Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Chiron Investment Management LLC

Chiron Investment Management LLC raised its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 11.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,067 shares of the energy company’s stock after buying an additional 214 shares during the period. Chiron Investment Management LLC’s holdings in Cheniere Energy were worth $372,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in LNG. Wellington Management Group LLP boosted its stake in shares of Cheniere Energy by 195.1% during the 3rd quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company’s stock worth $755,410,000 after acquiring an additional 2,776,920 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Cheniere Energy by 1,490.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,957,451 shares of the energy company’s stock valued at $342,221,000 after purchasing an additional 1,834,347 shares during the period. Two Sigma Advisers LP increased its stake in 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 purchasing an additional 685,662 shares in the last quarter. Darlington Partners Capital Management LP raised its holdings in Cheniere Energy by 74.6% during the 2nd quarter. Darlington Partners Capital Management LP now owns 1,514,155 shares of the energy company’s stock worth $264,720,000 after buying an additional 647,096 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Cheniere Energy by 8.5% in the second quarter. The Manufacturers Life Insurance Company now owns 5,270,853 shares of the energy company’s stock worth $921,503,000 after buying an additional 413,744 shares during the period. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Trading Down 0.6 %

Shares of NYSE LNG opened at $212.97 on Wednesday. The stock has a market cap of $47.78 billion, a price-to-earnings ratio of 13.60 and a beta of 0.97. The business has a 50 day simple moving average of $200.98 and a 200 day simple moving average of $183.85. 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 $152.31 and a 52 week high of $228.10.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $2.06. The business had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. Cheniere Energy’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.37 EPS. On average, research analysts predict that Cheniere Energy, Inc. will post 11.25 earnings per share for the current fiscal year.

Cheniere Energy Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend was Friday, November 8th. Cheniere Energy’s dividend payout ratio is 12.77%.

Analyst Upgrades and Downgrades

LNG has been the subject of several research analyst reports. TD Cowen upped their price target on shares of Cheniere Energy from $202.00 to $242.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Royal Bank of Canada raised their target price on Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Stifel Nicolaus upped their price target on Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Barclays increased their price objective on Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Finally, UBS Group upped their target price on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a report on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Cheniere Energy currently has an average rating of “Moderate Buy” and a consensus price target of $216.56.

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.