Centiva Capital LP Has $1.23 Million Stake in Cheniere Energy, Inc. (NYSE:LNG)

Centiva Capital LP trimmed its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 65.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,720 shares of the energy company's stock after selling 10,822 shares during the quarter. Centiva Capital LP's holdings in Cheniere Energy were worth $1,229,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. World Investment Advisors LLC purchased a new stake in shares of Cheniere Energy during the third quarter valued at $225,000. Wilmington Savings Fund Society FSB bought a new position in Cheniere Energy in the third quarter valued at about $159,000. Diversified Trust Co bought a new position in Cheniere Energy in the fourth quarter valued at about $614,000. First Hawaiian Bank raised its stake in shares of Cheniere Energy by 7.9% in the fourth quarter. First Hawaiian Bank now owns 12,076 shares of the energy company's stock worth $2,595,000 after buying an additional 889 shares during the period. Finally, Franklin Street Advisors Inc. NC bought a new position in shares of Cheniere Energy in the fourth quarter worth about $7,046,000. 87.26% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director G Andrea Botta sold 9,000 shares of the firm's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the sale, the director now owns 33,934 shares of the company's stock, valued at approximately $7,448,852.34. This trade represents a 20.96% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.26% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

LNG has been the topic of several recent analyst reports. StockNews.com downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday. Barclays lifted their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Stifel Nicolaus cut their price target on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Mizuho raised their price target on Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Finally, UBS Group restated a "buy" rating and set a $277.00 price target on shares of Cheniere Energy in a report on Tuesday, March 18th. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Cheniere Energy currently has a consensus rating of "Moderate Buy" and an average target price of $252.23.

Cheniere Energy Price Performance

Shares of LNG stock traded down $3.09 during mid-day trading on Monday, hitting $230.71. 2,020,467 shares of the stock traded hands, compared to its average volume of 1,863,416. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The firm has a market cap of $51.40 billion, a price-to-earnings ratio of 16.21 and a beta of 0.41. The company's 50-day simple moving average is $224.83 and its 200-day simple moving average is $220.27. Cheniere Energy, Inc. has a twelve month low of $153.03 and a twelve month high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $5.44 billion for the quarter, compared to analyst estimates of $4.73 billion. During the same period in the previous year, the business posted $2.13 EPS. Cheniere Energy's revenue for the quarter was up 28.0% on a year-over-year basis. As a group, equities research analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders 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 annualized dividend and a dividend yield of 0.87%. Cheniere Energy's dividend payout ratio is currently 14.63%.

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.