Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by Natixis

Natixis raised its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 200.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,708 shares of the energy company's stock after acquiring an additional 5,146 shares during the quarter. Natixis' holdings in Cheniere Energy were worth $1,656,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in LNG. Miracle Mile Advisors LLC purchased a new stake in shares of Cheniere Energy during the fourth quarter valued at about $2,127,000. Fractal Investments LLC boosted its stake in Cheniere Energy by 31.0% in the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock valued at $12,720,000 after acquiring an additional 14,000 shares in the last quarter. Anderson Hoagland & Co. purchased a new position in Cheniere Energy in the fourth quarter worth $2,460,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in Cheniere Energy by 31.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock worth $7,812,000 after purchasing an additional 8,756 shares during the last quarter. Finally, Insight Wealth Strategies LLC acquired a new position in shares of Cheniere Energy during the fourth quarter worth $4,455,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director G Andrea Botta sold 9,000 shares of the firm's stock in a transaction dated 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 transaction, the director now directly owns 33,934 shares of the company's stock, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.26% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on LNG. Morgan Stanley upped their target price on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. TD Cowen boosted their target price 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. Argus started coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price target for the company. UBS Group reissued a "buy" rating and set a $277.00 price objective on shares of Cheniere Energy in a report on Tuesday, March 18th. Finally, Stifel Nicolaus reduced their target price on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research note on Tuesday. Fifteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $245.15.

Cheniere Energy Price Performance

LNG traded up $0.96 during trading on Friday, hitting $233.23. The company's stock had a trading volume of 1,169,657 shares, compared to its average volume of 1,880,481. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The firm has a market capitalization of $51.97 billion, a price-to-earnings ratio of 16.39 and a beta of 0.67. The business's fifty day simple moving average is $221.95 and its 200 day simple moving average is $216.35. Cheniere Energy, Inc. has a twelve month low of $153.03 and a twelve month high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating 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 business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. On average, equities research analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently announced 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 0.86%. Cheniere Energy's dividend payout ratio (DPR) is presently 14.05%.

Cheniere Energy 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.