FIL Ltd Has $363.03 Million Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

FIL Ltd reduced its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 8.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,689,544 shares of the energy company's stock after selling 154,581 shares during the period. FIL Ltd owned about 0.75% of Cheniere Energy worth $363,032,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB lifted its position in shares of Cheniere Energy by 170.5% in 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 in the last quarter. WR Wealth Planners LLC lifted its position in Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after buying an additional 97 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cheniere Energy during the 4th quarter valued at $29,000. Nemes Rush Group LLC grew its holdings in shares of Cheniere Energy by 2,022.2% during the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after acquiring an additional 182 shares in the last quarter. Finally, Adirondack Trust Co. acquired a new position in shares of Cheniere Energy in the fourth quarter worth $43,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Stock Performance

Shares of NYSE LNG traded up $7.39 during mid-day trading on Friday, hitting $220.23. The company had a trading volume of 2,731,654 shares, compared to its average volume of 1,881,872. Cheniere Energy, Inc. has a 12 month low of $152.88 and a 12 month high of $257.65. The firm has a market cap of $49.26 billion, a P/E ratio of 15.48 and a beta of 0.67. The business's 50-day simple moving average is $219.56 and its 200-day simple moving average is $213.47. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98.

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Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. As a group, analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy's dividend payout ratio (DPR) is presently 14.05%.

Wall Street Analyst Weigh In

LNG has been the subject of a number of research reports. Morgan Stanley lifted their price objective on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Mizuho lifted their price target on Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Argus started coverage on Cheniere Energy in a report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price objective on the stock. Barclays lifted their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Finally, TD Cowen raised their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a report on Monday, January 27th. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, Cheniere Energy currently has an average rating of "Moderate Buy" and a consensus target price of $239.79.

Insider Activity

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy 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 sale, the director now directly owns 33,934 shares of the company's stock, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.29% of the company's stock.

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.