Fox Run Administration L.L.C. purchased a brand new place in shares of Golar LNG Restricted (NASDAQ:GLNG – Get Ranking) within the third quarter, in line with the corporate in its most up-to-date Kind 13F submitting with the Securities and Alternate Fee (SEC). The agency purchased 20,490 shares of the transport firm’s inventory, valued at roughly $511,000.
→ The Subsequent Huge Disaster Is Right here (From Porter & Firm)
A number of different massive buyers have additionally modified their holdings of the enterprise. Ellevest Inc. boosted its place in shares of Golar LNG by 88.6% through the third quarter. Ellevest Inc. now owns 5,606 shares of the transport firm’s inventory value $140,000 after buying a further 2,634 shares through the interval. Brown Advisory Inc. grew its stake in shares of Golar LNG by 16.5% within the second quarter. Brown Advisory Inc. now owns 10,364 shares of the transport firm’s inventory valued at $236,000 after shopping for a further 1,467 shares within the final quarter. USA Monetary Portformulas Corp lifted its stake in Golar LNG by 12.2% through the third quarter. USA Monetary Portformulas Corp now owns 9,830 shares of the transport firm’s inventory value $245,000 after buying a further 1,069 shares within the final quarter. Los Angeles Capital Administration LLC bought a brand new place in Golar LNG through the 2nd quarter valued at about $557,000. Lastly, Optimum Funding Advisors grew its place in Golar LNG by 9.0% within the third quarter. Optimum Funding Advisors now owns 7,300 shares of the transport firm’s inventory valued at $182,000 after buying a further 600 shares within the final quarter. Institutional buyers and hedge funds personal 72.45% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
A number of analysis corporations have just lately commented on GLNG. StockNews.com assumed protection on shares of Golar LNG in a analysis word on Wednesday, October twelfth. They issued a “maintain” score for the corporate. Deutsche Financial institution Aktiengesellschaft raised their value goal on shares of Golar LNG from $17.00 to $33.00 and gave the corporate a “purchase” score in a analysis report on Thursday, November seventeenth. One funding analyst has rated the inventory with a maintain score and 6 have assigned a purchase score to the corporate’s inventory. Based on MarketBeat, the corporate has a consensus score of “Reasonable Purchase” and a median goal value of $29.90.
Golar LNG Buying and selling Up 0.4 %
NASDAQ GLNG opened at $23.38 on Friday. Golar LNG Restricted has a 52 week low of $13.68 and a 52 week excessive of $30.66. The agency has a 50 day shifting common of $23.39 and a two-hundred day shifting common of $24.81. The corporate has a fast ratio of two.57, a present ratio of two.57 and a debt-to-equity ratio of 0.35. The inventory has a market capitalization of $2.53 billion, a PE ratio of three.49 and a beta of 0.63.
Golar LNG (NASDAQ:GLNG – Get Ranking) final launched its quarterly earnings information on Wednesday, November sixteenth. The transport firm reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.20. The enterprise had income of $67.91 million through the quarter, in comparison with analysts’ expectations of $66.18 million. Golar LNG had a internet margin of 218.75% and a return on fairness of 5.91%. As a gaggle, analysis analysts count on that Golar LNG Restricted will publish 1.03 EPS for the present fiscal yr.
About Golar LNG
Golar LNG Restricted designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of LNG. It operates via Delivery and FLNG segments. The corporate engages within the operation and chartering of LNG carriers, Floating Liquefaction Pure Fuel Vessel (FLNG), and floating storage regasification models (FSRUs), in addition to operates exterior vessels.
This prompt information alert was generated by narrative science know-how and monetary information from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to email@example.com.
Earlier than you contemplate Golar LNG, you may need to hear this.
MarketBeat retains monitor of Wall Avenue’s top-rated and finest performing analysis analysts and the shares they suggest to their shoppers every day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and Golar LNG wasn’t on the checklist.
Whereas Golar LNG at the moment has a “Purchase” score amongst analysts, top-rated analysts consider these 5 shares are higher buys.
View The 5 Shares Right here