New Fortress Energy (NFE) News Today

New Fortress Energy (NASDAQ:NFE) Stock Price Down 7.2% on Analyst Downgrade

Deutsche Bank Aktiengesellschaft dropped their price target on New Fortress Energy from $33.00 to $26.00 and set a "hold" rating on the stock in a research note on Tuesday.

Shares of New Fortress Energy Inc. (NASDAQ:NFE - Get Free Report) have earned an average rating of "Moderate Buy" from the six research firms that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have issued a

M&G Plc purchased a new position in New Fortress Energy Inc. (NASDAQ:NFE - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,663,502 shares of the company's stock, valued at

New Fortress Energy (NASDAQ:NFE) Shares Gap Up to $24.22

New Fortress Energy (NASDAQ:NFE) Trading 5% Higher

New Fortress Energy (NASDAQ:NFE) Sees Large Volume Increase

New Fortress Energy Inc. (NASDAQ:NFE - Get Free Report) was the target of unusually large options trading on Wednesday. Stock traders bought 7,059 call options on the stock. This represents an increase of 84% compared to the average daily volume of 3,838 call options.

New Fortress Energy (NASDAQ:NFE) Sets New 52-Week Low at $19.30

New Fortress Energy Inc. (NASDAQ:NFE - Get Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 17,650,000 shares, an increase of 18.9% from the May 31st total of 14,850,000 shares. Currently, 15.3% of the shares of the company are short sold. Based on an average daily trading volume, of 1,760,000 shares, the days-to-cover ratio is currently 10.0 days.

New Fortress Energy (NASDAQ:NFE) Reaches New 52-Week Low at $19.96

New Fortress Energy (NASDAQ:NFE) Stock Price Down 6.1%

New Fortress Energy (NASDAQ:NFE) Shares Gap Up to $21.11

New Fortress Energy (NASDAQ:NFE) Reaches New 12-Month Low at $20.51

Nomura Holdings Inc. acquired a new stake in New Fortress Energy Inc. (NASDAQ:NFE - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 111,494 shares of the company's stock, valued at appro

New Fortress Energy (NASDAQ:NFE) Hits New 12-Month Low at $20.99

Electron Capital Partners LLC grew its holdings in shares of New Fortress Energy Inc. (NASDAQ:NFE - Free Report) by 9.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,322,340 shares of the company's stock after acquiring an additional 113,835 shares durin

Nomura Holdings Inc. bought a new stake in New Fortress Energy Inc. (NASDAQ:NFE - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 111,494 shares of the company's stock, valued at approximately $4

New Fortress Energy Inc. (NASDAQ:NFE - Get Free Report) was the target of unusually large options trading on Tuesday. Stock investors acquired 5,074 put options on the stock. This is an increase of approximately 70% compared to the average volume of 2,977 put options.

Advanced Portfolio Management LLC lowered its position in shares of New Fortress Energy Inc. (NASDAQ:NFE - Free Report) by 43.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 45,000 shares of the company's stock after se

New Fortress Energy (NASDAQ:NFE) Sets New 52-Week Low at $23.03

Capital World Investors lifted its position in shares of New Fortress Energy Inc. (NASDAQ:NFE - Free Report) by 8.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,964,622 shares of the company's stock after buying an

New Fortress Energy (NASDAQ:NFE) Sets New 1-Year Low at $23.52

New Fortress Energy Inc. (NASDAQ:NFE - Get Free Report) has received a consensus rating of "Hold" from the seven analysts that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the c

Norges Bank acquired a new stake in New Fortress Energy Inc. (NASDAQ:NFE - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 627,020 shares of the company's stock, valued at approximately $23,

Dimensional Fund Advisors LP grew its position in New Fortress Energy Inc. (NASDAQ:NFE - Free Report) by 21.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,024,178 shares of the company's stock after buying an additional 179,29

Lumbard & Kellner LLC raised its position in New Fortress Energy Inc. (NASDAQ:NFE - Free Report) by 65.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 171,662 shares of the company's stock after acquiring an additional 67,918 shares dur

Primecap Management Co. CA boosted its stake in New Fortress Energy Inc. (NASDAQ:NFE - Free Report) by 553.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,438,300 shares of the company's stock after buying an additio

New Fortress Energy (NASDAQ:NFE) Hits New 12-Month Low at $25.00

BNP Paribas Financial Markets cut its stake in shares of New Fortress Energy Inc. (NASDAQ:NFE - Free Report) by 24.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 100,589 shares of the company's stock after selling 32,419 shares

New Fortress Energy (NASDAQ:NFE) Shares Down 6.9%

M&G Investment Management Ltd. boosted its stake in New Fortress Energy Inc. (NASDAQ:NFE - Free Report) by 70.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,537,323 shares of the company's stock after buying an additional 634,851 shar

New Fortress Energy Inc. (NASDAQ:NFE - Get Free Report) saw unusually large options trading activity on Wednesday. Investors purchased 25,077 put options on the stock. This is an increase of approximately 1,125% compared to the typical daily volume of 2,047 put options.

New Fortress Energy Inc. (NASDAQ:NFE) announced a quarterly dividend on Thursday, May 9th. Stockholders of record on Saturday, June 15th will be paid a dividend of 0.10 per share on Thursday, June 27th. This represents a $0.40 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, June 14th.