Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Premier Fund Managers Ltd

Premier Fund Managers Ltd cut its stake in Cheniere Energy, Inc. (NYSE:LNG) by 14.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,000 shares of the energy company’s stock after selling 1,000 shares during the period. Premier Fund Managers Ltd’s holdings in Cheniere Energy were worth $1,279,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Orion Portfolio Solutions LLC grew its stake in Cheniere Energy by 5.1% in the fourth quarter. Orion Portfolio Solutions LLC now owns 14,786 shares of the energy company’s stock worth $3,177,000 after purchasing an additional 724 shares in the last quarter. New Age Alpha Advisors LLC bought a new position in shares of Cheniere Energy during the fourth quarter worth about $48,000. Norges Bank acquired a new stake in shares of Cheniere Energy in the fourth quarter valued at approximately $629,197,000. Blair William & Co. IL raised its stake in Cheniere Energy by 1.3% during the 4th quarter. Blair William & Co. IL now owns 49,426 shares of the energy company’s stock valued at $10,620,000 after acquiring an additional 613 shares in the last quarter. Finally, UniSuper Management Pty Ltd grew its position in Cheniere Energy by 22.5% in the 4th quarter. UniSuper Management Pty Ltd now owns 243,140 shares of the energy company’s stock valued at $52,243,000 after buying an additional 44,674 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.29% of the stock is currently owned by insiders.

Analyst Ratings Changes

LNG has been the topic of a number of research reports. Mizuho boosted their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. UBS Group restated a “buy” rating and set a $277.00 price objective on shares of Cheniere Energy in a research report on Tuesday, March 18th. Scotiabank reissued an “outperform” rating on shares of Cheniere Energy in a research note on Thursday, March 6th. Argus started coverage on Cheniere Energy in a report on Tuesday, March 18th. They set a “buy” rating and a $255.00 price target for the company. Finally, Stifel Nicolaus lifted their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, February 21st. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Cheniere Energy presently has an average rating of “Moderate Buy” and an average target price of $239.79.

Cheniere Energy Stock Down 2.4 %

Shares of LNG stock opened at $226.76 on Friday. 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 52-week low of $152.88 and a 52-week high of $257.65. The firm’s 50-day moving average is $224.08 and its 200-day moving average is $210.14. The stock has a market cap of $50.72 billion, a price-to-earnings ratio of 15.94 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $1.59. The company 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%. Sell-side analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.88%. Cheniere Energy’s payout ratio is presently 14.05%.

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.