Massachusetts Financial Services Co. MA Has $886.66 Million Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Massachusetts Financial Services Co. MA lifted its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 10.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,126,512 shares of the energy company's stock after acquiring an additional 379,142 shares during the period. Massachusetts Financial Services Co. MA owned 1.84% of Cheniere Energy worth $886,664,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Cheniere Energy during the fourth quarter valued at approximately $629,197,000. Wellington Management Group LLP boosted its holdings in shares of Cheniere Energy by 195.1% during the 3rd quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company's stock worth $755,410,000 after buying an additional 2,776,920 shares during the period. Ninety One UK Ltd grew its stake in Cheniere Energy by 1,400.7% in the 4th quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company's stock valued at $324,393,000 after buying an additional 1,409,116 shares during the last quarter. Two Sigma Advisers LP raised its holdings in Cheniere Energy by 328.2% in the 3rd quarter. Two Sigma Advisers LP now owns 894,600 shares of the energy company's stock worth $160,885,000 after acquiring an additional 685,662 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its position in Cheniere Energy by 61.2% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company's stock worth $357,638,000 after acquiring an additional 631,787 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

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Cheniere Energy Price Performance

NYSE LNG traded down $23.23 during trading on Friday, reaching $196.84. 4,977,313 shares of the company traded hands, compared to its average volume of 1,834,072. Cheniere Energy, Inc. has a 1-year low of $152.88 and a 1-year high of $257.65. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The stock's 50 day moving average price is $221.78 and its two-hundred day moving average price is $212.22. The company has a market cap of $44.03 billion, a price-to-earnings ratio of 13.83 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 earnings per share for the quarter, beating analysts' consensus estimates of $2.74 by $1.59. The firm had revenue of $4.44 billion for the quarter, compared to analysts' expectations 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 anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid 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 yield of 1.02%. Cheniere Energy's dividend payout ratio is 14.05%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Argus began coverage on Cheniere Energy in a research report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price target on the stock. 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. StockNews.com raised Cheniere Energy from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Stifel Nicolaus upped their target price on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Finally, The Goldman Sachs Group raised their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a "buy" rating in a research report on Thursday, December 19th. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat.com, Cheniere Energy presently has an average rating of "Moderate Buy" and an average target price of $239.79.

Insider Transactions at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction dated 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 transaction, the director now directly owns 33,934 shares of the company's stock, valued at $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company 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.