Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd boosted its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 22.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 243,140 shares of the energy company's stock after purchasing an additional 44,674 shares during the period. UniSuper Management Pty Ltd owned approximately 0.11% of Cheniere Energy worth $52,243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Sava Infond d.o.o. purchased a new stake in shares of Cheniere Energy in the fourth quarter valued at approximately $301,000. Elo Mutual Pension Insurance Co increased its position in Cheniere Energy by 5.1% during the 4th quarter. Elo Mutual Pension Insurance Co now owns 21,242 shares of the energy company's stock valued at $4,564,000 after buying an additional 1,036 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Cheniere Energy by 9.6% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 168,451 shares of the energy company's stock worth $37,477,000 after buying an additional 14,695 shares during the period. TIAA Trust National Association raised its position in Cheniere Energy by 16.1% during the fourth quarter. TIAA Trust National Association now owns 2,034 shares of the energy company's stock valued at $437,000 after acquiring an additional 282 shares in the last quarter. Finally, TD Asset Management Inc. lifted its stake 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 during the period. Hedge funds and other institutional investors own 87.26% of the company's stock.

Remove Ads

Cheniere Energy Price Performance

NYSE:LNG traded up $2.24 during trading hours on Monday, hitting $228.47. The company's stock had a trading volume of 404,305 shares, compared to its average volume of 1,811,942. The company has a market capitalization of $51.10 billion, a PE ratio of 16.02 and a beta of 0.94. Cheniere Energy, Inc. has a 52-week low of $152.88 and a 52-week high of $257.65. The business's 50-day moving average is $223.55 and its two-hundred day moving average is $210.94. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued 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. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. As a group, research analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy's dividend payout ratio is currently 14.05%.

Insider Transactions at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company'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 sale, the director now owns 33,934 shares of the company's stock, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.29% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on LNG shares. Argus assumed coverage on Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 target price for the company. 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. StockNews.com upgraded shares of Cheniere Energy from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Barclays raised their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a report on Thursday, January 16th. Finally, Wells Fargo & Company upped their price target on Cheniere Energy from $213.00 to $235.00 and gave the stock an "overweight" rating in a report on Wednesday, December 18th. One research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $239.79.

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.