Natixis Advisors LLC Has $17.80 Million Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Natixis Advisors LLC grew its position in Cheniere Energy, Inc. (NYSE:LNGFree Report) by 22.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 82,835 shares of the energy company’s stock after purchasing an additional 14,928 shares during the period. Natixis Advisors LLC’s holdings in Cheniere Energy were worth $17,799,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Clearstead Trust LLC raised its holdings in Cheniere Energy by 84.1% in the fourth quarter. Clearstead Trust LLC now owns 3,681 shares of the energy company’s stock worth $791,000 after purchasing an additional 1,681 shares during the period. Catalyst Funds Management Pty Ltd acquired a new stake in shares of Cheniere Energy during the fourth quarter worth $5,028,000. Poinciana Advisors Group LLC acquired a new stake in shares of Cheniere Energy during the fourth quarter worth $208,000. United Capital Management of KS Inc. raised its holdings in shares of Cheniere Energy by 14.8% during the fourth quarter. United Capital Management of KS Inc. now owns 24,017 shares of the energy company’s stock worth $5,160,000 after acquiring an additional 3,104 shares during the period. Finally, Wellington Shields & Co. LLC raised its holdings in shares of Cheniere Energy by 204.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 1,371 shares of the energy company’s stock worth $295,000 after acquiring an additional 920 shares during the period. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Stock Performance

Shares of LNG opened at $224.07 on Wednesday. The firm has a 50-day moving average of $224.84 and a 200-day moving average of $208.17. Cheniere Energy, Inc. has a one year low of $152.88 and a one year high of $257.65. The company has a market cap of $50.12 billion, a PE ratio of 15.75 and a beta of 0.94. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98.

Cheniere Energy (NYSE:LNGGet Free Report) 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 company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. As a group, equities analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Barclays raised their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. 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 report on Thursday, December 19th. UBS Group restated a “buy” rating and set a $277.00 price objective on shares of Cheniere Energy in a report on Tuesday. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Cheniere Energy in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $239.79.

Get Our Latest Research Report on LNG

Insider Activity

In other news, Director G Andrea Botta sold 9,000 shares of the firm’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 completion of the sale, the director now owns 33,934 shares in the company, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.29% of the company’s stock.

Cheniere Energy Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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