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Worldquant Millennium Advisors LLC Has $73.16 Million Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Cheniere Energy logo with Energy background

Worldquant Millennium Advisors LLC boosted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 124.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 340,501 shares of the energy company's stock after purchasing an additional 188,892 shares during the quarter. Worldquant Millennium Advisors LLC owned 0.15% of Cheniere Energy worth $73,163,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of LNG. Norges Bank bought a new stake in Cheniere Energy in the 4th quarter valued at $629,197,000. Ninety One UK Ltd increased its holdings in Cheniere Energy by 1,400.7% in the 4th quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company's stock valued at $324,393,000 after buying an additional 1,409,116 shares during the period. Two Sigma Advisers LP increased its holdings in Cheniere Energy by 84.6% in the 4th quarter. Two Sigma Advisers LP now owns 1,651,500 shares of the energy company's stock valued at $354,858,000 after buying an additional 756,900 shares during the period. Robeco Institutional Asset Management B.V. increased its holdings in Cheniere Energy by 61.2% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company's stock valued at $357,638,000 after buying an additional 631,787 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Cheniere Energy in the 4th quarter valued at $130,772,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Price Performance

NYSE LNG traded up $0.62 on Friday, hitting $229.13. 1,351,360 shares of the company were exchanged, compared to its average volume of 1,868,020. The firm has a 50 day moving average of $227.79 and a two-hundred day moving average of $223.10. The company has a market cap of $50.82 billion, a P/E ratio of 16.10 and a beta of 0.41. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 1-year low of $153.03 and a 1-year high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The energy company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.81 by ($1.24). The company had revenue of $5.44 billion for the quarter, compared to analyst estimates of $4.73 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm's quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter last year, the company earned $2.13 EPS. On average, equities analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were given a dividend of $0.50 per share. The ex-dividend date was Friday, May 9th. This represents a $2.00 annualized dividend and a yield of 0.87%. Cheniere Energy's dividend payout ratio (DPR) is 14.63%.

Insider Buying and Selling

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.26% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Scotiabank lowered their price target on shares of Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a report on Tuesday, April 29th. UBS Group reaffirmed a "buy" rating and issued a $277.00 target price on shares of Cheniere Energy in a report on Tuesday, March 18th. Bank of America upped their target price on shares of Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Wolfe Research lowered shares of Cheniere Energy from an "outperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Finally, Argus started coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 target price on the stock. Two 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 stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $252.23.

Get Our Latest Report on Cheniere Energy

Cheniere Energy Company Profile

(Free Report)

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.

Further Reading

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

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