Voya Investment Management LLC Sells 5,520 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Voya Investment Management LLC lowered its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 2.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 187,066 shares of the energy company's stock after selling 5,520 shares during the quarter. Voya Investment Management LLC owned 0.08% of Cheniere Energy worth $40,195,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock worth $26,000 after acquiring an additional 75 shares during the last quarter. WR Wealth Planners LLC boosted 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 during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cheniere Energy during the 4th quarter worth $29,000. Nemes Rush Group LLC boosted its stake in shares of Cheniere Energy by 2,022.2% during the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock worth $41,000 after acquiring an additional 182 shares during the last quarter. Finally, Adirondack Trust Co. purchased a new position in shares of Cheniere Energy during the 4th quarter worth $43,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Insider Transactions at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy 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 in the company, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.26% of the company's stock.

Cheniere Energy Price Performance

NYSE LNG traded down $1.33 during trading on Thursday, hitting $229.78. 458,421 shares of the stock traded hands, compared to its average volume of 1,871,731. The company has a market capitalization of $51.20 billion, a P/E ratio of 16.17 and a beta of 0.67. The firm has a 50-day simple moving average of $222.75 and a 200-day simple moving average of $217.26. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 12-month low of $153.03 and a 12-month 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 earnings per share for the quarter, beating the consensus estimate of $2.74 by $1.59. The business had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. As a group, analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Friday, May 9th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Friday, May 9th. Cheniere Energy's dividend payout ratio (DPR) is 14.05%.

Wall Street Analyst Weigh In

LNG has been the topic of several analyst reports. Barclays lifted their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. Mizuho boosted their price objective on Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. JPMorgan Chase & Co. upped their price objective on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday. Stifel Nicolaus cut their target price on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Bank of America increased their target price on Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $251.46.

Cheniere Energy 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.