Focus Partners Advisor Solutions LLC Acquires 296 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Focus Partners Advisor Solutions LLC lifted its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 13.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,464 shares of the energy company’s stock after acquiring an additional 296 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Cheniere Energy were worth $530,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in LNG. Norges Bank bought a new position in shares of Cheniere Energy in the 4th quarter valued at about $629,197,000. Ninety One UK Ltd lifted 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 valued at $324,393,000 after acquiring an additional 1,409,116 shares during the last quarter. Two Sigma Advisers LP lifted its holdings in shares of Cheniere Energy by 84.6% in the 4th quarter. Two Sigma Advisers LP now owns 1,651,500 shares of the energy company’s stock valued at $354,858,000 after acquiring an additional 756,900 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Cheniere Energy by 61.2% in 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 acquiring an additional 631,787 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Cheniere Energy in the 4th quarter valued at about $130,772,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $229.13 on Friday. The company’s 50 day moving average is $227.79 and its 200 day moving average is $222.93. 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, Inc. has a 52-week low of $153.03 and a 52-week high of $257.65. The firm has a market cap of $50.82 billion, a price-to-earnings ratio of 16.10 and a beta of 0.41.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share for the quarter, missing analysts’ consensus estimates of $2.81 by ($1.24). Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $5.44 billion for the quarter, compared to analysts’ expectations of $4.73 billion. During the same period last year, the firm earned $2.13 earnings per share. Cheniere Energy’s quarterly revenue was up 28.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.87%. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.63%.

Insider Buying and Selling at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the 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 completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.26% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on LNG. Scotiabank decreased their price objective on shares of Cheniere Energy from $243.00 to $242.00 and set a “sector outperform” rating for the company in a research note on Tuesday, April 29th. UBS Group reissued a “buy” rating and issued a $277.00 price objective on shares of Cheniere Energy in a research note on Tuesday, March 18th. Wall Street Zen downgraded shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Friday, May 9th. TD Cowen raised their price objective on shares of Cheniere Energy from $250.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, May 9th. Finally, Bank of America raised their price objective on shares of Cheniere Energy from $254.00 to $258.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. Two investment 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $252.23.

About Cheniere Energy

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.