Huber Capital Management LLC Has $9.77 Million Position in Cheniere Energy, Inc. (NYSE:LNG)

Huber Capital Management LLC trimmed its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 16.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 45,460 shares of the energy company's stock after selling 8,860 shares during the quarter. Cheniere Energy comprises 1.9% of Huber Capital Management LLC's portfolio, making the stock its 21st largest position. Huber Capital Management LLC's holdings in Cheniere Energy were worth $9,768,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Arete Wealth Advisors LLC lifted its stake in shares of Cheniere Energy by 8.7% in the 4th quarter. Arete Wealth Advisors LLC now owns 1,248 shares of the energy company's stock worth $268,000 after acquiring an additional 100 shares during the period. World Investment Advisors boosted its stake in Cheniere Energy by 115.0% during the 4th quarter. World Investment Advisors now owns 2,685 shares of the energy company's stock valued at $577,000 after purchasing an additional 1,436 shares in the last quarter. Westpac Banking Corp bought a new position in Cheniere Energy during the 4th quarter valued at $72,000. Disciplined Investors L.L.C. acquired a new position in shares of Cheniere Energy during the 4th quarter valued at $206,000. Finally, SevenBridge Financial Group LLC raised its stake in shares of Cheniere Energy by 15.4% in the 4th quarter. SevenBridge Financial Group LLC now owns 1,096 shares of the energy company's stock worth $240,000 after buying an additional 146 shares in the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

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Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company's stock in a transaction dated 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 in the company, valued at $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 Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.29% of the company's stock.

Cheniere Energy Stock Up 3.4 %

Shares of NYSE LNG traded up $6.79 during trading hours on Tuesday, hitting $208.99. The stock had a trading volume of 1,880,381 shares, compared to its average volume of 1,845,510. The firm's 50-day moving average price is $221.34 and its two-hundred day moving average price is $212.58. Cheniere Energy, Inc. has a 52 week low of $152.88 and a 52 week high of $257.65. The company has a market capitalization of $46.74 billion, a P/E ratio of 14.68 and a beta of 0.67. 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 (NYSE:LNG - Get Free Report) last posted its 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 net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

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. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.96%. Cheniere Energy's dividend payout ratio (DPR) is currently 14.05%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Scotiabank reaffirmed an "outperform" rating on shares of Cheniere Energy in a report on Thursday, March 6th. Barclays increased 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. Morgan Stanley upped their target price on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, January 31st. The Goldman Sachs Group lifted their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a "buy" rating in a research report on Thursday, December 19th. Finally, TD Cowen raised their price objective on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price 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.