Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 33.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,820 shares of the energy company's stock after selling 11,115 shares during the period. Nisa Investment Advisors LLC's holdings in Cheniere Energy were worth $5,049,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in Cheniere Energy in the 4th quarter valued at about $629,197,000. Two Sigma Advisers LP increased its position 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 acquiring an additional 756,900 shares during the period. Invesco Ltd. increased its position in Cheniere Energy by 16.1% in the 4th 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 during the period. Massachusetts Financial Services Co. MA increased its position in Cheniere Energy by 10.1% in the 4th 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 during the period. Finally, GAMMA Investing LLC increased its position in Cheniere Energy by 25,232.4% in the 1st quarter. GAMMA Investing LLC now owns 342,241 shares of the energy company's stock valued at $79,195,000 after acquiring an additional 340,890 shares during the period. Institutional investors and hedge funds own 87.26% of the company's stock.

Insider Transactions at Cheniere Energy

In related 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 value of $1,057,499.00. Following the sale, the director owned 29,733 shares of the company's stock, valued at approximately $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 can be accessed through this hyperlink. Insiders own 0.26% of the company's stock.

Analyst Ratings Changes

LNG has been the topic of several recent research reports. Bank of America boosted their price target on Cheniere Energy from $258.00 to $271.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. JPMorgan Chase & Co. boosted their price target on Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, April 28th. TD Cowen boosted their price target on Cheniere Energy from $260.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Wolfe Research cut Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Finally, Wall Street Zen cut Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $258.36.

Cheniere Energy Price Performance

Shares of NYSE:LNG opened at $235.08 on Friday. The business's 50 day simple moving average is $235.79 and its 200-day simple moving average is $228.17. The firm has a market capitalization of $52.14 billion, a price-to-earnings ratio of 17.20 and a beta of 0.42. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.19 and a quick ratio of 1.06. Cheniere Energy, Inc. has a 12 month low of $167.66 and a 12 month high of $257.65.

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 (EPS) for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). Cheniere Energy had a net margin of 18.37% and a return on equity of 32.62%. The company had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.73 billion. During the same period in the previous year, the company posted $2.13 EPS. Cheniere Energy's quarterly revenue was up 28.0% compared to the same quarter last year. As a group, equities analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 18th. Investors of record on Friday, August 8th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Friday, August 8th. Cheniere Energy's payout ratio is currently 14.63%.

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.

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