Empire State Realty Trust (ESRT) Holder Real Estate Management Services Lowered Its Holding by $3.80 Million; Global X Management Co Has Cut Its Cheniere Energy (LNG) Position as Share Price Rose

February 15, 2018 - By Michael Collier

Global X Management Co Llc decreased its stake in Cheniere Energy Inc (LNG) by 14.45% based on its latest 2017Q3 regulatory filing with the SEC. Global X Management Co Llc sold 58,859 shares as the company’s stock rose 6.51% with the market. The institutional investor held 348,438 shares of the public utilities company at the end of 2017Q3, valued at $15.69 million, down from 407,297 at the end of the previous reported quarter. Global X Management Co Llc who had been investing in Cheniere Energy Inc for a number of months, seems to be less bullish one the $13.73 billion market cap company. The stock decreased 0.79% or $0.46 during the last trading session, reaching $57.72. About 374,991 shares traded. Cheniere Energy, Inc. (NYSEMKT:LNG) has risen 51.31% since February 15, 2017 and is uptrending. It has outperformed by 34.61% the S&P500.

Real Estate Management Services Llc decreased its stake in Empire State Realty Trust (ESRT) by 17.15% based on its latest 2017Q3 regulatory filing with the SEC. Real Estate Management Services Llc sold 189,800 shares as the company’s stock declined 1.47% while stock markets rallied. The institutional investor held 916,800 shares of the consumer services company at the end of 2017Q3, valued at $18.83 million, down from 1.11M at the end of the previous reported quarter. Real Estate Management Services Llc who had been investing in Empire State Realty Trust for a number of months, seems to be less bullish one the $5.47B market cap company. The stock increased 0.14% or $0.02 during the last trading session, reaching $18.17. About 646,153 shares traded. Empire State Realty Trust, Inc. (NYSE:ESRT) has risen 10.59% since February 15, 2017 and is uptrending. It has underperformed by 6.11% the S&P500.

Since December 15, 2017, it had 0 insider buys, and 2 sales for $1.32 million activity. Shares for $315,760 were sold by BAILEY VICKY A.

Analysts await Cheniere Energy, Inc. (NYSEAMERICAN:LNG) to report earnings on February, 27. They expect $0.22 earnings per share, up 164.71% or $0.56 from last year’s $-0.34 per share. LNG’s profit will be $52.32 million for 65.59 P/E if the $0.22 EPS becomes a reality. After $-1.09 actual earnings per share reported by Cheniere Energy, Inc. for the previous quarter, Wall Street now forecasts -120.18% EPS growth.

Global X Management Co Llc, which manages about $3.30 billion and $3.68B US Long portfolio, upped its stake in Spectra Energy Partners Lp (NYSE:SEP) by 122,889 shares to 573,085 shares, valued at $25.43 million in 2017Q3, according to the filing. It also increased its holding in Fortress Trans Infrst Invs L by 32,660 shares in the quarter, for a total of 562,981 shares, and has risen its stake in Artisan Partners Asset Mgmt (NYSE:APAM).

Among 9 analysts covering Cheniere Energy Inc (NYSEMKT:LNG), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Cheniere Energy Inc had 13 analyst reports since July 23, 2015 according to SRatingsIntel. Wells Fargo initiated the stock with “Outperform” rating in Wednesday, February 8 report. As per Monday, October 12, the company rating was maintained by Barclays Capital. Barclays Capital maintained it with “Overweight” rating and $53.0 target in Tuesday, September 6 report. Citigroup upgraded the stock to “Buy” rating in Wednesday, January 13 report. The rating was upgraded by Goldman Sachs to “Buy” on Tuesday, February 23. The company was initiated on Wednesday, May 11 by Bernstein. Global Hunter Securities initiated Cheniere Energy, Inc. (NYSEAMERICAN:LNG) on Thursday, July 23 with “Accumulate” rating. The firm has “Outperform” rating given on Wednesday, August 5 by Credit Suisse. The firm has “Sector Outperform” rating by Howard Weil given on Tuesday, June 14.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.36, from 1.33 in 2017Q2. It dived, as 42 investors sold LNG shares while 111 reduced holdings. 44 funds opened positions while 104 raised stakes. 215.48 million shares or 3.93% more from 207.33 million shares in 2017Q2 were reported. California Pub Employees Retirement Systems stated it has 0.03% in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Oppenheimer & stated it has 9,440 shares or 0.01% of all its holdings. National Bank & Trust Of New York Mellon, New York-based fund reported 2.36 million shares. Next Financial Grp Inc stated it has 5,003 shares or 0.07% of all its holdings. Employees Retirement Of Ohio invested in 0.02% or 88,427 shares. State Street reported 4.12M shares. Rhumbline Advisers owns 238,307 shares. Panagora Asset holds 0% or 17,820 shares. Fort Washington Inv Advsr Oh invested in 0.17% or 236,352 shares. Vanguard Grp Inc invested 0.04% of its portfolio in Cheniere Energy, Inc. (NYSEAMERICAN:LNG). Point72 Asset Mngmt Limited Partnership reported 0.21% stake. Hennessy Advsr Inc holds 1.60M shares or 2.23% of its portfolio. Dekabank Deutsche Girozentrale holds 18,508 shares. Asset Management Incorporated holds 0.01% or 8,698 shares in its portfolio. Breton Hill Cap invested 0.16% of its portfolio in Cheniere Energy, Inc. (NYSEAMERICAN:LNG).

