Cheniere Energy, Inc. (NYSE:LNG) Stake Decreased by Voya Investment Management LLC

Voya Investment Management LLC trimmed its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 2.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,066 shares of the energy company’s stock after selling 5,520 shares during the quarter. Voya Investment Management LLC’s holdings in Cheniere Energy were worth $40,195,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in LNG. MassMutual Private Wealth & Trust FSB raised its holdings in Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after purchasing an additional 75 shares in the last quarter. WR Wealth Planners LLC raised its stake in shares of Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after buying an additional 97 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cheniere Energy in the fourth quarter valued at $29,000. Nemes Rush Group LLC boosted its stake in Cheniere Energy by 2,022.2% during the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company’s stock valued at $41,000 after buying an additional 182 shares in the last quarter. Finally, Adirondack Trust Co. acquired a new position in Cheniere Energy during the fourth quarter worth about $43,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

LNG has been the topic of a number of research reports. Scotiabank reiterated an “outperform” rating on shares of Cheniere Energy in a report on Thursday, March 6th. StockNews.com upgraded Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Morgan Stanley lifted their target price on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Stifel Nicolaus reduced their target price on Cheniere Energy from $255.00 to $247.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Argus assumed coverage on Cheniere Energy in a research note on Tuesday, March 18th. They issued a “buy” rating and a $255.00 price target on the stock. Fifteen analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $245.15.

Insider Transactions at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the sale, the director now directly owns 33,934 shares of the company’s stock, valued at $7,448,852.34. The trade was a 20.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.26% of the company’s stock.

Cheniere Energy Stock Up 0.4 %

Shares of NYSE LNG opened at $233.23 on Friday. Cheniere Energy, Inc. has a 52-week low of $153.03 and a 52-week high of $257.65. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The stock has a market cap of $51.97 billion, a P/E ratio of 16.39 and a beta of 0.67. The firm has a 50 day moving average price of $221.95 and a 200 day moving average price of $216.35.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The company had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. Analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is currently 14.05%.

Cheniere Energy Company Profile

Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.