Cheniere Energy, Inc. (NYSE:LNG) Stake Lessened by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 53,622 shares of the energy company's stock after selling 3,736 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Cheniere Energy were worth $11,514,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of LNG. MassMutual Private Wealth & Trust FSB raised its stake in Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock worth $26,000 after acquiring an additional 75 shares during the period. WR Wealth Planners LLC grew its holdings in shares of Cheniere Energy by 373.1% during the fourth 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 last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cheniere Energy during the 4th quarter worth approximately $29,000. Adirondack Trust Co. bought a new stake in shares of Cheniere Energy in the 4th quarter worth approximately $43,000. Finally, SBI Securities Co. Ltd. acquired a new position in Cheniere Energy during the 4th quarter valued at approximately $46,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Morgan Stanley raised their target price on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. TD Cowen boosted 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 initiated coverage on shares of Cheniere Energy in a research report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 target price for the company. Scotiabank reiterated an "outperform" rating on shares of Cheniere Energy in a research report on Thursday, March 6th. Finally, StockNews.com raised Cheniere Energy from a "hold" rating to a "buy" rating in a report on Friday, February 21st. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat, Cheniere Energy presently has an average rating of "Moderate Buy" and an average target price of $239.79.

Remove Ads

Cheniere Energy Price Performance

Shares of NYSE:LNG traded down $0.80 during trading hours on Tuesday, hitting $230.60. 1,450,443 shares of the company's stock traded hands, compared to its average volume of 1,817,525. The company's fifty day simple moving average is $222.74 and its two-hundred day simple moving average is $211.68. The company has a market cap of $51.58 billion, a price-to-earnings ratio of 16.20 and a beta of 0.94. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a 52 week low of $152.88 and a 52 week high of $257.65.

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 analysts' consensus estimates of $2.74 by $1.59. The firm had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. As a group, equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy's payout ratio is 14.05%.

Insider Transactions at Cheniere Energy

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 transaction of $1,975,590.00. Following the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.29% of the stock is owned by insiders.

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.