Cheniere Energy, Inc. (NYSE:LNG) is Ausbil Investment Management Ltd's 6th Largest Position

Ausbil Investment Management Ltd increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 20.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,216 shares of the energy company's stock after purchasing an additional 4,678 shares during the quarter. Cheniere Energy accounts for 4.1% of Ausbil Investment Management Ltd's holdings, making the stock its 6th largest holding. Ausbil Investment Management Ltd's holdings in Cheniere Energy were worth $6,298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Martin Investment Management LLC grew its stake in Cheniere Energy by 615.4% during the 4th quarter. Martin Investment Management LLC now owns 28,223 shares of the energy company's stock worth $6,064,000 after purchasing an additional 24,278 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Cheniere Energy by 3.8% during the 4th quarter. Bessemer Group Inc. now owns 37,378 shares of the energy company's stock worth $8,032,000 after acquiring an additional 1,359 shares in the last quarter. LPL Financial LLC boosted its position in shares of Cheniere Energy by 27.0% during the 4th quarter. LPL Financial LLC now owns 293,201 shares of the energy company's stock worth $63,000,000 after acquiring an additional 62,338 shares in the last quarter. Gateway Investment Advisers LLC boosted its position in shares of Cheniere Energy by 6.7% during the 1st quarter. Gateway Investment Advisers LLC now owns 51,781 shares of the energy company's stock worth $11,982,000 after acquiring an additional 3,252 shares in the last quarter. Finally, Amundi boosted its position in shares of Cheniere Energy by 19.9% during the 4th quarter. Amundi now owns 2,696,002 shares of the energy company's stock worth $606,907,000 after acquiring an additional 448,189 shares in the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Performance

Shares of Cheniere Energy stock traded down $2.09 on Monday, hitting $232.86. The stock had a trading volume of 1,412,137 shares, compared to its average volume of 1,880,465. Cheniere Energy, Inc. has a 52-week low of $165.25 and a 52-week high of $257.65. 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 stock has a market cap of $51.65 billion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 4.90 and a beta of 0.43. The company's 50 day moving average price is $233.83 and its 200 day moving average price is $225.74.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its 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). The firm 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 firm's revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.13 earnings per share. On average, research analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 18th. Shareholders of record on Friday, August 8th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend is Friday, August 8th. Cheniere Energy's dividend payout ratio is presently 14.63%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. upped their price objective on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a research report on Monday, April 28th. Bank of America upped their price objective on Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Mizuho upped their price objective on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Finally, TD Cowen upped their price objective on Cheniere Energy from $250.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $252.23.

Insider Buying and Selling at Cheniere Energy

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of the company's stock in a transaction that occurred on Thursday, June 5th. The stock was 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. This represents a 12.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.26% of the stock is owned by company insiders.

Cheniere Energy Company 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.