AEGON ASSET MANAGEMENT UK Plc Sells 2,350 Shares of Cheniere Energy, Inc. (NYSE:LNG)

AEGON ASSET MANAGEMENT UK Plc reduced its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 4.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 52,284 shares of the energy company's stock after selling 2,350 shares during the period. AEGON ASSET MANAGEMENT UK Plc's holdings in Cheniere Energy were worth $12,099,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in LNG. WR Wealth Planners LLC raised its holdings in 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 purchasing an additional 97 shares during the last quarter. REAP Financial Group LLC raised its stake in shares of Cheniere Energy by 150.0% during the fourth quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock worth $27,000 after buying an additional 75 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in Cheniere Energy in the fourth quarter valued at approximately $29,000. Banque Transatlantique SA bought a new position in Cheniere Energy in the fourth quarter valued at approximately $32,000. Finally, Nemes Rush Group LLC grew its holdings in 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 period. Institutional investors own 87.26% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Wolfe Research lowered Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. UBS Group restated a "buy" rating and set a $277.00 target price on shares of Cheniere Energy in a research report on Tuesday, March 18th. TD Cowen increased their price target on shares of Cheniere Energy from $250.00 to $260.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Argus began coverage on shares of Cheniere Energy in a research note on Tuesday, March 18th. They set a "buy" rating and a $255.00 price objective on the stock. Finally, JPMorgan Chase & Co. upped their target price 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 research 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's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $252.23.

Cheniere Energy Stock Up 1.1%

Shares of LNG stock traded up $2.62 on Thursday, hitting $243.51. 1,991,452 shares of the stock were exchanged, compared to its average volume of 1,876,413. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a fifty-two week low of $154.82 and a fifty-two week high of $257.65. The firm has a market capitalization of $54.01 billion, a P/E ratio of 17.11 and a beta of 0.43. The business has a 50-day moving average of $228.91 and a 200 day moving average of $224.48.

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

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date was Friday, May 9th. Cheniere Energy's payout ratio is currently 14.63%.

About Cheniere Energy

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.