Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC grew its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 6.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 51,781 shares of the energy company's stock after purchasing an additional 3,252 shares during the period. Gateway Investment Advisers LLC's holdings in Cheniere Energy were worth $11,982,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. The Manufacturers Life Insurance Company grew its position in Cheniere Energy by 4.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 5,681,846 shares of the energy company's stock valued at $1,220,858,000 after buying an additional 243,418 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Cheniere Energy by 10.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,126,512 shares of the energy company's stock valued at $886,664,000 after acquiring an additional 379,142 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Cheniere Energy by 16.1% in the fourth quarter. Invesco Ltd. now owns 3,237,303 shares of the energy company's stock valued at $695,599,000 after acquiring an additional 450,031 shares in the last quarter. Norges Bank acquired a new position in shares of Cheniere Energy during the fourth quarter valued at approximately $629,197,000. Finally, Amundi raised its holdings in Cheniere Energy by 19.9% during the fourth quarter. Amundi now owns 2,696,002 shares of the energy company's stock worth $606,907,000 after purchasing an additional 448,189 shares in the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $245.93, for a total value of $1,057,499.00. Following the completion of the sale, the director now owns 29,733 shares in the company, valued at $7,312,236.69. This represents a 12.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.26% of the stock is owned by corporate insiders.

Cheniere Energy Trading Down 0.4%

NYSE LNG opened at $243.02 on Friday. The firm's 50 day moving average price is $229.40 and its two-hundred day moving average price is $224.86. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a twelve month low of $154.82 and a twelve month high of $257.65. The stock has a market cap of $53.90 billion, a price-to-earnings ratio of 17.08 and a beta of 0.43.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its 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 analyst estimates of $4.73 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business's quarterly revenue was up 28.0% on a year-over-year basis. During the same period last year, the business earned $2.13 EPS. Equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, May 9th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.00 annualized dividend and a yield of 0.82%. Cheniere Energy's dividend payout ratio (DPR) is presently 14.63%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LNG. Scotiabank lowered their price target on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a research report on Tuesday, April 29th. Wolfe Research lowered Cheniere Energy from an "outperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Wall Street Zen cut shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. JPMorgan Chase & Co. upped their price target on shares of Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, April 28th. Finally, Raymond James reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a research note on Wednesday, April 23rd. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $252.23.

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.

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