Real Estate Management Services Llc, which manages about $741.04 million and $485.92M US Long portfolio, upped its stake in New York Reit (NYSE:NYRT) by 115,100 shares to 2.81M shares, valued at $22.03M in 2017Q3, according to the filing. It also increased its holding in Ramcogershenson Pr D Conv (Prn) by 14,000 shares in the quarter, for a total of 31,700 shares, and has risen its stake in Istar Inc. (NYSE:STAR).

Investors sentiment decreased to 1.35 in 2017 Q3. Its down 0.04, from 1.39 in 2017Q2. It fall, as 18 investors sold ESRT shares while 47 reduced holdings. 26 funds opened positions while 62 raised stakes. 128.07 million shares or 1.36% less from 129.83 million shares in 2017Q2 were reported. Tiaa Cref Invest Lc holds 0.01% or 404,874 shares in its portfolio. Glob Endowment Mgmt Ltd Partnership, North Carolina-based fund reported 145,800 shares. Envestnet Asset Management Inc invested in 0% or 185 shares. Bb&T Secs Limited Liability reported 0% stake. Hbk Investments LP invested in 23,900 shares or 0% of the stock. Loeb Partners invested in 14,800 shares. Royal Bankshares Of Canada invested in 1,696 shares. Renaissance Technologies Ltd Liability holds 1.82M shares or 0.04% of its portfolio. Massachusetts-based Loomis Sayles & LP has invested 0% in Empire State Realty Trust, Inc. (NYSE:ESRT). Lazard Asset Limited Liability has 0% invested in Empire State Realty Trust, Inc. (NYSE:ESRT). First Mercantile Tru holds 12,524 shares or 0.05% of its portfolio. Financial Bank Of Montreal Can reported 0% stake. Numeric Ltd Liability accumulated 1.60 million shares. Jpmorgan Chase & Co stated it has 0% of its portfolio in Empire State Realty Trust, Inc. (NYSE:ESRT). Barclays Public Ltd Limited Liability Company reported 123,615 shares.

Analysts await Empire State Realty Trust, Inc. (NYSE:ESRT) to report earnings on February, 28. They expect $0.25 EPS, 0.00% or $0.00 from last year’s $0.25 per share. ESRT’s profit will be $75.19M for 18.17 P/E if the $0.25 EPS becomes a reality. After $0.26 actual EPS reported by Empire State Realty Trust, Inc. for the previous quarter, Wall Street now forecasts -3.85% negative EPS growth.

Among 7 analysts covering Empire State Realty Trust (NYSE:ESRT), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Empire State Realty Trust had 17 analyst reports since September 10, 2015 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Wednesday, July 26. The stock of Empire State Realty Trust, Inc. (NYSE:ESRT) has “Buy” rating given on Thursday, August 25 by BTIG Research. The rating was maintained by BMO Capital Markets on Monday, July 3 with “Buy”. The company was maintained on Monday, September 4 by BMO Capital Markets. The firm earned “Buy” rating on Friday, September 22 by KeyBanc Capital Markets. BMO Capital Markets maintained Empire State Realty Trust, Inc. (NYSE:ESRT) on Tuesday, January 9 with “Buy” rating. BMO Capital Markets maintained the stock with “Buy” rating in Wednesday, November 1 report. The rating was initiated by BMO Capital Markets with “Outperform” on Thursday, September 10. The company was maintained on Wednesday, July 5 by Stifel Nicolaus. Cowen & Co initiated the shares of ESRT in report on Monday, March 28 with “Outperform” rating.

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