Brookfield Adds $4M in Golar LNG Limited ($GLNG)
Key Points
- Brookfield changed its Golar LNG Limited ($GLNG) stake by 12.78% last quarter, boosting to 789,859 shares worth $39.22 million.
- Wall Street's consensus rating on $GLNG is Strong Buy and an average price target of $63.94.
- $GLNG last traded around $49.65.
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Brookfield increased its position in Golar LNG Limited ($GLNG) by 12.78% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 789,859 shares of Golar LNG Limited after buying 89,512 shares during the quarter. Brookfield's holdings in Golar LNG Limited were worth $39.22 million as of its most recent filing.
Golar LNG Limited Stock Down 1.3%
Shares of Golar LNG Limited ($GLNG) traded around $49.65 on Saturday, down 1.3% for the day.
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Analysts Set New Price Targets
About Golar LNG Limited
Golar LNG Limited designs, converts, owns, and operates marine infrastructure for the liquefaction of natural gas. The company operates in two segments, FLNG, and Corporate and Other. It engages in the regasification, storage, and liquefied natural gas (LNG) carrier transportation operations; operation of floating liquefaction natural gas (FLNG) vessels or projects; transportation of LNG carriers; and vessel management activities. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.