Universal Beteiligungs und Servicegesellschaft mbH Has $45.17 Million Stock Position in Cheniere Energy, Inc. $LNG

Universal Beteiligungs und Servicegesellschaft mbH lowered its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 6.2% during the third quarter, Holdings Channel reports. The fund owned 192,248 shares of the energy company’s stock after selling 12,781 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Cheniere Energy were worth $45,174,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Assetmark Inc. raised its position in shares of Cheniere Energy by 718.1% during the second quarter. Assetmark Inc. now owns 1,669 shares of the energy company’s stock worth $406,000 after purchasing an additional 1,465 shares during the period. Morningstar Investment Management LLC bought a new stake in Cheniere Energy during the 2nd quarter worth approximately $1,723,000. Railway Pension Investments Ltd raised its holdings in Cheniere Energy by 62.9% during the 3rd quarter. Railway Pension Investments Ltd now owns 777,200 shares of the energy company’s stock worth $182,626,000 after buying an additional 300,100 shares during the period. QRG Capital Management Inc. lifted its stake in Cheniere Energy by 3.3% in the second quarter. QRG Capital Management Inc. now owns 39,440 shares of the energy company’s stock valued at $9,604,000 after buying an additional 1,273 shares in the last quarter. Finally, Nordea Investment Management AB lifted its stake in Cheniere Energy by 3.9% in the second quarter. Nordea Investment Management AB now owns 109,285 shares of the energy company’s stock valued at $26,360,000 after buying an additional 4,083 shares in the last quarter. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Trading Up 2.0%

Shares of NYSE:LNG opened at $207.18 on Thursday. The company’s 50-day moving average price is $199.77 and its two-hundred day moving average price is $219.51. Cheniere Energy, Inc. has a one year low of $186.20 and a one year high of $246.42. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.94 and a quick ratio of 0.81. The stock has a market capitalization of $44.59 billion, a PE ratio of 11.54, a price-to-earnings-growth ratio of 6.54 and a beta of 0.26.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Wednesday, October 29th. The energy company reported $4.75 earnings per share for the quarter, beating the consensus estimate of $2.75 by $2.00. The company had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.87 billion. Cheniere Energy had a return on equity of 37.52% and a net margin of 21.12%.Cheniere Energy’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter last year, the company earned $3.93 EPS. On average, equities analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 18th. Shareholders of record on Friday, November 7th were given a dividend of $0.555 per share. This is a positive change from Cheniere Energy’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, November 7th. This represents a $2.22 annualized dividend and a dividend yield of 1.1%. Cheniere Energy’s payout ratio is presently 12.37%.

Insider Activity

In related news, Director W Benjamin Moreland acquired 5,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were bought at an average price of $208.22 per share, for a total transaction of $1,041,100.00. Following the purchase, the director directly owned 9,856 shares in the company, valued at approximately $2,052,216.32. This trade represents a 102.97% increase in their position. 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 corporate insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on LNG. Wolfe Research set a $220.00 price objective on shares of Cheniere Energy and gave the stock an “outperform” rating in a research report on Wednesday, January 14th. Zacks Research downgraded Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Weiss Ratings cut Cheniere Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Barclays decreased their price objective on Cheniere Energy from $262.00 to $259.00 and set an “overweight” rating for the company in a report on Thursday, January 15th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $254.00 target price on shares of Cheniere Energy in a research report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Cheniere Energy currently has a consensus rating of “Moderate Buy” and an average price target of $265.59.

Cheniere Energy Company Profile

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.