Barclays PLC Has $9.90 Million Stake in Tellurian Inc. (NYSEAMERICAN:TELL)

Barclays PLC lifted its position in shares of Tellurian Inc. (NYSEAMERICAN:TELL) by 36.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,226,856 shares of the oil and gas producer’s stock after buying an additional 2,714,339 shares during the quarter. Barclays PLC owned about 1.14% of Tellurian worth $9,899,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Arkadios Wealth Advisors acquired a new position in Tellurian in the second quarter valued at approximately $38,000. Commonwealth Equity Services LLC lifted its position in shares of Tellurian by 12.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 366,020 shares of the oil and gas producer’s stock valued at $254,000 after acquiring an additional 40,281 shares during the period. Foundations Investment Advisors LLC boosted its stake in Tellurian by 8.9% during the second quarter. Foundations Investment Advisors LLC now owns 1,439,118 shares of the oil and gas producer’s stock worth $997,000 after acquiring an additional 117,400 shares in the last quarter. Arizona State Retirement System grew its holdings in Tellurian by 6.8% in the second quarter. Arizona State Retirement System now owns 197,131 shares of the oil and gas producer’s stock worth $137,000 after purchasing an additional 12,516 shares during the period. Finally, PFG Investments LLC increased its stake in Tellurian by 144.3% in the second quarter. PFG Investments LLC now owns 235,230 shares of the oil and gas producer’s stock valued at $163,000 after purchasing an additional 138,925 shares in the last quarter. Institutional investors own 48.87% of the company’s stock.

Tellurian Stock Up 0.2 %

Shares of NYSEAMERICAN:TELL opened at $1.00 on Tuesday. Tellurian Inc. has a twelve month low of $0.36 and a twelve month high of $1.07. The stock’s 50 day moving average price is $0.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.27 and a quick ratio of 0.27. The firm has a market capitalization of $892.85 million, a price-to-earnings ratio of -3.33 and a beta of 2.56.

Tellurian Company Profile

Tellurian Inc engages in the natural gas business worldwide. It operates through three segments: The Upstream, The Midstream, and The Marketing & Trading. The company produces, gathers, purchases, sells, and delivers natural gas; acquires and develops natural gas assets; and develops, constructs, and operates liquefied natural gas terminals and pipelines.