Institutional Ownership Of Golar LNG Limited (GLNG) Continues At 90.4 Percent

Golar LNG Limited (NASDAQ:GLNG) is now up 12.54% compared to a 12-month low of $20.49. We have seen the price to move -3.23% lower and get settled at $23.06 on 01/11/2019. At recent session, it appeared stuck in a range of $22.96 to $23.65. This company shares are 59.5% off its target price of $36.78 and the current market capitalization stands at $2.41B. The recent change has given its price a -8.17% deficit over SMA 50 and -35.12% deficit over its 52-week high. The stock witnessed -8.82% declines, -10.41% declines and -19.09% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found GLNG’s volatility during a week at 3.01% and during a month it has been found around 4.6%.

Golar LNG Limited (GLNG) Top Holders

Institutional investors currently hold around $1.83 billion or 90.4% in GLNG stock. Look at its top three institutional owners. Fmr Llc owns $209.68 million in Golar LNG Limited, which represents roughly 8.7% of the company’s market cap and approximately 11.49% of the institutional ownership. Similar statistics are true for the second largest owner, Barrow Hanley Mewhinney & Strauss Llc, which owns 6,149,953 shares of the stock are valued at $141.82 million. The third largest holder is Orbis Allan Gray Ltd, which currently holds $134.92 million worth of this stock and that ownership represents nearly 5.6% of its market capitalization.

Golar LNG Limited 13F Filings

At the end of September reporting period, 108 institutional holders increased their position in Golar LNG Limited (NASDAQ:GLNG) by some 10,024,457 shares, 97 decreased positions by 14,683,093 and 46 held positions by 54,423,478. That puts total institutional holdings at 79,131,028 shares, according to SEC filings. The stock grabbed 27 new institutional investments totaling 4,253,530 shares while 38 institutional investors sold out their entire positions totaling 2,617,632 shares.

Golar LNG Limited (GLNG) Analyst Guide

Several analysts have released their opinion on Golar LNG Limited (NASDAQ:GLNG), with 0 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation.

As the normal trading session ended, the stock of Redfin Corporation (NASDAQ:RDFN), fetched in a $0.6 spike to $16.96. The session began with the stock price at $16.31, hitting a high of $16.97 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2.9. Redfin Corporation gets 2 buy analyst recommendations while 6 recommend a hold and 0 rated it as a sell. The shares of the company tumbled -38.55% from its high $27.6, with their overall market value now roughly $1.46 billion.

Redfin Corporation (RDFN) Consensus Price Target

The mean recommendation of RDFN on Reuter’s scale upped from 2.5 to 2.67 within 30 days. This figure implies that the majority of analysts rate it as a hold. The price target for Redfin Corporation (NASDAQ:RDFN) is now around $16.83 a share, implying the stock has what it takes to grow by -0.77%. The recent trading session also indicated the stock needs to add 23.82% more meet analysts’ high consensus price target.

Redfin Corporation (NASDAQ:RDFN) Intraday Trading

The current trading volume of the company was 544543 shares during the last session. That compares with the recent average volume of 581620 shares. By the end of the regular trading session, the price volatility over a 1-week span was 5.08 while month stood 5.51%. The stock price of RDFN dropped to $16.15 during the day and at a certain time in 12 months it traded as low as $13.5. It has made a 25.63% recovery since its 52-week low point and has returned 17.78% year-to-date.