Darlington Partners Capital Management LP Sells 59,250 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Darlington Partners Capital Management LP reduced its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 4.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,220,223 shares of the energy company's stock after selling 59,250 shares during the quarter. Cheniere Energy makes up about 9.8% of Darlington Partners Capital Management LP's portfolio, making the stock its 5th biggest holding. Darlington Partners Capital Management LP owned 0.54% of Cheniere Energy worth $262,189,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in LNG. Miracle Mile Advisors LLC acquired a new position in shares of Cheniere Energy in the fourth quarter valued at approximately $2,127,000. Fractal Investments LLC raised its holdings in shares of Cheniere Energy by 31.0% during the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock valued at $12,720,000 after purchasing an additional 14,000 shares during the period. Anderson Hoagland & Co. bought a new stake in Cheniere Energy during the 4th quarter valued at $2,460,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in Cheniere Energy by 31.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock valued at $7,812,000 after purchasing an additional 8,756 shares during the last quarter. Finally, Kathmere Capital Management LLC bought a new stake in Cheniere Energy during the 4th quarter worth approximately $245,000. Institutional investors own 87.26% of the company's stock.

Insiders Place Their Bets

In related 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 completion of the sale, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. This trade represents a 20.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.26% of the company's stock.

Cheniere Energy Stock Up 1.6%

Shares of NYSE:LNG traded up $3.71 during midday trading on Tuesday, reaching $234.19. The company's stock had a trading volume of 851,195 shares, compared to its average volume of 1,859,476. Cheniere Energy, Inc. has a 12-month low of $153.03 and a 12-month high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The firm has a 50 day moving average of $225.09 and a 200-day moving average of $220.59. The firm has a market capitalization of $52.18 billion, a P/E ratio of 16.46 and a beta of 0.41.

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

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Shareholders of record on Friday, May 9th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.85%. The ex-dividend date is Friday, May 9th. Cheniere Energy's payout ratio is 14.63%.

Wall Street Analysts Forecast Growth

Several research firms have commented on LNG. UBS Group reiterated a "buy" rating and issued a $277.00 price objective on shares of Cheniere Energy in a research note on Tuesday, March 18th. StockNews.com lowered Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday. Bank of America increased their target price on shares of Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Mizuho boosted their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Finally, Scotiabank lowered their price objective on shares of Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating for the company in a report on Tuesday, April 29th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $252.23.

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.