B. Metzler seel. Sohn & Co. Holding AG Takes $10.32 Million Position in Cheniere Energy, Inc. (NYSE:LNG)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 57,358 shares of the energy company's stock, valued at approximately $10,315,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LNG. Crewe Advisors LLC acquired a new stake in Cheniere Energy during the 1st quarter worth $26,000. MCF Advisors LLC purchased a new stake in Cheniere Energy during the second quarter worth about $26,000. Lynx Investment Advisory purchased a new stake in shares of Cheniere Energy during the second quarter worth approximately $27,000. Carolinas Wealth Consulting LLC increased its stake in shares of Cheniere Energy by 5,000.0% during the second quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company's stock worth $27,000 after buying an additional 150 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC acquired a new position in Cheniere Energy in the third quarter valued at approximately $27,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on LNG shares. TD Cowen increased their price target on Cheniere Energy from $192.00 to $202.00 and gave the stock a "buy" rating in a report on Tuesday, November 5th. Bank of America assumed coverage on Cheniere Energy in a research report on Thursday, October 17th. They set a "buy" rating and a $215.00 price objective for the company. Stifel Nicolaus decreased their price target on Cheniere Energy from $208.00 to $204.00 and set a "buy" rating on the stock in a research note on Friday, August 9th. UBS Group raised their price target on Cheniere Energy from $232.00 to $265.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. Finally, Royal Bank of Canada lifted their price objective on Cheniere Energy from $201.00 to $217.00 and gave the company an "outperform" rating in a research note on Wednesday, October 16th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $208.44.

Cheniere Energy Stock Up 0.3 %

LNG stock traded up $0.74 during midday trading on Wednesday, hitting $220.78. 1,525,613 shares of the company's stock were exchanged, compared to its average volume of 1,782,514. The stock has a market capitalization of $49.54 billion, a price-to-earnings ratio of 14.10 and a beta of 0.94. The firm has a 50 day moving average price of $190.10 and a 200-day moving average price of $177.81. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $220.79.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $2.06. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The company had revenue of $3.76 billion during the quarter, compared to analysts' expectations of $3.76 billion. During the same quarter in the prior year, the business posted $2.37 earnings per share. The company's revenue for the quarter was down 9.5% compared to the same quarter last year. On average, analysts anticipate that Cheniere Energy, Inc. will post 11.26 EPS for the current year.

Cheniere Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.00 annualized dividend and a dividend yield of 0.91%. Cheniere Energy's payout ratio is 12.77%.

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.