Sava Infond d.o.o. Makes New Investment in Cheniere Energy, Inc. (NYSE:LNG)

Sava Infond d.o.o. bought a new position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,400 shares of the energy company's stock, valued at approximately $301,000.

Several other hedge funds have also modified their holdings of the business. Wellington Management Group LLP raised its position in Cheniere Energy by 195.1% in the third quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company's stock worth $755,410,000 after acquiring an additional 2,776,920 shares in the last quarter. Amundi grew its stake in shares of Cheniere Energy by 19.9% during the 4th quarter. Amundi now owns 2,696,002 shares of the energy company's stock worth $606,907,000 after purchasing an additional 448,189 shares during the period. TD Asset Management Inc. increased its holdings in shares of Cheniere Energy by 5.2% in the 4th quarter. TD Asset Management Inc. now owns 1,841,988 shares of the energy company's stock valued at $395,788,000 after purchasing an additional 91,554 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Cheniere Energy by 11.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,793,989 shares of the energy company's stock valued at $322,631,000 after purchasing an additional 178,318 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in Cheniere Energy by 61.2% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company's stock worth $357,638,000 after buying an additional 631,787 shares in the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. UBS Group reiterated a "buy" rating and set a $277.00 price target on shares of Cheniere Energy in a research report on Tuesday, March 18th. Argus assumed coverage on Cheniere Energy in a research report on Tuesday, March 18th. They set a "buy" rating and a $255.00 target price on the stock. StockNews.com upgraded Cheniere Energy from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Mizuho boosted their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Finally, Scotiabank reissued an "outperform" rating on shares of Cheniere Energy in a research note on Thursday, March 6th. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $239.79.

Insider Activity

In related news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the transaction, the director now owns 33,934 shares in the company, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.29% of the company's stock.

Cheniere Energy Trading Down 0.5 %

Shares of Cheniere Energy stock traded down $1.21 during trading hours on Tuesday, reaching $230.19. 372,363 shares of the company's stock were exchanged, compared to its average volume of 1,813,141. Cheniere Energy, Inc. has a 52-week low of $152.88 and a 52-week high of $257.65. The company has a fifty day moving average of $223.12 and a 200-day moving average of $211.32. 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 $51.48 billion, a price-to-earnings ratio of 16.15 and a beta of 0.94.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $2.74 by $1.59. The firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. Sell-side analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders 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 0.87%. Cheniere Energy's dividend payout ratio (DPR) 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.