Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd reduced its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,225 shares of the energy company’s stock after selling 961 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Cheniere Energy were worth $3,916,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in LNG. First Trust Direct Indexing L.P. raised its holdings in Cheniere Energy by 2.9% during the third quarter. First Trust Direct Indexing L.P. now owns 5,159 shares of the energy company’s stock worth $928,000 after purchasing an additional 146 shares in the last quarter. Pinnacle Associates Ltd. raised its stake in Cheniere Energy by 1.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 15,323 shares of the energy company’s stock worth $2,616,000 after acquiring an additional 209 shares in the last quarter. 1620 Investment Advisors Inc. lifted its position in Cheniere Energy by 6.3% in the third quarter. 1620 Investment Advisors Inc. now owns 2,384 shares of the energy company’s stock valued at $429,000 after acquiring an additional 142 shares during the last quarter. US Bancorp DE boosted its stake in Cheniere Energy by 3.4% in the third quarter. US Bancorp DE now owns 14,536 shares of the energy company’s stock valued at $2,614,000 after acquiring an additional 479 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Cheniere Energy by 53.3% during the third quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock worth $66,000 after purchasing an additional 128 shares during the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on LNG. Scotiabank upped their target price on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research report on Tuesday, January 21st. Stifel Nicolaus increased their price objective on Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a report on Friday, February 21st. TD Cowen lifted their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a report on Monday, January 27th. Barclays increased their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Finally, The Goldman Sachs Group raised their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. 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 data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $235.75.

Cheniere Energy Stock Up 0.4 %

LNG stock opened at $219.85 on Friday. The stock has a market capitalization of $49.17 billion, a PE ratio of 15.45 and a beta of 0.98. The company has a fifty day moving average of $223.89 and a 200-day moving average of $204.69. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a one year low of $152.31 and a one year high of $257.65.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $4.44 billion. As a group, analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.91%. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

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.