Ensign Peak Advisors Inc Sells 72,106 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Ensign Peak Advisors Inc decreased its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,169,930 shares of the energy company’s stock after selling 72,106 shares during the quarter. Ensign Peak Advisors Inc owned 0.52% of Cheniere Energy worth $251,383,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new position in Cheniere Energy in the fourth quarter valued at $629,197,000. Ninety One UK Ltd boosted its holdings in shares of Cheniere Energy by 1,400.7% in the 4th quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company’s stock worth $324,393,000 after purchasing an additional 1,409,116 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Cheniere Energy by 61.2% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company’s stock valued at $357,638,000 after purchasing an additional 631,787 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Cheniere Energy during the 4th quarter valued at about $130,772,000. Finally, Proficio Capital Partners LLC lifted its position in Cheniere Energy by 18,281.6% in the 4th quarter. Proficio Capital Partners LLC now owns 575,897 shares of the energy company’s stock worth $123,743,000 after buying an additional 572,764 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director G Andrea Botta sold 9,000 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the sale, the director now directly owns 33,934 shares of the company’s stock, valued at $7,448,852.34. The trade was a 20.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.26% of the company’s stock.

Cheniere Energy Stock Down 0.5 %

LNG stock opened at $237.64 on Friday. Cheniere Energy, Inc. has a fifty-two week low of $153.03 and a fifty-two week high of $257.65. The company has a market capitalization of $52.95 billion, a price-to-earnings ratio of 16.70 and a beta of 0.41. The business’s 50 day moving average price is $224.57 and its two-hundred day moving average price is $219.43. 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) last posted its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.31 by ($1.74). Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. During the same period in the prior year, the company posted $2.13 earnings per share. The firm’s quarterly revenue was up 28.0% on a year-over-year basis. As a group, analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Friday, May 9th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.84%. The ex-dividend date is Friday, May 9th. Cheniere Energy’s payout ratio is currently 14.05%.

Analyst Upgrades and Downgrades

Several research firms have commented on LNG. Argus started coverage on shares of Cheniere Energy in a research note on Tuesday, March 18th. They set a “buy” rating and a $255.00 price target on the stock. Wolfe Research downgraded shares of Cheniere Energy from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, April 30th. JPMorgan Chase & Co. raised their price objective on Cheniere Energy from $252.00 to $265.00 and gave the company an “overweight” rating in a research note on Monday, April 28th. Barclays boosted their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Finally, Stifel Nicolaus reduced their price target on Cheniere Energy from $255.00 to $247.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. One investment analyst has rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $251.46.

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.