Alyeska Investment Group L.P. Cuts Position in Cheniere Energy, Inc. (NYSE:LNG)

Alyeska Investment Group L.P. reduced its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 38.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 326,366 shares of the energy company's stock after selling 203,208 shares during the quarter. Alyeska Investment Group L.P. owned approximately 0.15% of Cheniere Energy worth $70,126,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB lifted its position in shares of Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after buying an additional 75 shares during the last quarter. WR Wealth Planners LLC lifted its position in Cheniere Energy by 373.1% during the fourth 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 acquired a new stake in Cheniere Energy in the fourth quarter valued at approximately $29,000. Nemes Rush Group LLC grew its holdings in Cheniere Energy by 2,022.2% in the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock worth $41,000 after purchasing an additional 182 shares during the last quarter. Finally, Adirondack Trust Co. acquired a new position in shares of Cheniere Energy during the fourth quarter worth $43,000. Institutional investors own 87.26% of the company's stock.

Cheniere Energy Price Performance

NYSE:LNG opened at $235.94 on Friday. The firm's fifty day moving average is $223.37 and its two-hundred day moving average is $217.91. The firm has a market cap of $52.57 billion, a price-to-earnings ratio of 16.58 and a beta of 0.67. Cheniere Energy, Inc. has a one year low of $153.03 and a one year high of $257.65. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. Research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Friday, May 9th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend is Friday, May 9th. Cheniere Energy's dividend payout ratio (DPR) is 14.05%.

Insider Activity at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value 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. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on LNG shares. Argus assumed coverage on Cheniere Energy in a research report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price objective for the company. JPMorgan Chase & Co. raised their price target on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Morgan Stanley upped their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Wolfe Research cut shares of Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research note on Wednesday. Finally, Stifel Nicolaus cut their price target on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. One research analyst has rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $251.46.

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.

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