Cheniere Energy, Inc. (NYSE:LNG) Stock Holdings Boosted by Generate Investment Management Ltd

Generate Investment Management Ltd raised its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 621.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 156,082 shares of the energy company's stock after purchasing an additional 134,439 shares during the period. Cheniere Energy accounts for approximately 2.5% of Generate Investment Management Ltd's investment portfolio, making the stock its 8th biggest position. Generate Investment Management Ltd owned approximately 0.07% of Cheniere Energy worth $36,117,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. WR Wealth Planners LLC raised its position in shares of Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after acquiring an additional 97 shares in the last quarter. REAP Financial Group LLC raised its position in shares of Cheniere Energy by 150.0% in the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock worth $27,000 after acquiring an additional 75 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Cheniere Energy in the 4th quarter worth about $29,000. Banque Transatlantique SA bought a new position in shares of Cheniere Energy in the 4th quarter worth about $32,000. Finally, Nemes Rush Group LLC raised its position in shares of Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock worth $41,000 after acquiring an additional 182 shares in the last quarter. 87.26% of the stock is owned by institutional investors.

Insider Transactions at Cheniere Energy

In other news, Director Neal A. Shear sold 4,300 shares of the business'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 transaction, the director now owns 29,733 shares in the company, valued at $7,312,236.69. The trade was a 12.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.26% of the company's stock.

Analyst Ratings Changes

LNG has been the subject of several research analyst reports. Wall Street Zen lowered Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Stifel Nicolaus lowered their price objective on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Bank of America lifted their price objective on Cheniere Energy from $258.00 to $271.00 and gave the stock a "buy" rating in a research report on Wednesday. Argus started coverage on Cheniere Energy in a research report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 target price for the company. Finally, Scotiabank decreased their target price 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. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $258.36.

Cheniere Energy Stock Down 0.9%

LNG stock traded down $2.22 during mid-day trading on Friday, reaching $239.87. 2,473,014 shares of the company traded hands, compared to its average volume of 1,869,930. The stock has a market cap of $53.20 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 5.23 and a beta of 0.43. 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, Inc. has a fifty-two week low of $167.66 and a fifty-two week high of $257.65. The firm's 50 day moving average price is $234.64 and its 200 day moving average price is $226.29.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly 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 for the quarter, compared to analyst estimates of $4.73 billion. During the same quarter last year, the firm posted $2.13 EPS. Cheniere Energy's revenue for the quarter was up 28.0% on a year-over-year basis. As a group, equities research analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 18th. Stockholders of record on Friday, August 8th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, August 8th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.83%. Cheniere Energy's payout ratio is presently 14.63%.

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.