Two Sigma Investments LP Acquires 259,565 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Two Sigma Investments LP boosted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 31.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,080,666 shares of the energy company’s stock after acquiring an additional 259,565 shares during the quarter. Two Sigma Investments LP owned 0.48% of Cheniere Energy worth $232,203,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in LNG. MassMutual Private Wealth & Trust FSB lifted its holdings in Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after buying an additional 75 shares during the period. WR Wealth Planners LLC raised its position in shares of Cheniere Energy by 373.1% during the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after acquiring an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Cheniere Energy in the fourth quarter worth approximately $29,000. Banque Transatlantique SA bought a new stake in Cheniere Energy in the fourth quarter valued at approximately $32,000. Finally, Nemes Rush Group LLC increased its position in Cheniere Energy by 2,022.2% during the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company’s stock valued at $41,000 after purchasing an additional 182 shares during the period. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $234.83 on Monday. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The firm has a fifty day simple moving average of $226.57 and a two-hundred day simple moving average of $221.96. Cheniere Energy, Inc. has a 12 month low of $153.03 and a 12 month high of $257.65. The firm has a market capitalization of $52.08 billion, a PE ratio of 16.50 and a beta of 0.41.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, May 8th. The energy company reported $1.57 EPS for the quarter, missing the consensus estimate of $2.81 by ($1.24). Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $5.44 billion for the quarter, compared to the consensus estimate of $4.73 billion. During the same period in the previous year, the firm earned $2.13 earnings per share. The company’s revenue was up 28.0% on a year-over-year basis. Analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Shareholders 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 currently 14.63%.

Insider Transactions at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the sale, the director now owns 33,934 shares in the company, 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 SEC, which can be accessed through this link. Company insiders own 0.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on LNG shares. Stifel Nicolaus dropped their price target on shares of Cheniere Energy from $255.00 to $247.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. TD Cowen lifted their target price on shares of Cheniere Energy from $250.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, May 9th. Bank of America upped their price target on shares of Cheniere Energy from $254.00 to $258.00 and gave the company a “buy” rating in a research report on Tuesday, April 29th. StockNews.com downgraded Cheniere Energy from a “buy” rating to a “hold” rating in a report on Friday, May 9th. Finally, Wolfe Research downgraded Cheniere Energy from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, April 30th. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Cheniere Energy currently has an average rating of “Moderate Buy” and an average price target of $252.23.

About Cheniere Energy

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.