Natixis Advisors LLC Has $12.21 Million Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Natixis Advisors LLC boosted its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 134.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,907 shares of the energy company's stock after purchasing an additional 38,976 shares during the quarter. Natixis Advisors LLC's holdings in Cheniere Energy were worth $12,212,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Crewe Advisors LLC bought a new position in shares of Cheniere Energy during the first quarter worth $26,000. MCF Advisors LLC bought a new stake in shares of Cheniere Energy in the second quarter worth about $26,000. Lynx Investment Advisory bought a new stake in shares of Cheniere Energy in the second quarter worth about $27,000. Carolinas Wealth Consulting LLC lifted its holdings in shares of Cheniere Energy by 5,000.0% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company's stock valued at $27,000 after purchasing an additional 150 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Cheniere Energy in the 3rd quarter valued at approximately $27,000. Institutional investors own 87.26% of the company's stock.

Wall Street Analysts Forecast Growth

LNG has been the topic of several research analyst reports. Stifel Nicolaus dropped their target price on shares of Cheniere Energy from $208.00 to $204.00 and set a "buy" rating on the stock in a report on Friday, August 9th. TD Cowen boosted their price objective on shares of Cheniere Energy from $192.00 to $202.00 and gave the company a "buy" rating in a research report on Tuesday, November 5th. UBS Group increased their target price on Cheniere Energy from $232.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Barclays lifted their price target on Cheniere Energy from $199.00 to $202.00 and gave the company an "overweight" rating in a research note on Tuesday, October 15th. Finally, Royal Bank of Canada upped their price objective on Cheniere Energy from $201.00 to $217.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Cheniere Energy has an average rating of "Moderate Buy" and an average price target of $208.44.

Cheniere Energy Stock Performance

NYSE LNG opened at $220.78 on Thursday. The firm has a 50-day moving average price of $190.10 and a two-hundred day moving average price of $177.81. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $220.79. The company has a market capitalization of $49.54 billion, a P/E ratio of 14.10 and a beta of 0.94. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 EPS for the quarter, beating the consensus estimate of $1.87 by $2.06. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The business had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. During the same period in the previous year, the business earned $2.37 earnings per share. The company's revenue was down 9.5% on a year-over-year basis. Analysts anticipate that Cheniere Energy, Inc. will post 11.26 earnings per share for the current year.

Cheniere Energy Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Friday, November 8th. Cheniere Energy's dividend payout ratio is currently 12.77%.

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.