Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Fairview Capital Investment Management LLC

Fairview Capital Investment Management LLC lessened its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 0.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 605,369 shares of the energy company's stock after selling 2,066 shares during the quarter. Cheniere Energy accounts for about 6.7% of Fairview Capital Investment Management LLC's investment portfolio, making the stock its 2nd largest holding. Fairview Capital Investment Management LLC owned approximately 0.27% of Cheniere Energy worth $130,076,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank purchased a new position in Cheniere Energy in the 4th quarter worth approximately $629,197,000. Ninety One UK Ltd boosted its holdings in Cheniere Energy by 1,400.7% in the 4th quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company's stock worth $324,393,000 after acquiring an additional 1,409,116 shares during the period. Robeco Institutional Asset Management B.V. boosted its holdings in Cheniere Energy by 61.2% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company's stock worth $357,638,000 after acquiring an additional 631,787 shares during the period. Raymond James Financial Inc. purchased a new stake in Cheniere Energy during the 4th quarter worth approximately $130,772,000. Finally, Proficio Capital Partners LLC increased its holdings in 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 worth $123,743,000 after purchasing an additional 572,764 shares during the last quarter. Institutional investors and hedge funds own 87.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. StockNews.com downgraded shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Mizuho raised their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Argus assumed coverage on shares of Cheniere Energy in a research report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price target for the company. Barclays raised their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Finally, Morgan Stanley raised their price objective on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Cheniere Energy presently has an average rating of "Moderate Buy" and a consensus price target of $252.23.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company'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 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 $7,448,852.34. This represents a 20.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.26% of the company's stock.

Cheniere Energy Stock Down 0.1%

Shares of NYSE LNG traded down $0.19 during trading hours on Wednesday, hitting $232.53. The stock had a trading volume of 911,599 shares, compared to its average volume of 1,859,476. The company has a market capitalization of $51.81 billion, a P/E ratio of 16.34 and a beta of 0.41. The firm's 50-day moving average price is $225.44 and its two-hundred day moving average price is $220.68. Cheniere Energy, Inc. has a 52 week low of $153.03 and a 52 week high of $257.65. 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 (NYSE:LNG - Get Free Report) last released its quarterly 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). The company had revenue of $5.44 billion for the quarter, compared to the consensus estimate of $4.73 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business's revenue was up 28.0% compared to the same quarter last year. During the same quarter last year, the company posted $2.13 EPS. Analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

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