Lighthouse Investment Partners LLC Sells 1,250 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Lighthouse Investment Partners LLC lessened its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 20.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,000 shares of the energy company’s stock after selling 1,250 shares during the quarter. Lighthouse Investment Partners LLC’s holdings in Cheniere Energy were worth $1,074,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB grew its position in Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after acquiring an additional 75 shares during the last quarter. WR Wealth Planners LLC grew its position in Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock valued at $26,000 after acquiring an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in Cheniere Energy in the 4th quarter valued at $29,000. Banque Transatlantique SA bought a new position in Cheniere Energy in the 4th quarter valued at $32,000. Finally, Nemes Rush Group LLC grew its position in Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company’s stock valued at $41,000 after acquiring an additional 182 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Price Performance

Shares of LNG stock opened at $232.37 on Thursday. Cheniere Energy, Inc. has a 1-year low of $153.03 and a 1-year high of $257.65. The stock’s 50-day moving average is $225.67 and its 200 day moving average is $220.76. The company has a market cap of $51.78 billion, a P/E ratio of 16.33 and a beta of 0.41. 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 (NYSE:LNG) last released its quarterly earnings results on Thursday, May 8th. The energy company reported $1.57 EPS for the quarter, missing analysts’ consensus estimates of $2.81 by ($1.24). The business had revenue of $5.44 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company’s quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.13 earnings per share. Research analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 19th. Shareholders of record on Friday, May 9th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.86%. The ex-dividend date is Friday, May 9th. Cheniere Energy’s dividend payout ratio is presently 14.63%.

Analyst Upgrades and Downgrades

LNG has been the topic of several research analyst reports. TD Cowen upped their price objective on Cheniere Energy from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, May 9th. Mizuho increased their price target on Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 18th. Barclays increased their price target on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Wolfe Research downgraded Cheniere Energy from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, April 30th. Finally, Stifel Nicolaus dropped 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. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Cheniere Energy has an average rating of “Moderate Buy” and an average target price of $252.23.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the director now owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. This trade represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.26% of the company’s stock.

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.