Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale decreased its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 10.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,496 shares of the energy company's stock after selling 14,437 shares during the period. DekaBank Deutsche Girozentrale owned about 0.05% of Cheniere Energy worth $26,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. REAP Financial Group LLC lifted its holdings 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. Banque Transatlantique SA purchased a new position in Cheniere Energy in the fourth quarter worth approximately $32,000. Cooksen Wealth LLC purchased a new position in Cheniere Energy in the first quarter worth approximately $38,000. Nemes Rush Group LLC grew its position 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 worth $41,000 after acquiring an additional 182 shares during the period. Finally, Ameriflex Group Inc. purchased a new position in Cheniere Energy in the fourth quarter worth approximately $42,000. Institutional investors and hedge funds own 87.26% of the company's stock.

Cheniere Energy Trading Up 0.4%

Shares of NYSE LNG traded up $0.85 during trading on Friday, hitting $235.08. 1,706,075 shares of the company traded hands, compared to its average volume of 1,845,504. Cheniere Energy, Inc. has a 1 year low of $167.66 and a 1 year high of $257.65. The company has a 50-day moving average price of $235.79 and a 200-day moving average price of $228.17. The firm has a market capitalization of $52.14 billion, a P/E ratio of 17.20 and a beta of 0.42. The company has a quick ratio of 1.06, a current ratio of 1.19 and a debt-to-equity ratio of 2.24.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data 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). 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 analysts' expectations of $4.73 billion. During the same period in the prior year, the firm earned $2.13 earnings per share. The firm's quarterly revenue was up 28.0% on a year-over-year basis. 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 disclosed a quarterly dividend, which will be paid on Monday, August 18th. Stockholders of record on Friday, August 8th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, August 8th. This represents a $2.00 annualized dividend and a dividend yield of 0.85%. Cheniere Energy's dividend payout ratio is presently 14.63%.

Insider Activity

In related news, Director Neal A. Shear sold 4,300 shares of the company's stock in a transaction on 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 sale, the director directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.26% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on LNG. Scotiabank lowered their price objective on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating for the company in a research report on Tuesday, April 29th. Wells Fargo & Company set a $267.00 price target on Cheniere Energy and gave the stock an "overweight" rating in a research note on Wednesday, June 25th. Jefferies Financial Group set a $288.00 price target on Cheniere Energy and gave the stock a "buy" rating in a research note on Thursday, June 26th. Cowen restated a "buy" rating on shares of Cheniere Energy in a research note on Wednesday, June 25th. Finally, Argus initiated coverage on Cheniere Energy in a research note on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price objective on the stock. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $258.36.

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.