Axa S.A. Has $6.84 Million Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Axa S.A. boosted its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 8.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,816 shares of the energy company’s stock after purchasing an additional 2,369 shares during the period. Axa S.A.’s holdings in Cheniere Energy were worth $6,836,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. grew its stake in shares of Cheniere Energy by 10.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company’s stock valued at $99,000 after buying an additional 43 shares in the last quarter. Flagship Harbor Advisors LLC grew its position in Cheniere Energy by 2.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company’s stock worth $503,000 after acquiring an additional 46 shares in the last quarter. Larson Financial Group LLC increased its stake in shares of Cheniere Energy by 1.7% during the 4th quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company’s stock worth $719,000 after purchasing an additional 55 shares during the last quarter. American Money Management LLC raised its holdings in shares of Cheniere Energy by 0.5% during the 4th quarter. American Money Management LLC now owns 10,987 shares of the energy company’s stock valued at $2,361,000 after purchasing an additional 55 shares in the last quarter. Finally, Forum Financial Management LP lifted its stake in shares of Cheniere Energy by 2.0% in the 4th quarter. Forum Financial Management LP now owns 2,822 shares of the energy company’s stock valued at $606,000 after purchasing an additional 56 shares during the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Insider Activity at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy 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 sale, the director now directly owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.26% of the stock is currently owned by insiders.

Cheniere Energy Trading Down 0.2 %

Cheniere Energy stock opened at $234.98 on Wednesday. Cheniere Energy, Inc. has a 12 month low of $153.03 and a 12 month high of $257.65. The stock has a market cap of $52.36 billion, a price-to-earnings ratio of 16.51 and a beta of 0.41. The business has a 50 day moving average price of $224.01 and a two-hundred day moving average price of $218.90. 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 (NYSE:LNG) last issued its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. As a group, equities analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Friday, May 9th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, May 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.85%. Cheniere Energy’s dividend payout ratio (DPR) is currently 14.05%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. UBS Group reaffirmed a “buy” rating and issued a $277.00 price target on shares of Cheniere Energy in a research report on Tuesday, March 18th. Wolfe Research cut Cheniere Energy from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, April 30th. Bank of America lifted their price target on shares of Cheniere Energy from $254.00 to $258.00 and gave the company a “buy” rating in a research report on Tuesday, April 29th. Argus initiated coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They set a “buy” rating and a $255.00 price objective for the company. Finally, StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a report on Friday, February 21st. One investment analyst has rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Cheniere Energy presently has a consensus rating of “Buy” and a consensus price target of $251.46.

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.