Copeland Capital Management LLC Has $9.50 Million Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Copeland Capital Management LLC cut its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 25.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,051 shares of the energy company's stock after selling 14,068 shares during the quarter. Copeland Capital Management LLC's holdings in Cheniere Energy were worth $9,499,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in LNG. WR Wealth Planners LLC lifted its stake in Cheniere Energy by 373.1% in the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after acquiring an additional 97 shares during the last quarter. REAP Financial Group LLC lifted its stake in Cheniere Energy by 150.0% in the fourth quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock valued at $27,000 after acquiring an additional 75 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Cheniere Energy in the fourth quarter valued at approximately $29,000. Banque Transatlantique SA acquired a new stake in Cheniere Energy in the fourth quarter valued at approximately $32,000. Finally, Nemes Rush Group LLC lifted its stake in Cheniere Energy by 2,022.2% in the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after acquiring an additional 182 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on LNG. TD Cowen lifted their target price on shares of Cheniere Energy from $260.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday. Stifel Nicolaus reduced their price objective on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Bank of America boosted their price objective on shares of Cheniere Energy from $258.00 to $271.00 and gave the stock a "buy" rating in a research note on Wednesday. Mizuho boosted their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday, April 28th. 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. According to data from MarketBeat.com, Cheniere Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $258.36.

Insider Transactions at Cheniere Energy

In other news, Director Neal A. Shear sold 4,300 shares of the firm's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $245.93, for a total transaction of $1,057,499.00. Following the completion of the transaction, the director now directly owns 29,733 shares of the company's stock, valued at approximately $7,312,236.69. This trade represents a 12.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.26% of the stock is owned by insiders.

Cheniere Energy Price Performance

NYSE:LNG opened at $239.87 on Friday. The stock has a market cap of $53.20 billion, a P/E ratio of 17.55, a PEG ratio of 5.18 and a beta of 0.43. Cheniere Energy, Inc. has a one year low of $167.66 and a one year high of $257.65. The company has a fifty day moving average price of $234.64 and a 200 day moving average price of $226.37. 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 (NYSE:LNG - Get Free Report) last released 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). 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 for the quarter, compared to analyst estimates of $4.73 billion. During the same quarter in the previous year, the company earned $2.13 earnings per share. Cheniere Energy's revenue for the quarter was up 28.0% compared to the same quarter last year. Analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 18th. Stockholders of record on Friday, August 8th will be issued 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 is Friday, August 8th. Cheniere Energy's payout ratio is 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.