Corient Private Wealth LLC Boosts Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Corient Private Wealth LLC boosted its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 2.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 48,098 shares of the energy company's stock after purchasing an additional 1,208 shares during the quarter. Corient Private Wealth LLC's holdings in Cheniere Energy were worth $10,335,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Ninepoint Partners LP grew its position in Cheniere Energy by 18.6% during the 4th quarter. Ninepoint Partners LP now owns 6,753 shares of the energy company's stock valued at $1,451,000 after purchasing an additional 1,057 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Cheniere Energy by 9.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,019 shares of the energy company's stock valued at $1,293,000 after acquiring an additional 519 shares during the period. Natixis Advisors LLC lifted its stake in Cheniere Energy by 22.0% during the 4th quarter. Natixis Advisors LLC now owns 82,835 shares of the energy company's stock valued at $17,799,000 after acquiring an additional 14,928 shares during the period. Clearstead Trust LLC lifted its stake in Cheniere Energy by 84.1% during the 4th quarter. Clearstead Trust LLC now owns 3,681 shares of the energy company's stock valued at $791,000 after acquiring an additional 1,681 shares during the period. Finally, Catalyst Funds Management Pty Ltd bought a new position in Cheniere Energy during the 4th quarter valued at about $5,028,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were 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 of the company's stock, valued at $7,448,852.34. This trade represents a 20.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.29% of the company's stock.

Cheniere Energy Stock Performance

Cheniere Energy stock traded down $2.99 during midday trading on Friday, hitting $227.24. The stock had a trading volume of 2,394,650 shares, compared to its average volume of 1,747,428. The firm's fifty day moving average is $225.03 and its two-hundred day moving average is $208.94. The company has a market capitalization of $50.83 billion, a PE ratio of 15.97 and a beta of 0.94. Cheniere Energy, Inc. has a 52-week low of $152.88 and a 52-week high of $257.65. 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 (NYSE:LNG - Get Free Report) last released its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $1.59. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. On average, research analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date was Friday, February 7th. Cheniere Energy's dividend payout ratio (DPR) is currently 14.05%.

Analysts Set New Price Targets

Several research firms have issued reports on LNG. Barclays upped their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Scotiabank restated an "outperform" rating on shares of Cheniere Energy in a research note on Thursday, March 6th. TD Cowen upped their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a research note on Monday, January 27th. Argus began coverage on shares of Cheniere Energy in a research note on Tuesday, March 18th. They set a "buy" rating and a $255.00 target price on the stock. Finally, Stifel Nicolaus upped their target price on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a "buy" rating in a research note on Friday, February 21st. One research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, Cheniere Energy has a consensus rating of "Moderate Buy" and an average price target of $239.79.

Cheniere Energy Company 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.