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

ProShare Advisors LLC decreased its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,747 shares of the energy company's stock after selling 1,866 shares during the quarter. ProShare Advisors LLC's holdings in Cheniere Energy were worth $3,598,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Park Avenue Securities LLC increased its holdings in Cheniere Energy by 35.9% during the 4th quarter. Park Avenue Securities LLC now owns 5,206 shares of the energy company's stock valued at $1,119,000 after purchasing an additional 1,374 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of Cheniere Energy by 45.6% in the fourth quarter. Merit Financial Group LLC now owns 3,644 shares of the energy company's stock valued at $783,000 after purchasing an additional 1,142 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in Cheniere Energy by 82.3% during the fourth quarter. Arkadios Wealth Advisors now owns 2,660 shares of the energy company's stock worth $572,000 after acquiring an additional 1,201 shares in the last quarter. Premier Path Wealth Partners LLC raised its holdings in Cheniere Energy by 5.4% during the fourth quarter. Premier Path Wealth Partners LLC now owns 1,191 shares of the energy company's stock worth $256,000 after acquiring an additional 61 shares in the last quarter. Finally, Aaron Wealth Advisors LLC raised its stake in Cheniere Energy by 10.3% in the fourth quarter. Aaron Wealth Advisors LLC now owns 1,955 shares of the energy company's stock valued at $420,000 after buying an additional 182 shares during the period. Institutional investors own 87.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on LNG shares. Argus started coverage on Cheniere Energy in a research note on Tuesday, March 18th. They set a "buy" rating and a $255.00 price objective on the stock. Raymond James reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a report on Wednesday, April 23rd. Bank of America boosted their price objective on Cheniere Energy from $254.00 to $258.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Morgan Stanley boosted their target price on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Finally, Mizuho upped their price target on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Two equities research 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 company. Based on data from MarketBeat, Cheniere Energy has a consensus rating of "Moderate Buy" and an average price target of $252.23.

Insider Buying and Selling at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the firm's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. This trade represents a 20.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.26% of the company's stock.

Cheniere Energy Trading Up 0.3%

NYSE LNG traded up $0.62 during trading on Friday, hitting $229.13. The stock had a trading volume of 1,351,360 shares, compared to its average volume of 1,868,020. The stock has a 50 day simple moving average of $227.79 and a 200 day simple moving average of $223.25. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a one year low of $153.03 and a one year high of $257.65. The stock has a market capitalization of $50.82 billion, a price-to-earnings ratio of 16.10 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued 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). The business had revenue of $5.44 billion for the quarter, compared to analysts' expectations of $4.73 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The business's quarterly revenue was up 28.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.13 earnings per share. Sell-side analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.87%. Cheniere Energy's payout ratio is 14.63%.

About Cheniere Energy

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.