Legal & General Group Plc Sells 716 Shares of Excelerate Energy, Inc. (NYSE:EE)

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Legal & General Group Plc trimmed its position in Excelerate Energy, Inc. (NYSE:EE – Free Report) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,038 shares of the company’s stock after selling 716 shares during the period. Legal & General Group Plc’s holdings [...]

Legal & General Group Plc trimmed its position in Excelerate Energy, Inc. (NYSE:EE – Free Report) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC.

The fund owned 20,038 shares of the company’s stock after selling 716 shares during the period. Legal & General Group Plc’s holdings in Excelerate Energy were worth $606,000 as of its most recent SEC filing. A number of other large investors have also made changes to their positions in the company.



Barclays PLC raised its holdings in Excelerate Energy by 299.8% in the 3rd quarter. Barclays PLC now owns 26,822 shares of the company’s stock worth $591,000 after purchasing an additional 20,113 shares during the period.

JPMorgan Chase & Co. lifted its position in shares of Excelerate Energy by 34.4% during the 3rd quarter.

JPMorgan Chase & Co. now owns 50,046 shares of the company’s stock valued at $1,102,000 after buying an additional 12,802 shares in the last quarter. Contravisory Investment Management Inc.

bought a new position in shares of Excelerate Energy during the 4th quarter valued at approximately $342,000. Ritholtz Wealth Management purchased a new stake in Excelerate Energy in the 4th quarter worth approximately $580,000. Finally, SG Americas Securities LLC raised its stake in Excelerate Energy by 11.

6% during the 4th quarter. SG Americas Securities LLC now owns 8,141 shares of the company’s stock worth $246,000 after acquiring an additional 845 shares during the period. 21.

79% of the stock is currently owned by institutional investors. Excelerate Energy Trading Up 1.1 %EE stock opened at $26.

83 on Tuesday. The firm has a market cap of $2.84 billion, a PE ratio of 27.

10, a price-to-earnings-growth ratio of 5.82 and a beta of 1.37.

The firm has a fifty day moving average price of $27.76 and a 200 day moving average price of $28.50.

The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.12 and a current ratio of 4.

12. Excelerate Energy, Inc. has a fifty-two week low of $16.

70 and a fifty-two week high of $32.99. Excelerate Energy Announces DividendThe firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th.

Stockholders of record on Wednesday, March 12th were issued a $0.06 dividend. The ex-dividend date of this dividend was Wednesday, March 12th.

This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.89%.

Excelerate Energy’s dividend payout ratio (DPR) is presently 19.20%. Analyst Upgrades and DowngradesEE has been the subject of a number of analyst reports.

Barclays increased their price objective on shares of Excelerate Energy from $31.00 to $32.00 and gave the stock an “overweight” rating in a research note on Friday, February 28th.

Wells Fargo & Company restated an “underweight” rating on shares of Excelerate Energy in a research report on Friday, March 28th. Stephens reiterated an “overweight” rating and set a $36.00 target price on shares of Excelerate Energy in a research report on Monday, March 3rd.

Morgan Stanley reissued an “underweight” rating and issued a $29.00 price target (up from $25.00) on shares of Excelerate Energy in a report on Friday, January 31st.

Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $31.00 price objective (up from $22.

00) on shares of Excelerate Energy in a report on Tuesday, January 7th. Three equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $31.

17.Get Our Latest Report on EEExcelerate Energy Profile (Free Report)Excelerate Energy, Inc provides flexible liquefied natural gas (LNG) solutions worldwide. The company offers regasification services, including floating storage and regasification units (FSRUs), infrastructure development, and LNG and natural gas supply, procurement, and distribution services; LNG terminal services; and natural gas supply to-power projects.

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