Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC boosted its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 7.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,592 shares of the energy company's stock after acquiring an additional 3,468 shares during the period. MML Investors Services LLC's holdings in Cheniere Energy were worth $11,086,000 as of its most recent SEC filing.

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

Insider Activity at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction dated Thursday, February 27th. The shares were 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. This represents a 20.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.26% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on LNG shares. Barclays raised their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. TD Cowen lifted their price objective on Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a report on Monday, January 27th. Argus started coverage on Cheniere Energy in a research note on Tuesday, March 18th. They set a "buy" rating and a $255.00 target price for the company. Mizuho raised 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. Finally, Stifel Nicolaus dropped their price objective on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a report on Tuesday. Fifteen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $245.15.

Cheniere Energy Price Performance

Cheniere Energy stock traded up $0.96 during mid-day trading on Friday, hitting $233.23. 1,169,657 shares of the company were exchanged, compared to its average volume of 1,880,481. Cheniere Energy, Inc. has a 12-month low of $153.03 and a 12-month high of $257.65. The company has a market capitalization of $51.97 billion, a P/E ratio of 16.39 and a beta of 0.67. The business's 50 day simple moving average is $221.95 and its two-hundred day simple moving average is $216.35. 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 (NYSE:LNG - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping analysts' consensus estimates of $2.74 by $1.59. The firm had revenue of $4.44 billion during 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%. Analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

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

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.