Boston Partners Lowers Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Boston Partners decreased its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 78.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,522 shares of the energy company's stock after selling 23,945 shares during the quarter. Boston Partners' holdings in Cheniere Energy were worth $1,401,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in LNG. MassMutual Private Wealth & Trust FSB grew its position 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 valued at $26,000 after buying an additional 75 shares during the period. WR Wealth Planners LLC grew its position in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after acquiring an additional 97 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cheniere Energy in the 4th quarter valued at about $29,000. Adirondack Trust Co. acquired a new position in Cheniere Energy in the 4th quarter worth about $43,000. Finally, SBI Securities Co. Ltd. purchased a new position in Cheniere Energy during the fourth quarter worth approximately $46,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director G Andrea Botta sold 9,000 shares of the company's stock in a transaction that occurred on 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 transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.29% of the company's stock.

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Cheniere Energy Trading Up 0.2 %

Cheniere Energy stock traded up $0.38 during trading on Wednesday, reaching $232.38. 1,191,437 shares of the company were exchanged, compared to its average volume of 1,745,659. The stock's 50 day simple moving average is $224.89 and its two-hundred day simple moving average is $209.86. The company has a market capitalization of $51.97 billion, a P/E ratio of 16.33 and a beta of 0.94. 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, 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 posted its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS 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 business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. On average, equities research analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.86%. Cheniere Energy's payout ratio is 14.05%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on LNG shares. Barclays boosted their price objective on Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. UBS Group reissued a "buy" rating and issued a $277.00 price target on shares of Cheniere Energy in a report on Tuesday, March 18th. Morgan Stanley increased their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Wells Fargo & Company boosted their target price on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 18th. Finally, StockNews.com raised shares of Cheniere Energy from a "hold" rating to 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 given a buy rating to the stock. Based on data from MarketBeat, Cheniere Energy has a consensus rating of "Moderate Buy" and a consensus price target of $239.79.

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.