Vontobel Holding Ltd. Reduces Stake in Cheniere Energy, Inc. (NYSE:LNG)

Vontobel Holding Ltd. trimmed its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 14.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,193 shares of the energy company's stock after selling 3,675 shares during the quarter. Vontobel Holding Ltd.'s holdings in Cheniere Energy were worth $4,769,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of LNG. Miracle Mile Advisors LLC acquired a new position in Cheniere Energy during the fourth quarter worth $2,127,000. Fractal Investments LLC boosted its position in shares of Cheniere Energy by 31.0% during the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock valued at $12,720,000 after acquiring an additional 14,000 shares during the last quarter. Anderson Hoagland & Co. acquired a new position in shares of Cheniere Energy during the 4th quarter valued at about $2,460,000. Insight Wealth Strategies LLC purchased a new stake in shares of Cheniere Energy in the fourth quarter valued at about $4,455,000. Finally, Kathmere Capital Management LLC acquired a new stake in Cheniere Energy during the fourth quarter worth about $245,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Stock Up 1.5 %

Shares of LNG stock traded up $3.14 during trading hours on Wednesday, reaching $218.79. 2,870,500 shares of the stock were exchanged, compared to its average volume of 2,384,054. The business's fifty day moving average is $222.61 and its two-hundred day moving average is $202.99. The firm has a market capitalization of $49.09 billion, a P/E ratio of 13.97 and a beta of 0.98. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.91%. Cheniere Energy's payout ratio is 12.77%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. UBS Group increased their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, November 15th. Wells Fargo & Company increased their price objective on Cheniere Energy from $213.00 to $235.00 and gave the stock an "overweight" rating in a research report on Wednesday, December 18th. Stifel Nicolaus raised their target price on Cheniere Energy from $204.00 to $237.00 and gave the stock a "buy" rating in a research note on Wednesday, December 4th. Morgan Stanley upped their price target on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Finally, TD Cowen raised their price objective on Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $234.25.

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.