G Andrea Botta Sells 9,000 Shares of Cheniere Energy, Inc. (NYSE:LNG) Stock

Cheniere Energy, Inc. (NYSE:LNG) Director G Andrea Botta sold 9,000 shares of the business’s stock in a transaction dated 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 in the company, valued at $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Cheniere Energy Stock Up 3.9 %

Shares of NYSE:LNG opened at $228.51 on Friday. The firm has a market capitalization of $51.11 billion, a PE ratio of 16.06 and a beta of 0.98. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The firm’s 50-day moving average is $224.28 and its two-hundred day moving average is $205.17.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.44 billion. Analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.88%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s payout ratio is currently 14.05%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Total Wealth Planning & Management Inc. acquired a new stake in Cheniere Energy in the 4th quarter valued at about $1,414,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Cheniere Energy during the fourth quarter worth about $45,545,000. REAP Financial Group LLC increased its stake in shares of Cheniere Energy by 150.0% during the fourth quarter. REAP Financial Group LLC now owns 125 shares of the energy company’s stock worth $27,000 after buying an additional 75 shares during the period. Heck Capital Advisors LLC acquired a new stake in Cheniere Energy in the fourth quarter valued at approximately $525,000. Finally, Ameriflex Group Inc. purchased a new position in Cheniere Energy in the fourth quarter worth approximately $42,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on LNG shares. Morgan Stanley upped their price objective on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Barclays lifted their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. StockNews.com upgraded Cheniere Energy from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Stifel Nicolaus boosted their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a report on Friday, February 21st. Finally, TD Cowen increased their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. One equities research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $235.75.

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.