Cheniere Energy, Inc. (NYSE:LNG) is Chickasaw Capital Management LLC's 9th Largest Position

Chickasaw Capital Management LLC cut its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 535,451 shares of the energy company's stock after selling 7,697 shares during the quarter. Cheniere Energy makes up approximately 4.7% of Chickasaw Capital Management LLC's portfolio, making the stock its 9th largest holding. Chickasaw Capital Management LLC owned approximately 0.24% of Cheniere Energy worth $115,052,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP raised its holdings in Cheniere Energy by 195.1% in the 3rd quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company's stock valued at $755,410,000 after acquiring an additional 2,776,920 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Cheniere Energy by 1,490.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,957,451 shares of the energy company's stock worth $342,221,000 after buying an additional 1,834,347 shares in the last quarter. Two Sigma Advisers LP boosted its stake in Cheniere Energy by 328.2% during the third quarter. Two Sigma Advisers LP now owns 894,600 shares of the energy company's stock worth $160,885,000 after buying an additional 685,662 shares during the last quarter. Darlington Partners Capital Management LP grew its holdings in Cheniere Energy by 74.6% in the 2nd quarter. Darlington Partners Capital Management LP now owns 1,514,155 shares of the energy company's stock valued at $264,720,000 after buying an additional 647,096 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Cheniere Energy by 8.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,270,853 shares of the energy company's stock worth $921,503,000 after acquiring an additional 413,744 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on LNG shares. UBS Group boosted their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Barclays increased their price target on shares of Cheniere Energy from $199.00 to $202.00 and gave the company an "overweight" rating in a research note on Tuesday, October 15th. Wells Fargo & Company lifted their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an "overweight" rating in a research report on Wednesday, December 18th. TD Cowen raised their target price on Cheniere Energy from $202.00 to $242.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Finally, The Goldman Sachs Group upped their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a "buy" rating in a research note on Thursday, December 19th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $225.00.

Cheniere Energy Stock Down 0.1 %

Shares of LNG traded down $0.32 during mid-day trading on Tuesday, hitting $223.59. 1,074,163 shares of the company's stock were exchanged, compared to its average volume of 1,519,638. The stock's 50-day moving average is $211.88 and its 200-day moving average is $191.52. 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 fifty-two week low of $152.31 and a fifty-two week high of $228.10. The company has a market cap of $50.17 billion, a price-to-earnings ratio of 14.28 and a beta of 0.99.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 EPS for the quarter, beating the consensus estimate of $1.87 by $2.06. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The company had revenue of $3.76 billion during the quarter, compared to analysts' expectations of $3.76 billion. During the same quarter last year, the company posted $2.37 EPS. The firm's revenue was down 9.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Cheniere Energy, Inc. will post 11.25 earnings per share for the current fiscal year.

Cheniere Energy Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.00 annualized dividend and a yield of 0.89%. Cheniere Energy's dividend payout ratio (DPR) is 12.77%.

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.