Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Caption Management LLC

Caption Management LLC reduced its position in Cheniere Energy, Inc. (NYSE:LNG) by 84.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,287 shares of the energy company’s stock after selling 35,413 shares during the quarter. Caption Management LLC’s holdings in Cheniere Energy were worth $1,351,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Miracle Mile Advisors LLC acquired a new position in shares of Cheniere Energy during the fourth quarter worth about $2,127,000. Fractal Investments LLC grew its holdings in Cheniere Energy by 31.0% during the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company’s stock worth $12,720,000 after acquiring an additional 14,000 shares in the last quarter. Anderson Hoagland & Co. purchased a new stake in shares of Cheniere Energy in the 4th quarter valued at approximately $2,460,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Cheniere Energy by 31.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company’s stock worth $7,812,000 after purchasing an additional 8,756 shares during the last quarter. Finally, Kathmere Capital Management LLC acquired a new position in shares of Cheniere Energy during the fourth quarter worth $245,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the transaction, the director now owns 33,934 shares in the company, valued at $7,448,852.34. This trade represents a 20.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.26% of the stock is currently owned by company insiders.

Cheniere Energy Stock Down 0.2 %

Shares of Cheniere Energy stock opened at $234.98 on Wednesday. Cheniere Energy, Inc. has a one year low of $153.03 and a one year high of $257.65. The company has a market cap of $52.36 billion, a P/E ratio of 16.51 and a beta of 0.41. 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 firm has a fifty day moving average of $224.01 and a two-hundred day moving average of $218.90.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. On average, analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Friday, May 9th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Friday, May 9th. Cheniere Energy’s dividend payout ratio is presently 14.05%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on LNG. Bank of America lifted their price target on Cheniere Energy from $254.00 to $258.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. Raymond James restated a “strong-buy” rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Mizuho lifted their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. Scotiabank dropped their price objective on Cheniere Energy from $243.00 to $242.00 and set a “sector outperform” rating on the stock in a report on Tuesday, April 29th. Finally, UBS Group reissued a “buy” rating and issued a $277.00 target price on shares of Cheniere Energy in a report on Tuesday, March 18th. One analyst has rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Cheniere Energy presently has a consensus rating of “Buy” and an average target price of $251.46.

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.