ORG Partners LLC Invests $50,000 in Tellurian Inc. (NYSEAMERICAN:TELL)

ORG Partners LLC acquired a new position in shares of Tellurian Inc. (NYSEAMERICAN:TELL) during the 4th quarter, Holdings Channel reports. The fund acquired 66,000 shares of the oil and gas producer’s stock, valued at approximately $50,000.

Other large investors have also made changes to their positions in the company. Raymond James Financial Services Advisors Inc. raised its position in Tellurian by 37.2% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 143,324 shares of the oil and gas producer’s stock valued at $760,000 after purchasing an additional 38,825 shares during the period. Bank of New York Mellon Corp raised its position in Tellurian by 1.0% in the first quarter. Bank of New York Mellon Corp now owns 1,187,669 shares of the oil and gas producer’s stock valued at $6,295,000 after purchasing an additional 12,317 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in Tellurian by 25.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 39,110 shares of the oil and gas producer’s stock valued at $207,000 after purchasing an additional 8,037 shares during the period. MetLife Investment Management LLC raised its position in Tellurian by 40.3% in the first quarter. MetLife Investment Management LLC now owns 179,743 shares of the oil and gas producer’s stock valued at $953,000 after purchasing an additional 51,625 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new position in Tellurian in the first quarter valued at about $78,000. 48.87% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Morgan Stanley dropped their target price on Tellurian from $2.50 to $1.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 13th.

Tellurian Trading Down 8.4 %

NYSEAMERICAN:TELL opened at $0.46 on Tuesday. Tellurian Inc. has a one year low of $0.36 and a one year high of $1.76. The stock has a 50-day moving average price of $0.82. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.66 and a quick ratio of 0.66.

Tellurian (NYSEAMERICAN:TELL) last issued its earnings results on Friday, February 23rd. The oil and gas producer reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. Tellurian had a negative return on equity of 22.05% and a negative net margin of 100.03%. The company had revenue of $39.96 million during the quarter, compared to the consensus estimate of $55.22 million. Equities research analysts predict that Tellurian Inc. will post -0.21 earnings per share for the current fiscal year.

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.