Ensign Peak Advisors Inc Sells 72,106 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Ensign Peak Advisors Inc trimmed its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 5.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 0.52% of Cheniere Energy worth $251,383,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its position in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock worth $26,000 after purchasing an additional 75 shares during the last quarter. WR Wealth Planners LLC boosted its position in shares of Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after purchasing an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Cheniere Energy in the 4th quarter worth $29,000. Banque Transatlantique SA bought a new position in shares of Cheniere Energy in the 4th quarter worth $32,000. Finally, Nemes Rush Group LLC boosted its position in shares of Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock worth $41,000 after purchasing an additional 182 shares during the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Down 0.1%

LNG traded down $0.19 on Wednesday, hitting $232.53. 911,599 shares of the company were exchanged, compared to its average volume of 1,859,476. Cheniere Energy, Inc. has a 12 month low of $153.03 and a 12 month high of $257.65. The company has a market cap of $51.81 billion, a PE ratio of 16.34 and a beta of 0.41. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The stock's fifty day moving average is $225.44 and its 200-day moving average is $220.68.

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

Cheniere Energy Dividend Announcement

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

Analyst Upgrades and Downgrades

LNG has been the topic of several recent research reports. Stifel Nicolaus reduced their price target on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. StockNews.com cut shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Barclays upped their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. Scotiabank lowered their price objective on shares of Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating for the company in a research report on Tuesday, April 29th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, April 28th. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $252.23.

Insider Buying and Selling

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the business's stock in a transaction that occurred on 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 transaction, the director now owns 33,934 shares of the company's stock, valued at $7,448,852.34. The trade was a 20.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.26% of the stock is currently owned by corporate 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.