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28,082 Shares in Cheniere Energy, Inc. (NYSE:LNG) Acquired by Graham Capital Management L.P.

Cheniere Energy logo with Energy background

Graham Capital Management L.P. purchased a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 28,082 shares of the energy company's stock, valued at approximately $6,034,000.

Other institutional investors also recently bought and sold shares of the company. Miracle Mile Advisors LLC acquired a new position in shares of Cheniere Energy during the fourth quarter worth about $2,127,000. Fractal Investments LLC lifted its position in Cheniere Energy by 31.0% during the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock worth $12,720,000 after acquiring an additional 14,000 shares in the last quarter. Anderson Hoagland & Co. acquired a new position in Cheniere Energy during the 4th quarter worth approximately $2,460,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Cheniere Energy by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock worth $7,812,000 after acquiring an additional 8,756 shares during the period. Finally, Kathmere Capital Management LLC acquired a new stake in Cheniere Energy in the fourth quarter valued at approximately $245,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Cheniere Energy Stock Performance

NYSE LNG opened at $233.48 on Friday. Cheniere Energy, Inc. has a 1-year low of $153.03 and a 1-year high of $257.65. The company has a 50 day moving average of $224.83 and a 200-day moving average of $219.78. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The firm has a market cap of $52.02 billion, a price-to-earnings ratio of 16.41 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 EPS for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The company had revenue of $5.44 billion for the quarter, compared to the consensus estimate of $4.73 billion. During the same period in the prior year, the company earned $2.13 EPS. The firm's revenue was up 28.0% compared to the same quarter last year. On average, equities 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 announced a quarterly dividend, which will be paid on Monday, May 19th. Shareholders of record on Friday, May 9th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend is Friday, May 9th. Cheniere Energy's payout ratio is 14.05%.

Insider Buying and Selling at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the company'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 directly owns 33,934 shares of the company's stock, valued at $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.26% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on LNG shares. UBS Group reiterated a "buy" rating and issued a $277.00 price objective on shares of Cheniere Energy in a report on Tuesday, March 18th. JPMorgan Chase & Co. boosted their price target on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday, April 28th. Scotiabank lowered their price objective on 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. Raymond James restated a "strong-buy" rating on shares of Cheniere Energy in a report on Wednesday, April 23rd. Finally, Mizuho increased their target price on Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $252.23.

Read Our Latest Stock Analysis on LNG

About Cheniere Energy

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding LNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cheniere Energy, Inc. (NYSE:LNG - Free Report).

Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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