Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 3.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 70,148 shares of the energy company's stock after selling 2,769 shares during the period. Cetera Investment Advisers' holdings in Cheniere Energy were worth $15,073,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its position in shares of Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after purchasing an additional 75 shares in the last quarter. WR Wealth Planners LLC increased its stake in Cheniere Energy by 373.1% during the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after purchasing an additional 97 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in Cheniere Energy during the 4th quarter worth approximately $29,000. Banque Transatlantique SA purchased a new position in Cheniere Energy in the fourth quarter valued at $32,000. Finally, Nemes Rush Group LLC boosted its stake in shares of Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after buying an additional 182 shares during the period. 87.26% of the stock is currently owned by institutional investors and hedge funds.

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 on 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 sale, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. This represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.26% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on LNG. Mizuho increased their target price on Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Barclays increased their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. StockNews.com lowered Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Morgan Stanley raised their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Finally, Stifel Nicolaus dropped their target price on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Cheniere Energy has an average rating of "Moderate Buy" and an average target price of $252.23.

Cheniere Energy Price Performance

Shares of NYSE:LNG traded up $1.52 during midday trading on Thursday, hitting $234.77. 533,341 shares of the stock were exchanged, compared to its average volume of 1,857,999. Cheniere Energy, Inc. has a twelve month low of $153.03 and a twelve month 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 company has a 50 day moving average price of $225.67 and a 200-day moving average price of $220.76. The stock has a market cap of $52.31 billion, a P/E ratio of 16.49 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its earnings results 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). The business had revenue of $5.44 billion for the quarter, compared to analyst estimates of $4.73 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business's revenue was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.13 EPS. On average, research analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The business also recently announced 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. This represents a $2.00 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Friday, May 9th. Cheniere Energy's payout ratio is currently 14.63%.

About Cheniere Energy

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.