Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Marshall Wace LLP

Marshall Wace LLP increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 2,027.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,814 shares of the energy company's stock after purchasing an additional 59,861 shares during the quarter. Marshall Wace LLP's holdings in Cheniere Energy were worth $13,497,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB raised its stake in shares of Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock worth $26,000 after buying an additional 75 shares in the last quarter. WR Wealth Planners LLC grew its stake in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after purchasing an additional 97 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cheniere Energy in the 4th quarter valued at about $29,000. Nemes Rush Group LLC lifted its stake in shares of Cheniere Energy by 2,022.2% in the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after purchasing an additional 182 shares during the period. Finally, Adirondack Trust Co. acquired a new position in Cheniere Energy during the fourth quarter worth about $43,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Cheniere Energy Trading Up 0.4 %

LNG stock traded up $0.96 during trading on Friday, reaching $233.23. 1,165,361 shares of the stock traded hands, compared to its average volume of 1,878,812. The business's 50 day moving average price is $221.59 and its 200-day moving average price is $216.03. The firm has a market capitalization of $51.97 billion, a PE ratio of 16.39 and a beta of 0.67. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. Cheniere Energy, Inc. has a 52-week low of $153.03 and a 52-week high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. As a group, sell-side analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.86%. Cheniere Energy's payout ratio is currently 14.05%.

Analysts Set New Price Targets

LNG has been the topic of a number of research reports. Morgan Stanley upped their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. TD Cowen boosted their price objective on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. UBS Group restated a "buy" rating and set a $277.00 target price on shares of Cheniere Energy in a report on Tuesday, March 18th. Raymond James reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a report on Wednesday. Finally, StockNews.com raised Cheniere Energy from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Fifteen equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $245.15.

Insiders Place Their Bets

In other news, Director G Andrea Botta sold 9,000 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.29% of the stock is owned by company insiders.

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.