Two Sigma Securities LLC grew its stake in Cheniere Energy, Inc. (NYSE:LNG – Free Report) by 760.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,580 shares of the energy company’s stock after buying an additional 2,280 shares during the period. Two Sigma Securities LLC’s holdings in Cheniere Energy were worth $554,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in Cheniere Energy in the 4th quarter worth approximately $629,197,000. Ninety One UK Ltd lifted its stake in shares of Cheniere Energy by 1,400.7% in the fourth quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company’s stock worth $324,393,000 after buying an additional 1,409,116 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Cheniere Energy by 61.2% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company’s stock worth $357,638,000 after buying an additional 631,787 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Cheniere Energy during the 4th quarter worth $130,772,000. Finally, Proficio Capital Partners LLC grew its stake in Cheniere Energy by 18,281.6% in the 4th quarter. Proficio Capital Partners LLC now owns 575,897 shares of the energy company’s stock valued at $123,743,000 after buying an additional 572,764 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Raymond James restated a “strong-buy” rating on shares of Cheniere Energy in a report on Wednesday. Barclays increased their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Mizuho lifted their price target on Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 18th. Morgan Stanley increased their price objective on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Finally, StockNews.com raised shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Fifteen research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $245.15.
Insider Buying and Selling
In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company’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 approximately $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.26% of the stock is currently owned by corporate insiders.
Cheniere Energy Stock Up 0.4 %
Shares of LNG opened at $233.23 on Friday. Cheniere Energy, Inc. has a 12 month low of $153.03 and a 12 month high of $257.65. The stock has a market cap of $51.97 billion, a price-to-earnings ratio of 16.39 and a beta of 0.67. The company has a 50-day moving average price of $221.95 and a two-hundred day moving average price of $216.35. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41.
Cheniere Energy (NYSE:LNG – Get Free Report) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Equities analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.
Cheniere Energy Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s payout ratio is 14.05%.
Cheniere Energy 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.
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