Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH cut its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 9.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,761 shares of the energy company's stock after selling 3,830 shares during the period. Fort Washington Investment Advisors Inc. OH's holdings in Cheniere Energy were worth $7,899,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in LNG. The Manufacturers Life Insurance Company boosted its stake in shares of Cheniere Energy by 3.2% in the third quarter. The Manufacturers Life Insurance Company now owns 5,438,428 shares of the energy company's stock worth $978,047,000 after buying an additional 167,575 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Cheniere Energy by 195.1% in the third 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 period. Massachusetts Financial Services Co. MA boosted its position 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 worth $673,927,000 after purchasing an additional 1,789,919 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake 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 worth $322,631,000 after purchasing an additional 178,318 shares during the period. Finally, Darlington Partners Capital Management LP increased its holdings in shares of Cheniere Energy by 74.6% during 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 purchasing an additional 647,096 shares in the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Price Performance

Shares of NYSE:LNG traded up $1.00 during midday trading on Thursday, hitting $234.36. The company's stock had a trading volume of 2,101,928 shares, compared to its average volume of 2,290,662. The company has a market cap of $52.58 billion, a P/E ratio of 14.97 and a beta of 0.99. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $257.65. The business's 50 day simple moving average is $221.70 and its 200 day simple moving average is $196.97. 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 (NYSE:LNG - Get Free Report) last released its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, topping analysts' consensus estimates of $1.87 by $2.06. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The business had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same period last year, the company posted $2.37 EPS. The business's revenue was down 9.5% on a year-over-year basis. On average, analysts forecast that Cheniere Energy, Inc. will post 12.67 EPS for the current year.

Cheniere Energy Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date was Friday, November 8th. Cheniere Energy's dividend payout ratio (DPR) is presently 12.77%.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Royal Bank of Canada increased their price target on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an "outperform" rating in a report on Wednesday, October 16th. UBS Group raised their target price on Cheniere Energy from $232.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, November 15th. TD Cowen upped their price target on Cheniere Energy from $202.00 to $242.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Scotiabank raised their price objective on Cheniere Energy from $242.00 to $247.00 and gave the company a "sector outperform" rating in a report on Tuesday. Finally, Stifel Nicolaus upped their target price on Cheniere Energy from $204.00 to $237.00 and gave the stock a "buy" rating in a research note on Wednesday, December 4th. Two analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $231.64.

Cheniere Energy 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.