Quantinno Capital Management LP Increases Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Quantinno Capital Management LP grew its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 26.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,800 shares of the energy company's stock after purchasing an additional 3,124 shares during the quarter. Quantinno Capital Management LP's holdings in Cheniere Energy were worth $2,662,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Octavia Wealth Advisors LLC increased its position in Cheniere Energy by 3.7% in the third quarter. Octavia Wealth Advisors LLC now owns 1,498 shares of the energy company's stock worth $269,000 after buying an additional 54 shares in the last quarter. MAI Capital Management increased its stake in shares of Cheniere Energy by 1.5% in the third quarter. MAI Capital Management now owns 4,204 shares of the energy company's stock worth $756,000 after purchasing an additional 62 shares in the last quarter. Sapient Capital LLC increased its stake in Cheniere Energy by 0.9% in the 3rd quarter. Sapient Capital LLC now owns 7,514 shares of the energy company's stock worth $1,351,000 after buying an additional 67 shares in the last quarter. Capital Advisors Ltd. LLC grew its position in shares of Cheniere Energy by 57.6% during the second quarter. Capital Advisors Ltd. LLC now owns 186 shares of the energy company's stock worth $33,000 after purchasing an additional 68 shares in the last quarter. Finally, Quarry LP boosted its stake in Cheniere Energy by 7.6% in the 3rd quarter. Quarry LP now owns 1,057 shares of the energy company's stock worth $190,000 after purchasing an additional 75 shares during the period. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Stock Performance

Shares of NYSE LNG traded down $0.80 during trading on Tuesday, reaching $213.49. 802,126 shares of the company traded hands, compared to its average volume of 1,762,569. The firm's fifty day simple moving average is $200.98 and its 200 day simple moving average is $183.85. 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 stock has a market cap of $47.90 billion, a P/E ratio of 13.68 and a beta of 0.97. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $228.10.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, topping analysts' consensus estimates of $1.87 by $2.06. The company had revenue of $3.76 billion during the quarter, compared to analysts' expectations of $3.76 billion. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. Cheniere Energy's quarterly revenue was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.37 EPS. As a group, research analysts anticipate that Cheniere Energy, Inc. will post 11.25 earnings per share for the current fiscal year.

Cheniere Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, November 8th. This represents a $2.00 annualized dividend and a yield of 0.94%. Cheniere Energy's dividend payout ratio (DPR) is currently 12.77%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on LNG shares. TD Cowen boosted their target price on Cheniere Energy from $202.00 to $242.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Royal Bank of Canada lifted their price target on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 16th. Bank of America initiated coverage on Cheniere Energy in a research report on Thursday, October 17th. They issued a "buy" rating and a $215.00 price objective on the stock. Barclays lifted their price target on shares of Cheniere Energy from $199.00 to $202.00 and gave the company an "overweight" rating in a research note on Tuesday, October 15th. Finally, Stifel Nicolaus lifted their price objective on Cheniere Energy from $204.00 to $237.00 and gave the company a "buy" rating in a report on Wednesday, December 4th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $216.56.

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.