Barclays PLC Purchases 2,714,339 Shares of Tellurian Inc. (NYSEAMERICAN:TELL)

Barclays PLC grew its position in shares of Tellurian Inc. (NYSEAMERICAN:TELL) by 36.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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’s holdings in Tellurian were worth $9,899,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in Tellurian by 83.1% during the third 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 buying an additional 16,218 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Tellurian during the 2nd quarter valued at approximately $37,000. Arkadios Wealth Advisors purchased a new stake in shares of Tellurian during the 2nd quarter worth approximately $38,000. OLD National Bancorp IN bought a new stake in shares of Tellurian in the 3rd quarter worth approximately $39,000. Finally, Vanguard Personalized Indexing Management LLC lifted its stake 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 last quarter. Hedge funds and other institutional investors own 48.87% of the company’s stock.

Tellurian Price Performance

NYSEAMERICAN:TELL opened at $1.00 on Tuesday. The stock has a market capitalization of $892.85 million, a P/E ratio of -3.33 and a beta of 2.56. The stock has a fifty day moving average price of $0.74. The company has a quick ratio of 0.27, a current ratio of 0.27 and a debt-to-equity ratio of 0.38. Tellurian Inc. has a 1 year low of $0.36 and a 1 year high of $1.07.

About Tellurian

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.