Fox Run Management L.L.C. Increases Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Fox Run Management L.L.C. boosted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 85.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,923 shares of the energy company's stock after acquiring an additional 4,561 shares during the quarter. Cheniere Energy comprises 0.4% of Fox Run Management L.L.C.'s holdings, making the stock its 11th largest holding. Fox Run Management L.L.C.'s holdings in Cheniere Energy were worth $2,132,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LNG. KLP Kapitalforvaltning AS acquired a new position in shares of Cheniere Energy in the 4th quarter worth approximately $18,839,000. Knights of Columbus Asset Advisors LLC boosted its position in shares of Cheniere Energy by 49.2% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 4,470 shares of the energy company's stock worth $960,000 after buying an additional 1,475 shares during the period. AXQ Capital LP boosted its position in shares of Cheniere Energy by 29.0% during the fourth quarter. AXQ Capital LP now owns 2,874 shares of the energy company's stock worth $618,000 after buying an additional 646 shares during the period. Runnymede Capital Advisors Inc. acquired a new stake in shares of Cheniere Energy in the fourth quarter valued at $50,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Cheniere Energy in the 4th quarter valued at $4,096,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Insider Transactions at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction 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 owns 33,934 shares in the company, valued at $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.29% of the company's stock.

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Cheniere Energy Stock Down 1.4 %

Cheniere Energy stock traded down $3.37 during mid-day trading on Tuesday, hitting $230.22. The company had a trading volume of 755,111 shares, compared to its average volume of 1,746,549. The business has a fifty day moving average of $225.11 and a 200 day moving average of $209.50. Cheniere Energy, Inc. has a 1 year low of $152.88 and a 1 year high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The stock has a market cap of $51.49 billion, a price-to-earnings ratio of 16.18 and a beta of 0.94.

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 analysts' consensus estimates of $2.74 by $1.59. The business had revenue of $4.44 billion for the quarter, compared to analysts' expectations of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. On average, sell-side analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

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

Analyst Ratings Changes

LNG has been the subject of several research reports. Mizuho lifted their target price on Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. The Goldman Sachs Group lifted their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a "buy" rating in a report on Thursday, December 19th. Argus started coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 target price on the stock. Wells Fargo & Company boosted their price target 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, UBS Group reiterated a "buy" rating and issued a $277.00 price objective on shares of Cheniere Energy in a research note on Tuesday, March 18th. One investment analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price 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.