Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lessened its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 187,066 shares of the energy company’s stock after selling 5,520 shares during the period. Voya Investment Management LLC owned 0.08% of Cheniere Energy worth $40,195,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of LNG. Miracle Mile Advisors LLC acquired a new position in Cheniere Energy in the 4th quarter valued at about $2,127,000. Fractal Investments LLC lifted its holdings in Cheniere Energy by 31.0% in the fourth 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. purchased a new position in Cheniere Energy in the fourth quarter worth approximately $2,460,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Cheniere Energy by 31.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company’s stock worth $7,812,000 after acquiring an additional 8,756 shares during the last quarter. Finally, Insight Wealth Strategies LLC purchased a new stake in Cheniere Energy in the fourth quarter valued at $4,455,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on LNG shares. Scotiabank reissued an “outperform” rating on shares of Cheniere Energy in a research report on Thursday, March 6th. Morgan Stanley lifted their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Mizuho upped their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. Stifel Nicolaus dropped their target price on shares of Cheniere Energy from $255.00 to $247.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Raymond James restated a “strong-buy” rating on shares of Cheniere Energy in a research report on Wednesday. Fifteen equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $245.15.

Insiders Place Their Bets

In other news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the sale, the director now owns 33,934 shares in the company, valued at $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.26% of the stock is currently owned by insiders.

Cheniere Energy Price Performance

NYSE:LNG opened at $233.23 on Friday. The firm has a market cap of $51.97 billion, a price-to-earnings ratio of 16.39 and a beta of 0.67. Cheniere Energy, Inc. has a 12-month low of $153.03 and a 12-month 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’s 50-day moving average is $221.95 and its two-hundred day moving average is $216.35.

Cheniere Energy (NYSE:LNG) 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%. Research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

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.