Cheniere Energy, Inc. (NYSE:LNG) Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 9.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 168,451 shares of the energy company's stock after purchasing an additional 14,695 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.08% of Cheniere Energy worth $37,477,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Geneos Wealth Management Inc. lifted its position in shares of Cheniere Energy by 10.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company's stock valued at $99,000 after buying an additional 43 shares in the last quarter. Flagship Harbor Advisors LLC increased its position in Cheniere Energy by 2.0% during the 4th quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company's stock valued at $503,000 after purchasing an additional 46 shares during the period. Larson Financial Group LLC lifted its position in shares of Cheniere Energy by 1.7% during the fourth quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company's stock valued at $719,000 after buying an additional 55 shares during the last quarter. Parallel Advisors LLC raised its stake in Cheniere Energy by 0.8% in the fourth quarter. Parallel Advisors LLC now owns 7,043 shares of the energy company's stock valued at $1,513,000 after buying an additional 59 shares during the last quarter. Finally, Hourglass Capital LLC raised its stake in Cheniere Energy by 0.6% in the 4th quarter. Hourglass Capital LLC now owns 10,950 shares of the energy company's stock worth $2,353,000 after acquiring an additional 60 shares during the last quarter. Institutional investors own 87.26% of the company's stock.

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Insider Buying and Selling

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the business's stock in a transaction dated 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 sale, the director now owns 33,934 shares in the company, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.29% of the stock is owned by insiders.

Analyst Ratings Changes

LNG has been the subject of several research reports. Stifel Nicolaus upped their price objective 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. UBS Group reiterated a "buy" rating and issued a $277.00 price objective on shares of Cheniere Energy in a research report on Tuesday, March 18th. Mizuho raised their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Scotiabank restated an "outperform" rating on shares of Cheniere Energy in a report on Thursday, March 6th. Finally, StockNews.com upgraded Cheniere Energy from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $239.79.

Cheniere Energy Stock Performance

Shares of LNG traded down $0.80 during trading hours on Tuesday, hitting $230.60. The stock had a trading volume of 1,450,443 shares, compared to its average volume of 1,817,320. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The firm has a market capitalization of $51.58 billion, a PE ratio of 16.20 and a beta of 0.94. Cheniere Energy, Inc. has a 12 month low of $152.88 and a 12 month high of $257.65. The stock has a fifty day moving average price of $223.12 and a 200 day moving average price of $211.32.

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 (EPS) for the quarter, beating analysts' consensus estimates of $2.74 by $1.59. The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.87%. Cheniere Energy's 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.