DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Sells 16,500 Shares of Cheniere Energy, Inc. (NYSE:LNG)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lowered its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 34.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,995 shares of the energy company's stock after selling 16,500 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in Cheniere Energy were worth $6,660,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of LNG. Diversified Trust Co acquired a new position in Cheniere Energy in the 4th quarter worth about $614,000. Franklin Street Advisors Inc. NC bought a new position in Cheniere Energy in the fourth quarter worth approximately $7,046,000. ORG Wealth Partners LLC boosted its holdings in Cheniere Energy by 512.0% in the fourth quarter. ORG Wealth Partners LLC now owns 1,787 shares of the energy company's stock worth $384,000 after acquiring an additional 1,495 shares in the last quarter. Brookstone Capital Management boosted its holdings in Cheniere Energy by 13.4% in the fourth quarter. Brookstone Capital Management now owns 1,875 shares of the energy company's stock worth $403,000 after acquiring an additional 221 shares in the last quarter. Finally, Kieckhefer Group LLC purchased a new stake in shares of Cheniere Energy in the fourth quarter worth approximately $208,000. Institutional investors and hedge funds own 87.26% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Argus assumed coverage on Cheniere Energy in a research report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price target for the company. Wolfe Research downgraded Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. UBS Group reaffirmed a "buy" rating and set a $277.00 price target on shares of Cheniere Energy in a research report on Tuesday, March 18th. Bank of America increased their price objective on Cheniere Energy from $254.00 to $258.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Finally, JPMorgan Chase & Co. increased their price objective on Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, April 28th. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $252.23.

Insider Buying and Selling at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the firm's 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 sale, the director now owns 33,934 shares in the company, valued at approximately $7,448,852.34. This trade represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.26% of the company's stock.

Cheniere Energy Price Performance

NYSE LNG traded up $1.72 during trading hours on Thursday, reaching $234.97. 569,154 shares of the stock traded hands, compared to its average volume of 1,858,131. The stock has a 50 day simple moving average of $225.67 and a two-hundred day simple moving average of $220.76. Cheniere Energy, Inc. has a 1 year low of $153.03 and a 1 year high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The company has a market cap of $52.35 billion, a price-to-earnings ratio of 16.50 and a beta of 0.41.

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

Cheniere Energy Dividend Announcement

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

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.