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Dimensional Fund Advisors LP Increases Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Cheniere Energy logo with Energy background

Dimensional Fund Advisors LP boosted its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,184,891 shares of the energy company's stock after buying an additional 59,281 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.97% of Cheniere Energy worth $469,448,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB raised its stake in shares of Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock worth $26,000 after purchasing an additional 75 shares during the last quarter. WR Wealth Planners LLC increased its stake in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after acquiring an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cheniere Energy in the 4th quarter worth $29,000. Nemes Rush Group LLC lifted its position in Cheniere Energy by 2,022.2% during the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after buying an additional 182 shares in the last quarter. Finally, Adirondack Trust Co. purchased a new stake in shares of Cheniere Energy during the 4th quarter valued at about $43,000. Institutional investors and hedge funds own 87.26% of the company's stock.

Cheniere Energy Price Performance

LNG stock traded down $1.59 during mid-day trading on Wednesday, hitting $228.21. 2,181,609 shares of the stock were exchanged, compared to its average volume of 1,884,366. The stock has a market capitalization of $50.85 billion, a price-to-earnings ratio of 16.04 and a beta of 0.67. Cheniere Energy, Inc. has a 12 month low of $153.03 and a 12 month high of $257.65. The business has a fifty day moving average price of $220.91 and a 200 day moving average price of $215.66. 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 (NYSE:LNG - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating 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 business had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. On average, sell-side analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy's dividend payout ratio is presently 14.05%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on LNG shares. StockNews.com raised shares of Cheniere Energy from a "hold" rating to a "buy" rating in a report on Friday, February 21st. 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. TD Cowen increased their price objective on Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a report on Monday, January 27th. Mizuho raised their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Finally, Morgan Stanley lifted their price target 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. Fifteen investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Cheniere Energy has a consensus rating of "Buy" and a consensus price target of $245.15.

View Our Latest Stock Analysis on Cheniere Energy

Insider Transactions at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the sale, the director now owns 33,934 shares of the company's stock, valued at $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.29% of the company's stock.

About Cheniere Energy

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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