Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Meitav Investment House Ltd.

Meitav Investment House Ltd. reduced its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 33.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 95,500 shares of the energy company's stock after selling 49,000 shares during the quarter. Meitav Investment House Ltd.'s holdings in Cheniere Energy were worth $20,503,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company lifted its position in Cheniere Energy by 3.2% in the third quarter. The Manufacturers Life Insurance Company now owns 5,438,428 shares of the energy company's stock worth $978,047,000 after buying an additional 167,575 shares during the last quarter. Wellington Management Group LLP lifted its position in Cheniere Energy by 195.1% in the third quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company's stock worth $755,410,000 after buying an additional 2,776,920 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Cheniere Energy by 91.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company's stock worth $673,927,000 after buying an additional 1,789,919 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Cheniere Energy by 11.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,793,989 shares of the energy company's stock worth $322,631,000 after buying an additional 178,318 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its position in Cheniere Energy by 61.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company's stock worth $357,638,000 after buying an additional 631,787 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Stock Down 2.7 %

Shares of Cheniere Energy stock traded down $6.02 during trading on Friday, hitting $220.90. 2,487,404 shares of the stock traded hands, compared to its average volume of 2,424,408. The firm has a market cap of $49.56 billion, a P/E ratio of 14.11 and a beta of 0.98. 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, Inc. has a 52-week low of $152.31 and a 52-week high of $257.65. The stock's fifty day simple moving average is $222.92 and its 200 day simple moving average is $203.27.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping analysts' consensus estimates of $2.74 by $1.59. The business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. On average, equities analysts predict that Cheniere Energy, Inc. will post 12.77 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.91%. Cheniere Energy's payout ratio is 12.77%.

Analyst Ratings Changes

Several analysts have recently weighed in on LNG shares. Wells Fargo & Company lifted their target price on Cheniere Energy from $213.00 to $235.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. TD Cowen lifted their target price on Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. Morgan Stanley lifted their target price on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Stifel Nicolaus lifted their target price on Cheniere Energy from $237.00 to $255.00 and gave the stock a "buy" rating in a research report on Friday. Finally, Scotiabank lifted their target price on Cheniere Energy from $242.00 to $247.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, Cheniere Energy has an average rating of "Moderate Buy" and a consensus target price of $235.75.

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.