16,115 Shares in Cheniere Energy, Inc. (NYSE:LNG) Purchased by Castlekeep Investment Advisors LLC

Castlekeep Investment Advisors LLC acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,115 shares of the energy company's stock, valued at approximately $3,463,000.

A number of other large investors also recently bought and sold shares of the company. The Manufacturers Life Insurance Company lifted its stake in Cheniere Energy by 4.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 5,681,846 shares of the energy company's stock worth $1,220,858,000 after purchasing an additional 243,418 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Cheniere Energy by 10.1% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,126,512 shares of the energy company's stock worth $886,664,000 after buying an additional 379,142 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Cheniere Energy by 16.1% in the 4th quarter. Invesco Ltd. now owns 3,237,303 shares of the energy company's stock valued at $695,599,000 after buying an additional 450,031 shares during the period. Norges Bank bought a new stake in shares of Cheniere Energy during the 4th quarter valued at about $629,197,000. Finally, Amundi raised its stake in Cheniere Energy by 19.9% during the fourth quarter. Amundi now owns 2,696,002 shares of the energy company's stock worth $606,907,000 after acquiring an additional 448,189 shares during the period. Institutional investors own 87.26% of the company's stock.

Insiders Place Their Bets

In other news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction that occurred 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 transaction, the director now directly owns 33,934 shares of the company's stock, valued at $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.26% of the company's stock.

Cheniere Energy Price Performance

LNG stock traded down $1.12 on Thursday, hitting $237.64. 2,495,487 shares of the company's stock traded hands, compared to its average volume of 1,857,940. The stock has a market cap of $52.95 billion, a price-to-earnings ratio of 16.70 and a beta of 0.41. Cheniere Energy, Inc. has a 1-year low of $153.03 and a 1-year high of $257.65. 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 stock has a fifty day moving average of $224.23 and a 200-day moving average of $219.04.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 EPS for the quarter, missing analysts' consensus estimates of $3.31 by ($1.74). Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company's quarterly revenue was up 28.0% on a year-over-year basis. During the same period last year, the company posted $2.13 EPS. On average, analysts forecast 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 will be paid on Monday, May 19th. Investors of record on Friday, May 9th will be paid a $0.50 dividend. The ex-dividend date is Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.84%. Cheniere Energy's dividend payout ratio is currently 14.05%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LNG. StockNews.com upgraded Cheniere Energy from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Raymond James reiterated a "strong-buy" rating on shares of Cheniere Energy in a research note on Wednesday, April 23rd. Argus began coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price objective on the stock. Barclays boosted their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Finally, Morgan Stanley lifted their price target on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, January 31st. One investment analyst has rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus 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.