Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Ethic Inc.

Ethic Inc. grew its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 27.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,296 shares of the energy company's stock after purchasing an additional 4,342 shares during the quarter. Ethic Inc.'s holdings in Cheniere Energy were worth $4,361,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Miracle Mile Advisors LLC acquired a new position in shares of Cheniere Energy in the 4th quarter valued at $2,127,000. Fractal Investments LLC increased its position in shares of Cheniere Energy by 31.0% in the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock valued at $12,720,000 after acquiring an additional 14,000 shares during the period. Anderson Hoagland & Co. purchased a new position in Cheniere Energy during the 4th quarter worth approximately $2,460,000. Mirae Asset Global Investments Co. Ltd. lifted 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 acquiring an additional 8,756 shares during the period. Finally, Kathmere Capital Management LLC acquired a new stake in Cheniere Energy during the 4th quarter worth about $245,000. Institutional investors own 87.26% of the company's stock.

Cheniere Energy Stock Down 0.2%

LNG traded down $0.35 on Wednesday, hitting $232.37. 1,726,704 shares of the company were exchanged, compared to its average volume of 1,863,203. Cheniere Energy, Inc. has a twelve month low of $153.03 and a twelve month high of $257.65. The company has a market cap of $51.78 billion, a price-to-earnings ratio of 16.33 and a beta of 0.41. 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 firm has a 50-day moving average price of $225.44 and a two-hundred day moving average price of $220.68.

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 the consensus estimate 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 company's revenue was up 28.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.13 earnings per share. On average, equities analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

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 issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend is Friday, May 9th. Cheniere Energy's payout ratio is 14.63%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on LNG shares. Scotiabank dropped 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 research note on Tuesday, April 29th. TD Cowen upped their price target on shares of Cheniere Energy from $250.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Stifel Nicolaus cut their price objective on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Bank of America boosted their price target on Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Finally, StockNews.com downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $252.23.

Insider Transactions at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the business's stock in a transaction dated 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 completion of the sale, the director now directly owns 33,934 shares of the company's stock, valued at approximately $7,448,852.34. The trade was a 20.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.26% of the company's stock.

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.