Duff & Phelps Investment Management Co. Sells 100,420 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Duff & Phelps Investment Management Co. lowered its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 14.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 604,812 shares of the energy company's stock after selling 100,420 shares during the period. Cheniere Energy comprises about 1.6% of Duff & Phelps Investment Management Co.'s investment portfolio, making the stock its 18th biggest holding. Duff & Phelps Investment Management Co. owned about 0.27% of Cheniere Energy worth $129,956,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LNG. Miracle Mile Advisors LLC bought a new stake in shares of Cheniere Energy in the 4th quarter worth approximately $2,127,000. Fractal Investments LLC boosted its holdings in shares of Cheniere Energy by 31.0% during the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock valued at $12,720,000 after acquiring an additional 14,000 shares during the period. Anderson Hoagland & Co. bought a new position in shares of Cheniere Energy during the fourth quarter worth about $2,460,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Cheniere Energy by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock worth $7,812,000 after acquiring an additional 8,756 shares during the period. Finally, Insight Wealth Strategies LLC acquired a new stake in shares of Cheniere Energy in the 4th quarter worth about $4,455,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the transaction, the director now owns 33,934 shares in the company, valued at $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.29% of the company's stock.

Cheniere Energy Stock Down 0.5 %

Shares of LNG stock traded down $1.24 on Tuesday, reaching $230.16. 455,146 shares of the company's stock traded hands, compared to its average volume of 1,813,531. The company has a market capitalization of $51.48 billion, a P/E ratio of 16.22 and a beta of 0.94. Cheniere Energy, Inc. has a 12-month low of $152.88 and a 12-month high of $257.65. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The business's 50 day moving average price is $223.12 and its two-hundred day moving average price is $211.32.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted 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 net margin of 20.71% and a return on equity of 37.19%. The business had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. On average, equities analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Barclays raised their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. Morgan Stanley lifted their price target on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. UBS Group restated a "buy" rating and issued a $277.00 price objective on shares of Cheniere Energy in a report on Tuesday, March 18th. Stifel Nicolaus lifted their target price on Cheniere Energy from $237.00 to $255.00 and gave the stock a "buy" rating in a report on Friday, February 21st. Finally, Argus started coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price target for the company. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to MarketBeat.com, Cheniere Energy currently has a consensus rating of "Moderate Buy" and a consensus 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.