Insider Selling: Cheniere Energy, Inc. (NYSE:LNG) Director Sells 4,300 Shares of Stock

Cheniere Energy, Inc. (NYSE:LNG - Get Free Report) Director Neal A. Shear sold 4,300 shares of the company's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $245.93, for a total transaction of $1,057,499.00. Following the completion of the sale, the director now directly owns 29,733 shares in the company, valued at approximately $7,312,236.69. The trade was a 12.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Cheniere Energy Trading Down 5.8%

Cheniere Energy stock traded down $14.11 during trading hours on Monday, reaching $228.98. 4,601,131 shares of the company's stock traded hands, compared to its average volume of 1,894,154. 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, Inc. has a fifty-two week low of $154.82 and a fifty-two week high of $257.65. The firm has a market capitalization of $50.78 billion, a price-to-earnings ratio of 16.09 and a beta of 0.43. The firm's 50 day moving average is $229.40 and its 200-day moving average is $224.86.

Cheniere Energy (NYSE:LNG - Get Free Report) last released 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 net margin of 20.71% and a return on equity of 37.19%. The business's revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.13 earnings per share. On average, analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were given a $0.50 dividend. The ex-dividend date was Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.87%. Cheniere Energy's dividend payout ratio is 14.63%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. UBS Group reaffirmed a "buy" rating and issued a $277.00 target price on shares of Cheniere Energy in a report on Tuesday, March 18th. Stifel Nicolaus lowered their target price on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. JPMorgan Chase & Co. upped their target price on shares of Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Bank of America upped their target price on shares of Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Finally, Scotiabank decreased their price objective on shares of Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a report on Tuesday, April 29th. 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 data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $252.23.

Institutional Trading of Cheniere Energy

A number of large investors have recently bought and sold shares of the business. WR Wealth Planners LLC grew its stake in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after acquiring an additional 97 shares in the last quarter. REAP Financial Group LLC boosted its holdings in shares of Cheniere Energy by 150.0% in the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock valued at $27,000 after buying an additional 75 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cheniere Energy in the 4th quarter valued at approximately $29,000. Banque Transatlantique SA acquired a new stake in shares of Cheniere Energy in the 4th quarter valued at approximately $32,000. Finally, Cooksen Wealth LLC acquired a new stake in shares of Cheniere Energy in the 1st quarter valued at approximately $38,000. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Company 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.