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B. Metzler seel. Sohn & Co. AG Grows Holdings in Cheniere Energy, Inc. $LNG

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B. Metzler seel. Sohn & Co. AG increased its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 12.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 38,526 shares of the energy company's stock after buying an additional 4,145 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Cheniere Energy were worth $9,208,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in LNG. Norges Bank bought a new stake in Cheniere Energy in the fourth quarter valued at about $731,774,000. Bank of New York Mellon Corp acquired a new stake in Cheniere Energy during the second quarter valued at approximately $502,015,000. Wellington Management Group LLP lifted its holdings in Cheniere Energy by 210.1% during the 2nd quarter. Wellington Management Group LLP now owns 2,444,403 shares of the energy company's stock worth $584,237,000 after buying an additional 1,656,194 shares during the last quarter. Marshall Wace LLP grew its position in shares of Cheniere Energy by 555.0% in the 4th quarter. Marshall Wace LLP now owns 810,138 shares of the energy company's stock worth $157,483,000 after acquiring an additional 686,459 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp grew its position in shares of Cheniere Energy by 6,513.7% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 564,742 shares of the energy company's stock worth $160,251,000 after acquiring an additional 556,203 shares in the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Up 0.6%

Shares of Cheniere Energy stock opened at $295.94 on Thursday. The stock has a market capitalization of $61.12 billion and a price-to-earnings ratio of 22.04. Cheniere Energy, Inc. has a twelve month low of $186.20 and a twelve month high of $300.89. The company has a current ratio of 0.87, a quick ratio of 0.72 and a debt-to-equity ratio of 1.97. The business's 50 day simple moving average is $263.95 and its 200-day simple moving average is $255.05.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.11 by ($0.09). The company had revenue of $5.73 billion for the quarter, compared to analyst estimates of $4.92 billion. Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The company's revenue for the quarter was up 23.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $7.30 EPS. Equities research analysts forecast that Cheniere Energy, Inc. will post 16.36 earnings per share for the current year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 18th. Investors of record on Monday, August 10th were given a $0.555 dividend. The ex-dividend date was Monday, August 10th. This represents a $2.22 annualized dividend and a yield of 0.8%. Cheniere Energy's dividend payout ratio (DPR) is currently 16.53%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their price target on Cheniere Energy from $327.00 to $334.00 and gave the company an "overweight" rating in a report on Friday, July 24th. Benchmark restated an "outperform" rating on shares of Cheniere Energy in a research note on Tuesday, May 26th. Argus set a $330.00 price objective on shares of Cheniere Energy in a report on Tuesday, August 18th. Wall Street Zen upgraded shares of Cheniere Energy from a "sell" rating to a "hold" rating in a research note on Saturday, July 25th. Finally, Barclays increased their target price on shares of Cheniere Energy from $274.00 to $279.00 and gave the stock an "overweight" rating in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $304.35.

Read Our Latest Report on LNG

About Cheniere Energy

(Free Report)

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company's core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere's principal operating assets are large-scale LNG export terminals located on the U.S.

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Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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