Golar LNG Limited (GLNG) Stock Rating Lowered by Zacks Investment Research

Gladys Abbott
May 29, 2017

The shipping company reported $1.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.71 by $0.41. Ladenburg Thalmann Financial Services Inc. now owns 12,600 shares of the shipping company's stock valued at $303,000 after buying an additional 1,500 shares during the last quarter. About shares traded. Cerus Corporation (NASDAQ:CERS) has declined 40.83% since May 24, 2016 and is downtrending. It has outperformed by 6.70% the S&P500.

Basso Capital Management Lp decreased its stake in Golar Lng Ltd Bermuda (Put) (GLNG) by 90.29% based on its latest 2016Q4 regulatory filing with the SEC. Mosaic Family Wealth LLC now owns 12,405 shares of the shipping company's stock worth $244,000 after buying an additional 37 shares during the period. Guggenheim Capital LLC now owns 143,154 shares of the shipping company's stock valued at $3,441,000 after buying an additional 16,333 shares during the last quarter. The stock increased 0.97% or $0.23 during the last trading session, reaching $23.32. About 27,115 shares traded. It has underperformed by 32.35% the S&P500. The Firm operates through the LNG market segment. The stock's market cap is $2.72 billion. The Company is engaged in the acquisition, ownership, operation and chartering of LNG carriers and Floating Storage Regasification Unit (FSRUs) through its subsidiaries and affiliates, and the development of LNG projects, such as floating LNGs (FLNGs). Equities analysts anticipate that Golar LNG Limited will post ($0.96) earnings per share for the current fiscal year. The Company's FSRU vessels include Golar Spirit, Golar Winter, Golar Freeze, NR Satu, Golar Igloo and Golar Eskimo. Nordea Equity Research downgraded shares of Golar LNG Limited from a buy rating to a hold rating in a report on Friday, January 27th.

Headlines about Golar LNG Partners (NASDAQ:GMLP) have been trending somewhat positive recently, Alpha One reports. The stock of Golar LNG Limited (USA) (NASDAQ:GLNG) earned "Buy" rating by Seaport Global on Wednesday, November 23. The stock of Golar LNG Limited (USA) (NASDAQ:GLNG) has "Outperform" rating given on Monday, May 9 by Credit Suisse.

07/01/2015 - GMP Securities began new coverage on Golar LNG Partners LP giving the company a " rating. The stock of Golar LNG Partners LP (NASDAQ:GMLP) has "Buy" rating given on Tuesday, September 22 by Danske Bank. The firm has "Buy" rating by Stifel Nicolaus given on Tuesday, December 8. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the stock. Therefore 69% are positive. Abbvie Inc had 34 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, August 4 by SunTrust. The company was downgraded on Wednesday, February 8 by CLSA. The firm has "Neutral" rating by Bank of America given on Wednesday, December 2. The firm has "Equal-Weight" rating given on Thursday, October 20 by Barclays Capital. SunTrust initiated Physicians Realty Trust (NYSE:DOC) on Monday, March 21 with "Neutral" rating. The firm had revenue of $23.06 million during the quarter, compared to the consensus estimate of $19.39 million. The company was downgraded on Thursday, April 21 by Vertical Research. The stock has "Market Perform" rating by Cowen & Co on Monday, June 6.

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Since February 10, 2017, it had 4 insider purchases, and 1 sale for $758,708 activity. Bornstein Jeffrey S had bought 5,000 shares worth $148,150.

Crow Point Partners Llc increased 15.08.26 stake by 100,000 shares to 120,000 valued at $2.89M in 2016Q4. Blackrock Institutional Na accumulated 4.65 million shares or 0.01% of the stock.

Investors sentiment decreased to 0.8 in Q4 2016. Its up 0.07, from 1.42 in 2016Q3. It also reduced Electronic Arts Inc (Put) stake by 30,100 shares and now owns 6,300 shares. 116 funds opened positions while 609 raised stakes. 297.50 million shares or 1.30% less from 301.41 million shares in 2016Q3 were reported. Kbc Group Nv has 166,372 shares for 0.03% of their portfolio. Ameriprise Financial owns 276,300 shares. State Street has 1.48 million shares for 0% of their portfolio. Capital Guardian Tru Com holds 0% of its portfolio in Mosaic Co (NYSE:MOS) for 2,500 shares. Da Davidson Company has 110,223 shares for 0.01% of their portfolio. First Republic Investment Mgmt Incorporated holds 28,104 shares. Fundx Grp Ltd Limited Liability Company holds 0.12% of its portfolio in International Business Machines Corp. Private Advisor Group Limited Liability accumulated 60,572 shares or 0.33% of the stock. Harvey Cap Mngmt invested in 0.29% or 20,000 shares.

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