1,937 Shares in Cheniere Energy, Inc. (NYSE:LNG) Acquired by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. purchased a new position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,937 shares of the energy company's stock, valued at approximately $461,000.

Several other institutional investors have also added to or reduced their stakes in the business. The Manufacturers Life Insurance Company raised its position in Cheniere Energy by 4.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 5,681,846 shares of the energy company's stock worth $1,220,858,000 after acquiring an additional 243,418 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of Cheniere Energy by 12.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,660,545 shares of the energy company's stock valued at $1,078,450,000 after purchasing an additional 534,033 shares during the period. Invesco Ltd. raised its position in shares of Cheniere Energy by 16.1% during the 4th quarter. Invesco Ltd. now owns 3,237,303 shares of the energy company's stock valued at $695,599,000 after purchasing an additional 450,031 shares during the period. Norges Bank bought a new stake in shares of Cheniere Energy during the 4th quarter valued at $629,197,000. Finally, Dimensional Fund Advisors LP raised its position in shares of Cheniere Energy by 2.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,184,891 shares of the energy company's stock valued at $469,448,000 after purchasing an additional 59,281 shares during the period. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Stock Up 5.5%

Shares of NYSE:LNG traded up $12.68 during trading hours on Friday, hitting $244.35. The company's stock had a trading volume of 5,467,479 shares, compared to its average volume of 2,129,299. Cheniere Energy, Inc. has a 52 week low of $167.66 and a 52 week high of $257.65. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.19 and a quick ratio of 1.06. The company has a market capitalization of $54.19 billion, a price-to-earnings ratio of 17.87 and a beta of 0.42. The firm's fifty day moving average price is $235.66 and its 200 day moving average price is $228.84.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The energy company reported $1.57 EPS for the quarter, missing the consensus estimate of $2.81 by ($1.24). The business had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $4.73 billion. Cheniere Energy had a net margin of 18.37% and a return on equity of 32.62%. The company's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.13 EPS. As a group, research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 18th. Investors of record on Friday, August 8th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, August 8th. This represents a $2.00 annualized dividend and a dividend yield of 0.82%. Cheniere Energy's dividend payout ratio (DPR) is presently 14.63%.

Analyst Ratings Changes

Several brokerages have recently commented on LNG. Raymond James Financial restated a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Wolfe Research downgraded shares of Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Cowen reaffirmed a "buy" rating on shares of Cheniere Energy in a research note on Wednesday, June 25th. Wells Fargo & Company set a $267.00 target price on shares of Cheniere Energy and gave the company an "overweight" rating in a research note on Wednesday, June 25th. Finally, Wall Street Zen cut shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $260.36.

Insider Activity at Cheniere Energy

In related news, Director Neal A. Shear sold 4,300 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $245.93, for a total transaction of $1,057,499.00. Following the completion of the transaction, the director owned 29,733 shares in the company, valued at $7,312,236.69. The trade was a 12.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.26% of the stock is currently owned by company insiders.

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.