Bessemer Group Inc. Has $8.03 Million Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Bessemer Group Inc. lifted its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,378 shares of the energy company's stock after purchasing an additional 1,359 shares during the quarter. Bessemer Group Inc.'s holdings in Cheniere Energy were worth $8,032,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB grew its position 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 lifted its stake in shares of Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after acquiring an additional 97 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in shares of Cheniere Energy in the fourth quarter valued at approximately $29,000. Nemes Rush Group LLC increased its stake in shares of Cheniere Energy by 2,022.2% during the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after acquiring an additional 182 shares during the period. Finally, Adirondack Trust Co. bought a new stake in Cheniere Energy during the fourth quarter worth approximately $43,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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 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 owns 33,934 shares of the company's stock, valued at $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.29% of the stock is currently owned by corporate insiders.

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Cheniere Energy Stock Up 2.5 %

Shares of NYSE:LNG traded up $5.48 during trading on Tuesday, reaching $227.13. 1,749,317 shares of the company traded hands, compared to its average volume of 1,881,570. Cheniere Energy, Inc. has a 1-year low of $152.88 and a 1-year high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The firm has a market cap of $50.61 billion, a P/E ratio of 15.96 and a beta of 0.67. The firm has a fifty day simple moving average of $219.38 and a 200 day simple moving average of $214.02.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.44 billion. Analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.88%. The ex-dividend date was Friday, February 7th. Cheniere Energy's payout ratio is presently 14.05%.

Analyst Ratings Changes

A number of brokerages have issued reports on LNG. Argus initiated coverage on Cheniere Energy in a research note on Tuesday, March 18th. They set a "buy" rating and a $255.00 price target for the company. Barclays lifted their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. The Goldman Sachs Group raised their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a "buy" rating in a research report on Thursday, December 19th. Stifel Nicolaus boosted their target price on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Finally, TD Cowen raised their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a report on Monday, January 27th. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat, Cheniere Energy presently has a consensus rating of "Moderate Buy" and a consensus target price of $239.79.

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.