Commonwealth of Pennsylvania Public School Empls Retrmt SYS Trims Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 2.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 349,693 shares of the energy company's stock after selling 9,606 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.16% of Cheniere Energy worth $75,139,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its holdings in shares of Cheniere Energy by 3.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 5,438,428 shares of the energy company's stock worth $978,047,000 after acquiring an additional 167,575 shares during the period. Wellington Management Group LLP boosted 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 purchasing an additional 2,776,920 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Cheniere Energy by 91.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company's stock valued at $673,927,000 after purchasing an additional 1,789,919 shares during the last quarter. Amundi increased its holdings in shares of Cheniere Energy by 19.9% during the 4th quarter. Amundi now owns 2,696,002 shares of the energy company's stock worth $606,907,000 after buying an additional 448,189 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Cheniere Energy by 11.0% during the 3rd 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 valued at $322,631,000 after buying an additional 178,318 shares during the period. 87.26% of the stock is owned by hedge funds and other institutional investors.

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Insider Buying and Selling at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the transaction, the director now 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 SEC, which is available at this hyperlink. 0.29% of the stock is currently owned by insiders.

Cheniere Energy Stock Up 3.1 %

Shares of Cheniere Energy stock traded up $6.98 during trading on Monday, hitting $233.81. 1,550,645 shares of the stock were exchanged, compared to its average volume of 1,746,643. The stock has a market cap of $52.30 billion, a price-to-earnings ratio of 16.43 and a beta of 0.94. The firm's 50-day moving average price is $225.11 and its 200 day moving average price is $209.50. 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 12-month low of $152.88 and a 12-month high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. As a group, analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid 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 dividend payout ratio is currently 14.05%.

Analysts Set New Price Targets

LNG has been the subject of several recent analyst reports. Argus started coverage on Cheniere Energy in a research note on Tuesday, March 18th. They set a "buy" rating and a $255.00 target price for the company. Stifel Nicolaus boosted their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a "buy" rating in a report on Friday, February 21st. Morgan Stanley increased their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Mizuho increased their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Finally, UBS Group reissued a "buy" rating and issued a $277.00 target price on shares of Cheniere Energy in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.