Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Caption Management LLC

Caption Management LLC decreased its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 84.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,287 shares of the energy company's stock after selling 35,413 shares during the period. Caption Management LLC's holdings in Cheniere Energy were worth $1,351,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in LNG. BROOKFIELD Corp ON raised its position in shares of Cheniere Energy by 17.7% during the fourth quarter. BROOKFIELD Corp ON now owns 1,943,667 shares of the energy company's stock worth $417,636,000 after purchasing an additional 292,703 shares during the period. Brevan Howard Capital Management LP acquired a new position in Cheniere Energy in the 4th quarter valued at $9,442,000. Bridgefront Capital LLC acquired a new position in shares of Cheniere Energy during the 4th quarter worth $1,875,000. Cary Street Partners Financial LLC acquired a new position in Cheniere Energy in the 4th quarter worth about $181,000. Finally, Castlekeep Investment Advisors LLC acquired a new position in Cheniere Energy in the 4th quarter worth about $3,463,000. Institutional investors own 87.26% of the company's stock.

Insider Transactions at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction dated 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 completion of the sale, the director now 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.26% of the company's stock.

Cheniere Energy Price Performance

LNG stock traded down $3.46 during trading on Monday, reaching $230.34. The company's stock had a trading volume of 974,394 shares, compared to its average volume of 1,859,342. Cheniere Energy, Inc. has a 1 year low of $153.03 and a 1 year 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 company has a market capitalization of $51.32 billion, a P/E ratio of 16.20 and a beta of 0.41. The company's fifty day moving average is $224.83 and its 200-day moving average is $220.27.

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

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Friday, May 9th will be given a $0.50 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.87%. Cheniere Energy's payout ratio is 14.63%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Raymond James reiterated a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Morgan Stanley raised their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Mizuho lifted their price objective on Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Bank of America lifted their price objective on Cheniere Energy from $254.00 to $258.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Finally, Barclays boosted their price target on Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target 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.