Inc. Cuts Position in Golar LNG Partners LP (GMLP)

Henrietta Strickland
January 13, 2018

Oceanic Investment Management Ltd sold 47,246 shares as Golar Lng Ltd Bermuda (GLNG)'s stock rose 4.44%. The hedge fund run by Christian Leone held 91,000 shares of the consumer services company at the end of 2017Q3, valued at $87.48M, up from 40,249 at the end of the previous reported quarter.

Chemical Bank increased its stake in Priceline Group Inc (PCLN) by 123.82% based on its latest 2017Q3 regulatory filing with the SEC. The stock increased 1.23% or $0.36 during the last trading session, reaching $29.73. Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria (NASDAQ:CRESY) has risen 112.69% since January 10, 2017 and is uptrending. It has outperformed by 27.22% the S&P500.

Christian Leone increased its stake in Amazon Com Inc (Call) (AMZN) by 126.09% based on its latest 2017Q3 regulatory filing with the SEC. The company has market cap of $1.62 billion. The Oceanic Investment Management Ltd holds 260,294 shares with $5.89 million value, down from 307,540 last quarter. Luxor Capital Group Lp who had been investing in Amazon Com Inc (Call) for a number of months, seems to be bullish on the $628.94 billion market cap company. About 735,225 shares traded. (NASDAQ:PCLN) has risen 44.63% since January 11, 2017 and is uptrending. It has outperformed by 6.70% the S&P500. After $-0.43 actual EPS reported by Golar LNG Limited for the previous quarter, Wall Street now forecasts -46.51% EPS growth. For the past 5 years, the company's revenue has grown 8.7%, while the company's earnings per share has grown 21.3%. SINA's profit will be $27.18M for 74.36 P/E if the $0.38 EPS becomes a reality. State Street Corp grew its holdings in shares of Golar LNG by 6.2% during the second quarter.

Among 8 analysts covering JAKKS Pacific (NASDAQ:JAKK), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 55% are positive. On Friday, June 23 the stock rating was maintained by Cowen & Co with "Buy". (NASDAQ:AMZN) on Tuesday, January 9 with "Buy" rating. Benchmark maintained it with "Buy" rating and $90 target in Friday, November 4 report. The firm has "Buy" rating given on Monday, August 21 by Stifel Nicolaus. The firm earned "Buy" rating on Friday, December 15 by Goldman Sachs. Brean Capital maintained SINA Corporation (NASDAQ:SINA) rating on Thursday, November 19. Barclays Capital has "Overweight" rating and $2100 target. The stock now has an 8 year dividend growth rate of 0.21050, a 5 year of 0.05410, and a 3 year of 0.02581. The rating was maintained by Credit Suisse on Wednesday, August 9 with "Buy". The firm has "Buy" rating given on Wednesday, June 1 by Nordea. About 107,812 shares traded. The fund owned 104,954 shares of the shipping company's stock after purchasing an additional 4,029 shares during the quarter.

Investors sentiment decreased to 0.97 in Q3 2017. Its up 0.21, from 0.99 in 2017Q2.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Calamos Wealth Management Ltd Limited Liability Company holds 0.79% in The Priceline Group Inc. Lord Abbett Co Limited Co holds 0.33% or 1.72 million shares in its portfolio. Segment Wealth Mngmt holds 0.1% or 17,755 shares. The stock tapped a 52-week high of US$119.26 while the mean 12-month price target for the shares is US$117.4. Commerzbank Aktiengesellschaft Fi invested 0.01% in AMETEK, Inc. Drexel Morgan & has 2,810 shares for 0.44% of their portfolio.

WARNING: "Neuberger Berman Group LLC Has $554,000 Stake in Golar LNG Partners LP (GMLP)" was originally published by TrueBlueTribune and is the property of of TrueBlueTribune. State Of New Jersey Common Pension Fund D reported 14,731 shares. Finally, FMR LLC increased its holdings in Golar LNG Partners by 4.7% during the 2nd quarter. It also reduced Cabot Oil & Gas Corp (NYSE:COG) stake by 976,591 shares and now owns 358,750 shares.

Golar LNG Limited (NASDAQ:GLNG) has been given a consensus recommendation of "Buy" by the twelve ratings firms that are presently covering the firm, Marketbeat reports. Therefore 92% are positive. Golar LNG Partners had 18 analyst reports since August 19, 2015 according to SRatingsIntel. L.P. (NYSE:KKR) earned "Buy" rating by Jefferies on Thursday, December 10. The company was maintained on Monday, June 26 by Jefferies. The firm has "Outperform" rating given on Thursday, September 24 by Oppenheimer. Stifel Nicolaus maintained the shares of GLNG in report on Friday, September 22 with "Buy" rating. (NASDAQ:PCLN) rating on Wednesday, August 9. The rating was upgraded by ABN Amro on Monday, October 3 to "Hold". DNB Markets downgraded Golar LNG Limited (NASDAQ:GLNG) on Friday, April 29 to "Hold" rating. Cowen & Co maintained it with "Buy" rating and $41.0 target in Thursday, November 30 report.

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