WealthShield Partners LLC Lowers Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

WealthShield Partners LLC lowered its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 14.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,000 shares of the energy company’s stock after selling 164 shares during the quarter. WealthShield Partners LLC’s holdings in Cheniere Energy were worth $215,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LNG. Wellington Management Group LLP boosted its position in Cheniere Energy by 195.1% in the third quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company’s stock worth $755,410,000 after purchasing an additional 2,776,920 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Cheniere Energy by 91.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company’s stock worth $673,927,000 after purchasing an additional 1,789,919 shares during the period. Ninety One UK Ltd boosted its holdings in shares of Cheniere Energy by 1,400.7% in the 4th 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. Two Sigma Advisers LP boosted its holdings in shares of Cheniere Energy by 328.2% in the 3rd quarter. Two Sigma Advisers LP now owns 894,600 shares of the energy company’s stock worth $160,885,000 after buying an additional 685,662 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in Cheniere Energy by 61.2% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company’s stock valued at $357,638,000 after buying an additional 631,787 shares during the period. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Trading Down 0.7 %

Shares of LNG stock opened at $219.70 on Tuesday. Cheniere Energy, Inc. has a 52-week low of $152.31 and a 52-week high of $257.65. The business’s fifty day moving average is $223.26 and its 200 day moving average is $204.26. 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 company has a market capitalization of $49.29 billion, a PE ratio of 15.44 and a beta of 0.98.

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

Cheniere Energy Dividend Announcement

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s payout ratio is 14.05%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LNG. The Goldman Sachs Group lifted their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. TD Cowen boosted their target price on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Morgan Stanley increased their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. UBS Group boosted their price objective on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, Stifel Nicolaus increased their target price on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $235.75.

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.