UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Position in Tellurian Inc. (NYSEAMERICAN:TELL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its holdings in Tellurian Inc. (NYSEAMERICAN:TELL) by 73.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 990,357 shares of the oil and gas producer’s stock after selling 2,707,678 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Tellurian were worth $959,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Arizona State Retirement System raised its position in shares of 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 acquiring an additional 12,516 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in shares of Tellurian by 83.1% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 35,740 shares of the oil and gas producer’s stock valued at $35,000 after purchasing an additional 16,218 shares in the last quarter. Tanglewood Legacy Advisors LLC raised its holdings in Tellurian by 82.1% in the 3rd quarter. Tanglewood Legacy Advisors LLC now owns 47,703 shares of the oil and gas producer’s stock worth $46,000 after purchasing an additional 21,500 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in Tellurian by 88.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 60,204 shares of the oil and gas producer’s stock valued at $42,000 after purchasing an additional 28,236 shares during the period. Finally, Cubist Systematic Strategies LLC grew its position in shares of Tellurian by 16.0% in the second quarter. Cubist Systematic Strategies LLC now owns 205,672 shares of the oil and gas producer’s stock valued at $142,000 after purchasing an additional 28,301 shares during the period. 48.87% of the stock is owned by institutional investors and hedge funds.

Tellurian Trading Up 0.2 %

NYSEAMERICAN:TELL opened at $1.00 on Thursday. The business’s 50 day moving average price is $0.74. Tellurian Inc. has a 12 month low of $0.36 and a 12 month high of $1.07. The stock has a market cap of $892.85 million, a price-to-earnings ratio of -3.33 and a beta of 2.56. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.38.

Tellurian 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.