Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Chickasaw Capital Management LLC

Chickasaw Capital Management LLC lifted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 42.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 763,949 shares of the energy company's stock after purchasing an additional 228,498 shares during the period. Cheniere Energy comprises about 6.8% of Chickasaw Capital Management LLC's investment portfolio, making the stock its 8th biggest holding. Chickasaw Capital Management LLC owned about 0.34% of Cheniere Energy worth $176,778,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of LNG. Norges Bank bought a new stake in shares of Cheniere Energy during the fourth quarter valued at approximately $629,197,000. Ninety One UK Ltd raised its holdings in shares of Cheniere Energy by 1,400.7% during the fourth 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 last quarter. Two Sigma Advisers LP raised its holdings in shares of Cheniere Energy by 84.6% during the fourth 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 last quarter. Raymond James Financial Inc. bought a new stake in shares of Cheniere Energy during the fourth quarter valued at approximately $130,772,000. Finally, Proficio Capital Partners LLC raised its holdings in shares of Cheniere Energy by 18,281.6% during the fourth quarter. Proficio Capital Partners LLC now owns 575,897 shares of the energy company's stock valued at $123,743,000 after buying an additional 572,764 shares during the last quarter. Institutional investors own 87.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on LNG shares. UBS Group reiterated a "buy" rating and set a $277.00 price objective on shares of Cheniere Energy in a research note on Tuesday, March 18th. Bank of America raised their price objective on shares of Cheniere Energy from $254.00 to $258.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Raymond James restated a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Mizuho lifted their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. 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 report on Tuesday, April 22nd. 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.com, Cheniere Energy currently has an average rating of "Moderate Buy" and a consensus target price of $252.23.

Cheniere Energy Trading Down 1.3%

NYSE LNG traded down $3.07 on Wednesday, hitting $241.26. 1,875,652 shares of the stock were exchanged, compared to its average volume of 1,875,226. Cheniere Energy, Inc. has a 52-week low of $154.82 and a 52-week high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The company has a market capitalization of $53.51 billion, a price-to-earnings ratio of 16.95 and a beta of 0.41. The company's 50-day moving average price is $228.61 and its two-hundred day moving average price is $224.36.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued 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). The company had revenue of $5.44 billion for the quarter, compared to analyst estimates of $4.73 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company'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. Research analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend was Friday, May 9th. Cheniere Energy's dividend payout ratio (DPR) 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.