Atria Investments Inc Has $3.83 Million Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Atria Investments Inc lifted its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 15.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,816 shares of the energy company's stock after buying an additional 2,343 shares during the quarter. Atria Investments Inc's holdings in Cheniere Energy were worth $3,828,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LNG. Miracle Mile Advisors LLC bought a new position in Cheniere Energy in the 4th quarter worth about $2,127,000. Fractal Investments LLC increased its holdings in Cheniere Energy by 31.0% in the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock worth $12,720,000 after acquiring an additional 14,000 shares in the last quarter. Anderson Hoagland & Co. purchased a new stake in Cheniere Energy in the 4th quarter worth approximately $2,460,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Cheniere Energy by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock worth $7,812,000 after acquiring an additional 8,756 shares in the last quarter. Finally, Insight Wealth Strategies LLC purchased a new stake in Cheniere Energy in the 4th quarter worth approximately $4,455,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Cheniere Energy

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 transaction of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.29% of the company's stock.

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Cheniere Energy Price Performance

LNG traded up $5.16 during trading on Friday, reaching $220.57. 2,749,123 shares of the stock were exchanged, compared to its average volume of 1,749,702. Cheniere Energy, Inc. has a 1 year low of $152.88 and a 1 year high of $257.65. The company has a market capitalization of $49.33 billion, a price-to-earnings ratio of 15.50 and a beta of 0.94. The business's 50 day moving average price is $225.15 and its two-hundred day moving average price is $206.37. 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:LNG - Get Free Report) last issued its 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. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. As a group, equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

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

Analyst Ratings Changes

LNG has been the subject of a number of research analyst reports. StockNews.com raised shares of Cheniere Energy from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Scotiabank increased their target price on Cheniere Energy from $247.00 to $254.00 and gave the company a "sector outperform" rating in a research report on Thursday. Stifel Nicolaus raised their price target on Cheniere Energy from $237.00 to $255.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. The Goldman Sachs Group raised their price target on Cheniere Energy from $234.00 to $261.00 and gave the stock a "buy" rating in a research report on Thursday, December 19th. Finally, Wells Fargo & Company lifted their target price on Cheniere Energy from $213.00 to $235.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $236.33.

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.