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Pines Wealth Management cut its Cheniere Energy holdings by 9.5%, despite the company's 28% revenue rise.
Pines Wealth Management LLC reduced its holdings in Cheniere Energy by 9.5%, now owning 1,439 shares worth $333,000.
Cheniere Energy, an LNG infrastructure company, saw a 28% revenue increase to $5.44 billion in the first quarter and analysts predict an EPS of 11.69 for the year.
The company's stock is valued at a P/E ratio of 17.08 and a market cap of $53.90 billion.
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Pines Wealth Management redujo sus participaciones en Cheniere Energy en un 9,5%, a pesar de que los ingresos de la compañía aumentaron un 28%.