Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Nwam LLC

Nwam LLC trimmed its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 18.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,637 shares of the energy company's stock after selling 3,873 shares during the period. Nwam LLC's holdings in Cheniere Energy were worth $3,850,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. REAP Financial Group LLC grew its position in Cheniere Energy by 150.0% during the fourth quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock valued at $27,000 after buying an additional 75 shares during the period. Banque Transatlantique SA bought a new position in shares of Cheniere Energy in the fourth quarter worth approximately $32,000. Cooksen Wealth LLC bought a new position in shares of Cheniere Energy in the first quarter worth approximately $38,000. Nemes Rush Group LLC boosted its position in shares of Cheniere Energy by 2,022.2% in the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock worth $41,000 after purchasing an additional 182 shares during the period. Finally, Ameriflex Group Inc. bought a new position in shares of Cheniere Energy in the fourth quarter worth approximately $42,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Cheniere Energy

In other news, Director Neal A. Shear sold 4,300 shares of Cheniere Energy 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 directly owned 29,733 shares of the company's stock, valued at $7,312,236.69. The trade was a 12.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.26% of the company's stock.

Cheniere Energy Stock Up 5.5%

Shares of NYSE:LNG traded up $12.68 during trading on Friday, reaching $244.35. The stock had a trading volume of 5,482,972 shares, compared to its average volume of 1,857,775. Cheniere Energy, Inc. has a one year low of $167.66 and a one year high of $257.65. The company has a market capitalization of $54.19 billion, a P/E ratio of 17.87 and a beta of 0.42. The company has a current ratio of 1.19, a quick ratio of 1.06 and a debt-to-equity ratio of 2.24. The firm's 50-day simple moving average is $235.88 and its 200 day simple moving average is $229.04.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.73 billion. Cheniere Energy had a net margin of 18.37% and a return on equity of 32.62%. The business's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.13 earnings per share. As a group, research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 18th. Shareholders of record on Friday, August 8th will be given 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 of this dividend is Friday, August 8th. Cheniere Energy's dividend payout ratio is presently 14.63%.

Wall Street Analysts Forecast Growth

LNG has been the subject of a number of research reports. Wolfe Research lowered shares of Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Wells Fargo & Company set a $267.00 price target on shares of Cheniere Energy and gave the company an "overweight" rating in a research note on Wednesday, June 25th. Barclays reaffirmed an "overweight" rating and set a $262.00 price target (up previously from $253.00) on shares of Cheniere Energy in a research note on Tuesday. Jefferies Financial Group set a $288.00 price target on shares of Cheniere Energy and gave the company a "buy" rating in a research note on Thursday, June 26th. Finally, Stifel Nicolaus decreased their price target on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $260.36.

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.