Quantinno Capital Management LP Has $4.47 Million Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Quantinno Capital Management LP increased its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 40.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,822 shares of the energy company's stock after purchasing an additional 6,022 shares during the quarter. Quantinno Capital Management LP's holdings in Cheniere Energy were worth $4,474,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Norges Bank purchased a new position in shares of Cheniere Energy in the fourth quarter worth approximately $629,197,000. Ninety One UK Ltd increased its position in shares of Cheniere Energy by 1,400.7% in the fourth quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company's stock worth $324,393,000 after acquiring an additional 1,409,116 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Cheniere Energy by 61.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company's stock worth $357,638,000 after acquiring an additional 631,787 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Cheniere Energy in the fourth quarter worth approximately $130,772,000. Finally, Proficio Capital Partners LLC increased its position in shares of Cheniere Energy by 18,281.6% in the fourth quarter. Proficio Capital Partners LLC now owns 575,897 shares of the energy company's stock worth $123,743,000 after acquiring an additional 572,764 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Stock Up 0.3%

LNG stock traded up $0.62 during trading hours on Friday, hitting $229.13. The company's stock had a trading volume of 1,351,360 shares, compared to its average volume of 1,868,020. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The company has a market capitalization of $50.82 billion, a PE ratio of 16.10 and a beta of 0.41. Cheniere Energy, Inc. has a 12 month low of $153.03 and a 12 month high of $257.65. The stock has a 50 day moving average price of $227.79 and a two-hundred day moving average price of $223.10.

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 for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter in the previous year, the firm posted $2.13 earnings per share. Cheniere Energy's quarterly revenue was up 28.0% compared to the same quarter last year. On average, equities research analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

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

Insider Transactions at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the business's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. The trade was a 20.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.26% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LNG. Mizuho upped their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. JPMorgan Chase & Co. upped their price objective on shares of Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a research note on Monday, April 28th. Morgan Stanley upped their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Wall Street Zen lowered shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Finally, Bank of America upped 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. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Cheniere Energy currently has an average rating of "Moderate Buy" and a consensus price target of $252.23.

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.