Ossiam Boosts Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Ossiam lifted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 270.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,346 shares of the energy company's stock after buying an additional 45,508 shares during the quarter. Ossiam's holdings in Cheniere Energy were worth $13,396,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Aldebaran Financial Inc. lifted its position in Cheniere Energy by 26.1% in the third quarter. Aldebaran Financial Inc. now owns 5,195 shares of the energy company's stock valued at $934,000 after acquiring an additional 1,076 shares during the last quarter. World Investment Advisors LLC acquired a new stake in shares of Cheniere Energy during the third quarter worth about $225,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Cheniere Energy in the 3rd quarter valued at about $159,000. Castellan Group acquired a new stake in shares of Cheniere Energy in the 3rd quarter valued at about $5,515,000. Finally, Versant Capital Management Inc boosted its position in shares of Cheniere Energy by 75.3% in the 4th quarter. Versant Capital Management Inc now owns 533 shares of the energy company's stock valued at $115,000 after purchasing an additional 229 shares during the period. Institutional investors and hedge funds own 87.26% of the company's stock.

Insider Activity at Cheniere Energy

In other Cheniere Energy 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 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 approximately $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.29% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on LNG. TD Cowen boosted their price objective on Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a research note on Monday, January 27th. UBS Group reiterated a "buy" rating and issued a $277.00 price target on shares of Cheniere Energy in a research report on Tuesday, March 18th. Barclays raised their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Stifel Nicolaus reduced their target price on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a report on Tuesday. Finally, StockNews.com upgraded shares of Cheniere Energy from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Fifteen investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Cheniere Energy has an average rating of "Buy" and a consensus target price of $245.15.

Cheniere Energy Stock Performance

NYSE LNG traded down $1.59 on Wednesday, hitting $228.21. 2,181,609 shares of the company's stock were exchanged, compared to its average volume of 1,884,364. The firm has a market cap of $50.85 billion, a price-to-earnings ratio of 16.04 and a beta of 0.67. The firm's 50-day moving average price is $220.91 and its two-hundred day moving average price is $215.66. Cheniere Energy, Inc. has a fifty-two week low of $153.03 and a fifty-two week high of $257.65. 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 announced its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping analysts' consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. On average, research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.88%. Cheniere Energy's dividend payout ratio is presently 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.