Cambridge Investment Research Advisors Inc. raised its stake in shares of Tellurian Inc. (NYSEAMERICAN:TELL – Get Rating) by 46.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 92,015 shares of the oil and gas producer's stock after purchasing an additional 29,155 shares during the quarter. Cambridge Investment Research Advisors Inc.'s holdings in Tellurian were worth $220,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its position in shares of Tellurian by 527.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 9,411 shares of the oil and gas producer's stock valued at $28,000 after acquiring an additional 7,911 shares in the last quarter. Smith Salley & Associates acquired a new position in Tellurian in the second quarter valued at about $30,000. Brown Advisory Inc. acquired a new position in Tellurian in the second quarter valued at about $30,000. Steel Peak Wealth Management LLC acquired a new position in Tellurian in the second quarter valued at about $31,000. Finally, Parisi Gray Wealth Management acquired a new position in Tellurian in the second quarter valued at about $45,000. Institutional investors own 39.42% of the company's stock.

Wall Street Analyst Weigh In

TELL has been the topic of a number of recent analyst reports. B. Riley reduced their price target on shares of Tellurian from $8.00 to $6.00 and set a "buy" rating on the stock in a research report on Monday, September 26th. Evercore ISI dropped their target price on shares of Tellurian from $5.00 to $2.50 in a research note on Monday, September 26th. Finally, Stifel Nicolaus dropped their target price on shares of Tellurian from $3.00 to $2.00 and set a "sell" rating for the company in a research note on Monday, September 26th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Tellurian presently has a consensus rating of "Moderate Buy" and a consensus target price of $4.40.

Tellurian Trading Down 5.6 %

Tellurian (NYSEAMERICAN:TELL – Get Rating) last announced its earnings results on Wednesday, November 2nd. The oil and gas producer reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.04). Tellurian had a negative return on equity of 21.83% and a negative net margin of 39.26%. The business had revenue of $81.10 million for the quarter, compared to analyst estimates of $89.05 million. As a group, analysts anticipate that Tellurian Inc. will post -0.2 EPS for the current fiscal year.

Tellurian Profile

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Tellurian Inc engages in the natural gas business worldwide. The company is developing a portfolio of natural gas production, liquefied natural gas (LNG) marketing, and infrastructure assets that includes an approximately 27.6 million tons per annum LNG export facility and an associated pipeline. It owns interests in 11,060 net acres of natural gas assets and 78 producing wells located in the Haynesville Shale trend of northern Louisiana.

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