MGO One Seven LLC Sells 1,125 Shares of Cheniere Energy, Inc. (NYSE:LNG)

MGO One Seven LLC trimmed its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 18.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 4,841 shares of the energy company's stock after selling 1,125 shares during the period. MGO One Seven LLC's holdings in Cheniere Energy were worth $1,040,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Cheniere Energy during the 4th quarter valued at approximately $629,197,000. Ninety One UK Ltd lifted its stake in shares of Cheniere Energy by 1,400.7% during the 4th quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company's stock valued at $324,393,000 after buying an additional 1,409,116 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Cheniere Energy by 61.2% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company's stock valued at $357,638,000 after buying an additional 631,787 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Cheniere Energy during the 4th quarter valued at approximately $130,772,000. Finally, Proficio Capital Partners LLC lifted its stake in shares of Cheniere Energy by 18,281.6% during the 4th quarter. Proficio Capital Partners LLC now owns 575,897 shares of the energy company's stock valued at $123,743,000 after buying an additional 572,764 shares in the last quarter. 87.26% of the stock is owned by institutional investors.

Insider Transactions at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the director now owns 33,934 shares of the company's stock, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.26% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. StockNews.com upgraded shares of Cheniere Energy from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. UBS Group restated a "buy" rating and set a $277.00 price target on shares of Cheniere Energy in a research note on Tuesday, March 18th. Argus started coverage on shares of Cheniere Energy in a research note on Tuesday, March 18th. They set a "buy" rating and a $255.00 price target on the stock. Wolfe Research cut shares of Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research note on Wednesday. Finally, Raymond James reiterated a "strong-buy" rating on shares of Cheniere Energy in a research note on Wednesday, April 23rd. One equities research analyst has rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $251.46.

Cheniere Energy Trading Down 0.1 %

LNG traded down $0.23 during midday trading on Thursday, reaching $230.88. 412,747 shares of the company's stock traded hands, compared to its average volume of 1,871,510. The firm has a fifty day moving average of $222.75 and a two-hundred day moving average of $217.26. The stock has a market capitalization of $51.44 billion, a price-to-earnings ratio of 16.23 and a beta of 0.67. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. Cheniere Energy, Inc. has a 52 week low of $153.03 and a 52 week high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $2.74 by $1.59. The business had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. On average, equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently announced 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. This represents a $2.00 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Friday, May 9th. Cheniere Energy's dividend payout ratio is currently 14.05%.

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.