Vontobel Holding Ltd. Sells 3,675 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Vontobel Holding Ltd. cut its stake in Cheniere Energy, Inc. (NYSE:LNG) by 14.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 hedge funds have also bought and sold shares of the business. The Manufacturers Life Insurance Company increased its position in Cheniere Energy by 3.2% during the third quarter. The Manufacturers Life Insurance Company now owns 5,438,428 shares of the energy company’s stock worth $978,047,000 after acquiring an additional 167,575 shares during the period. Wellington Management Group LLP increased its position in Cheniere Energy by 195.1% during 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 during the period. Massachusetts Financial Services Co. MA increased its position in 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 acquiring an additional 1,789,919 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in 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 worth $322,631,000 after acquiring an additional 178,318 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position 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 acquiring an additional 631,787 shares during the period. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Trading Up 1.6 %

LNG opened at $213.37 on Friday. The company’s 50 day moving average is $222.58 and its 200-day moving average is $202.20. Cheniere Energy, Inc. has a 1-year low of $152.31 and a 1-year high of $257.65. 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 company has a market cap of $47.87 billion, a P/E ratio of 13.62 and a beta of 0.98.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid 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 0.94%. Cheniere Energy’s payout ratio is currently 12.77%.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. The Goldman Sachs Group raised their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Barclays raised their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Wells Fargo & Company raised their target price on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. UBS Group raised their target price on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Morgan Stanley raised their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, Cheniere Energy has an average 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.