Invesco Ltd. Buys 450,031 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Invesco Ltd. grew its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 16.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,237,303 shares of the energy company's stock after purchasing an additional 450,031 shares during the period. Invesco Ltd. owned about 1.44% of Cheniere Energy worth $695,599,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on LNG shares. 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. TD Cowen lifted their target price on Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a research note on Monday, January 27th. StockNews.com upgraded Cheniere Energy from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Morgan Stanley raised their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Finally, Stifel Nicolaus boosted their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a "buy" rating in a research report on Friday, February 21st. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, Cheniere Energy currently has an average rating of "Moderate Buy" and an average price target of $239.79.

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Insider Buying and Selling at Cheniere Energy

In other 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 value of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares of the company's stock, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.29% of the company's stock.

Cheniere Energy Stock Up 3.5 %

Shares of NYSE LNG traded up $7.39 during mid-day trading on Friday, reaching $220.23. 2,731,654 shares of the company traded hands, compared to its average volume of 1,881,898. The company's fifty day moving average is $219.56 and its two-hundred day moving average is $213.72. 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, Inc. has a fifty-two week low of $152.88 and a fifty-two week high of $257.65. The stock has a market cap of $49.26 billion, a PE ratio of 15.48 and a beta of 0.67.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $4.44 billion. On average, analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy's dividend payout ratio is 14.05%.

About Cheniere Energy

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.