Amundi Buys 448,189 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Amundi boosted its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 19.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,696,002 shares of the energy company's stock after buying an additional 448,189 shares during the period. Amundi owned approximately 1.20% of Cheniere Energy worth $606,907,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of LNG. MassMutual Private Wealth & Trust FSB grew its stake in Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after buying an additional 75 shares in the last quarter. WR Wealth Planners LLC boosted its holdings in Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after purchasing an additional 97 shares during the period. Capital Performance Advisors LLP bought a new position in Cheniere Energy in the 3rd quarter valued at $28,000. Kohmann Bosshard Financial Services LLC bought a new position in Cheniere Energy in the 4th quarter valued at $29,000. Finally, Adirondack Trust Co. bought a new position in Cheniere Energy in the 4th quarter valued at $43,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the business's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the transaction, the director now owns 33,934 shares in the company, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.29% of the stock is currently owned by insiders.

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Analysts Set New Price Targets

Several brokerages have commented on LNG. Morgan Stanley raised their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Scotiabank raised their price target on shares of Cheniere Energy from $247.00 to $254.00 and gave the company a "sector outperform" rating in a report on Thursday. The Goldman Sachs Group raised their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a "buy" rating in a report on Thursday, December 19th. TD Cowen raised their price target 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. Finally, Barclays lifted 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. One analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $236.33.

Cheniere Energy Trading Up 2.4 %

Cheniere Energy stock traded up $5.16 during mid-day trading on Friday, hitting $220.57. The company's stock had a trading volume of 2,749,123 shares, compared to its average volume of 1,749,702. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The stock has a market cap of $49.33 billion, a price-to-earnings ratio of 15.50 and a beta of 0.94. The business has a 50 day moving average price of $225.15 and a 200-day moving average price of $206.54. Cheniere Energy, Inc. has a 12 month low of $152.88 and a 12 month high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $2.74 by $1.59. The business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. As a group, analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

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

Cheniere Energy 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.