Sequoia Financial Advisors LLC Raises Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Sequoia Financial Advisors LLC boosted its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 3.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 149,015 shares of the energy company's stock after buying an additional 4,584 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.07% of Cheniere Energy worth $32,019,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company lifted its position in shares of Cheniere Energy by 3.2% in the third quarter. The Manufacturers Life Insurance Company now owns 5,438,428 shares of the energy company's stock valued at $978,047,000 after acquiring an additional 167,575 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Cheniere Energy by 195.1% during the 3rd quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company's stock worth $755,410,000 after purchasing an additional 2,776,920 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Cheniere Energy by 91.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company's stock worth $673,927,000 after buying an additional 1,789,919 shares in the last quarter. Amundi raised its position in shares of Cheniere Energy by 19.9% in the fourth quarter. Amundi now owns 2,696,002 shares of the energy company's stock valued at $606,907,000 after buying an additional 448,189 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Cheniere Energy by 11.0% during 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 buying an additional 178,318 shares during the period. Institutional investors and hedge funds own 87.26% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Morgan Stanley lifted their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. TD Cowen lifted their price objective on Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a research report on Monday, January 27th. UBS Group raised their price target on Cheniere Energy from $232.00 to $265.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. Scotiabank reaffirmed an "outperform" rating on shares of Cheniere Energy in a research note on Thursday, March 6th. Finally, StockNews.com upgraded shares of Cheniere Energy from a "hold" rating to a "buy" rating in a report on Friday, February 21st. One research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $236.33.

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Insider Activity at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.29% of the company's stock.

Cheniere Energy Trading Down 1.5 %

Shares of LNG stock opened at $211.17 on Wednesday. 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, Inc. has a fifty-two week low of $152.88 and a fifty-two week high of $257.65. The firm's 50 day moving average price is $225.11 and its two-hundred day moving average price is $206.97. The stock has a market cap of $47.23 billion, a price-to-earnings ratio of 14.84 and a beta of 0.94.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share 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, analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.95%. The ex-dividend date was Friday, February 7th. Cheniere Energy's dividend payout ratio (DPR) is 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.

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