Golar Lng LTD Bermuda (GLNG) Shareholder Ascend Capital LLC Decreased Stake

Golar LNG Limited (NASDAQ:GLNG) Corporate Logo

Ascend Capital Llc decreased its stake by 13.4% in Golar Lng Ltd Bermuda (GLNG), according to 2018Q3 SEC form. 172,667 shares were sold by Ascend Capital Llc as the company’s stock declined 0.63% with the market. The hedge fund is holding 1.12 million shares, compared to the 1.29M from the previous quarter. And the reported value of the marine transportation company is $31.02 million for the 2018Q3. Golar Lng Ltd Bermuda has $2.23B MC. GLNG touched $22.77 during the last trading session after $0.36 change.Golar LNG Limited has volume of 807,245 shares. Since February 14, 2018 GLNG has risen 2.68% and is uptrending. GLNG outperformed by 2.68% the S&P 500.

According to a filing Ascend Capital Llc increased its stake in Prudential Finl Inc (NYSE:PRU) by 126,351 shares to 304,258 shares, valued at $30.83 million in 2018Q3. The fund manages about $4.98B and $1.99 billion US Long portfolio. Ascend Capital Llc has risen its stake in Sterling Bancorp Del (NYSE:STL) and also increased its holding in State Str Corp (NYSE:STT) by 363,514 shares in the quarter, for a total of 391,283 shares.

Golar LNG Limited (NASDAQ:GLNG)’s quarterly earnings will be published on February, 27., RTT reports. Analysts forecast $0.16 EPS, which is $0.27 up or 245.45 % from 2018’s $-0.11 EPS. The profit will be $15.70M for GLNG if $0.16 EPS becomes true. Wall Street forecasts -245.45 % EPS growth as of February, 27.

For more Golar LNG Limited (NASDAQ:GLNG) news brought out recently go to: Globenewswire.com, Zacks.com, Seekingalpha.com, 247Wallst.com or Seekingalpha.com. The titles are as follows: “FLNG Hilli Episeyo – Closing of Post Acceptance Debt Financing – GlobeNewswire” brought out on June 21, 2018, “Golar LNG (GLNG) Down 11.1% Since Last Earnings Report: Can It Rebound? – Zacks.com” on December 05, 2018, “Do Chinese LNG Tariffs Matter? – Seeking Alpha” with a publish date: August 08, 2018, “Top Analyst Upgrades and Downgrades: Abbott Labs, Alphabet, AMD, FireEye, Gap, Golar LNG, Nike and More – 24/7 Wall St.” and the last “Golar: An Undervalued LNG Shipping Stock With 30% Upside Potential – Seeking Alpha” with publication date: October 28, 2018.

Golar LNG Limited (NASDAQ:GLNG) Ratings Coverage

In total 5 analysts cover Golar LNG (NASDAQ:GLNG). “Buy” rating has 5, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 6 are the (NASDAQ:GLNG)’s analyst reports since August 24, 2018 according to StockzIntelligence Inc. On Friday, August 24 the rating was maintained by Morgan Stanley with “Overweight”. On Thursday, October 18 the stock has “Buy” rating by Bank of America. On Tuesday, November 6 the rating was maintained by Morgan Stanley with “Overweight”.

Golar LNG Limited (NASDAQ:GLNG) Analyst Ratings Chart

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