Cheniere Energy, Inc. (NYSE:LNG) is Horizon Kinetics Asset Management LLC's 9th Largest Position

Horizon Kinetics Asset Management LLC increased its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 489,305 shares of the energy company's stock after purchasing an additional 20,541 shares during the period. Cheniere Energy makes up 1.3% of Horizon Kinetics Asset Management LLC's holdings, making the stock its 9th biggest position. Horizon Kinetics Asset Management LLC owned approximately 0.22% of Cheniere Energy worth $105,137,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LNG. Harbour Investments Inc. grew its position in Cheniere Energy by 7.4% during the 3rd quarter. Harbour Investments Inc. now owns 1,194 shares of the energy company's stock worth $215,000 after purchasing an additional 82 shares during the period. GSA Capital Partners LLP purchased a new stake in shares of Cheniere Energy in the third quarter worth about $851,000. Victory Capital Management Inc. grew its holdings in Cheniere Energy by 2.5% during the third quarter. Victory Capital Management Inc. now owns 113,635 shares of the energy company's stock worth $20,436,000 after acquiring an additional 2,768 shares during the period. Huntington National Bank raised its position in Cheniere Energy by 2.6% during the third quarter. Huntington National Bank now owns 3,571 shares of the energy company's stock valued at $642,000 after acquiring an additional 89 shares in the last quarter. Finally, KBC Group NV lifted its holdings in Cheniere Energy by 0.8% in the third quarter. KBC Group NV now owns 69,900 shares of the energy company's stock valued at $12,571,000 after acquiring an additional 560 shares during the period. 87.26% of the stock is currently owned by institutional investors and hedge funds.

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Cheniere Energy Price Performance

Shares of NYSE LNG traded down $2.99 during midday trading on Friday, hitting $227.24. The stock had a trading volume of 2,394,650 shares, compared to its average volume of 1,746,462. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The stock has a 50 day simple moving average of $224.99 and a 200-day simple moving average of $208.46. The company has a market capitalization of $50.83 billion, a PE ratio of 15.97 and a beta of 0.94. Cheniere Energy, Inc. has a 1 year low of $152.88 and a 1 year high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share 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 company had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. On average, sell-side analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on LNG shares. Argus started coverage on shares of Cheniere Energy in a research note on Tuesday. They set a "buy" rating and a $255.00 price objective on the stock. Mizuho raised their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research report on Tuesday. Barclays lifted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a report on Thursday, January 16th. Stifel Nicolaus increased their target price on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a "buy" rating in a research note on Friday, February 21st. Finally, Scotiabank restated an "outperform" rating on shares of Cheniere Energy in a research note on Thursday, March 6th. One research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $239.79.

Insider Activity at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the business's 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 directly owns 33,934 shares in the company, valued at $7,448,852.34. The trade was a 20.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.29% of the stock is owned by corporate insiders.

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.