Ensign Peak Advisors Inc Has $251.38 Million Stake in Cheniere Energy, Inc. (NYSE:LNG)

Ensign Peak Advisors Inc trimmed its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 5.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,169,930 shares of the energy company's stock after selling 72,106 shares during the period. Ensign Peak Advisors Inc owned approximately 0.52% of Cheniere Energy worth $251,383,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. World Investment Advisors LLC acquired a new stake in shares of Cheniere Energy during the third quarter worth $225,000. Diversified Trust Co acquired a new stake in shares of Cheniere Energy during the fourth quarter worth $614,000. First Hawaiian Bank raised its holdings in shares of Cheniere Energy by 7.9% during the fourth quarter. First Hawaiian Bank now owns 12,076 shares of the energy company's stock worth $2,595,000 after purchasing an additional 889 shares during the period. Franklin Street Advisors Inc. NC acquired a new stake in shares of Cheniere Energy during the fourth quarter worth $7,046,000. Finally, ORG Wealth Partners LLC raised its holdings in shares of Cheniere Energy by 512.0% during the fourth quarter. ORG Wealth Partners LLC now owns 1,787 shares of the energy company's stock worth $384,000 after purchasing an additional 1,495 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on LNG shares. Wolfe Research lowered Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Barclays raised their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Mizuho raised their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Morgan Stanley raised their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. raised their price target on shares of Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a research note on Monday, April 28th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $252.23.

Cheniere Energy Trading Down 1.6%

LNG traded down $3.83 during trading on Friday, reaching $233.48. 2,580,012 shares of the company's stock were exchanged, compared to its average volume of 1,862,781. The company's fifty day moving average price is $224.83 and its 200-day moving average price is $220.27. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a fifty-two week low of $153.03 and a fifty-two week high of $257.65. The firm has a market capitalization of $52.02 billion, a PE ratio of 16.41 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced 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). Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter in the prior year, the business earned $2.13 earnings per share. The business's revenue was up 28.0% on a year-over-year basis. As a group, equities analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, May 19th. Shareholders of record on Friday, May 9th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Friday, May 9th. Cheniere Energy's dividend payout ratio is 14.63%.

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 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 directly 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 filing with the Securities & Exchange Commission, which is accessible through this link. 0.26% of the stock is owned by insiders.

Cheniere Energy Company 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.