Catalyst Capital Advisors LLC Grows Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Catalyst Capital Advisors LLC increased its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 12.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 186,817 shares of the energy company's stock after acquiring an additional 20,005 shares during the period. Cheniere Energy comprises 0.9% of Catalyst Capital Advisors LLC's holdings, making the stock its 22nd largest holding. Catalyst Capital Advisors LLC owned approximately 0.08% of Cheniere Energy worth $43,229,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Norges Bank acquired a new stake in Cheniere Energy in the fourth quarter valued at approximately $629,197,000. Two Sigma Advisers LP raised its stake in shares of Cheniere Energy by 84.6% during the fourth quarter. Two Sigma Advisers LP now owns 1,651,500 shares of the energy company's stock valued at $354,858,000 after acquiring an additional 756,900 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Cheniere Energy during the fourth quarter worth $130,772,000. Proficio Capital Partners LLC lifted its holdings in shares of Cheniere Energy by 18,281.6% during the fourth 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 period. Finally, Invesco Ltd. lifted its holdings in shares of Cheniere Energy by 16.1% during the fourth quarter. Invesco Ltd. now owns 3,237,303 shares of the energy company's stock worth $695,599,000 after purchasing an additional 450,031 shares during the period. Institutional investors and hedge funds own 87.26% of the company's stock.

Cheniere Energy Stock Down 0.1%

LNG traded down $0.24 during midday trading on Thursday, hitting $234.76. The company had a trading volume of 1,295,420 shares, compared to its average volume of 1,897,782. Cheniere Energy, Inc. has a 52 week low of $154.82 and a 52 week high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The company has a market capitalization of $52.07 billion, a price-to-earnings ratio of 16.50 and a beta of 0.43. The stock's 50 day moving average price is $230.91 and its 200 day moving average price is $225.12.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The energy company reported $1.57 earnings per share 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 company had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $4.73 billion. During the same period last year, the firm posted $2.13 earnings per share. The company's revenue for the quarter was up 28.0% on a year-over-year basis. On average, research analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, May 9th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.85%. The ex-dividend date was Friday, May 9th. Cheniere Energy's dividend payout ratio (DPR) is currently 14.63%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. TD Cowen lifted their price target on shares of Cheniere Energy from $250.00 to $260.00 and gave the stock a "buy" rating in a report on Friday, May 9th. JPMorgan Chase & Co. lifted their price target on shares of Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Wall Street Zen lowered shares of Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Argus assumed coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price target on the stock. Finally, Mizuho lifted their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $252.23.

Insider Buying and Selling at Cheniere Energy

In other news, Director Neal A. Shear sold 4,300 shares of the business's stock in a transaction dated 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 sale, the director now directly owns 29,733 shares of the company's stock, valued at $7,312,236.69. The trade was a 12.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.26% of the company's stock.

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.