Raiffeisen Bank International AG increased its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 67.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,863 shares of the energy company's stock after purchasing an additional 8,817 shares during the period. Raiffeisen Bank International AG's holdings in Cheniere Energy were worth $4,948,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Blair William & Co. IL lifted its holdings in shares of Cheniere Energy by 2.7% during the first quarter. Blair William & Co. IL now owns 50,746 shares of the energy company's stock worth $11,743,000 after purchasing an additional 1,320 shares during the period. Argent Trust Co lifted its stake in shares of Cheniere Energy by 1.1% in the 1st quarter. Argent Trust Co now owns 9,882 shares of the energy company's stock worth $2,287,000 after acquiring an additional 111 shares during the period. L & S Advisors Inc lifted its stake in shares of Cheniere Energy by 53.9% in the 1st quarter. L & S Advisors Inc now owns 23,885 shares of the energy company's stock worth $5,527,000 after acquiring an additional 8,369 shares during the period. R Squared Ltd purchased a new stake in shares of Cheniere Energy in the first quarter valued at about $299,000. Finally, Banco Santander S.A. increased its stake in shares of Cheniere Energy by 200.8% during the first quarter. Banco Santander S.A. now owns 41,842 shares of the energy company's stock worth $9,682,000 after acquiring an additional 27,930 shares during the period. 87.26% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Cheniere Energy 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 sale, the director directly owned 29,733 shares of the company's stock, valued at $7,312,236.69. This trade represents a 12.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.26% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on LNG shares. Raymond James Financial restated a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Wolfe Research cut Cheniere Energy from an "outperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Jefferies Financial Group set a $288.00 price objective on Cheniere Energy and gave the stock a "buy" rating in a report on Thursday, June 26th. Scotiabank reissued an "outperform" rating on shares of Cheniere Energy in a report on Tuesday, July 15th. Finally, Wells Fargo & Company set a $267.00 price target on shares of Cheniere Energy and gave the stock an "overweight" rating in a research note on Wednesday, June 25th. Two research 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 stock. According to MarketBeat.com, Cheniere Energy has an average rating of "Moderate Buy" and an average target price of $260.36.
Read Our Latest Report on LNG
Cheniere Energy Stock Up 1.1%
Shares of NYSE LNG opened at $238.39 on Monday. The firm's 50-day moving average is $235.42 and its two-hundred day moving average is $229.05. The company has a market capitalization of $52.87 billion, a PE ratio of 17.44 and a beta of 0.43. Cheniere Energy, Inc. has a 12-month low of $167.66 and a 12-month high of $257.65. 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 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 company had revenue of $5.44 billion for the quarter, compared to analyst estimates of $4.73 billion. Cheniere Energy had a return on equity of 32.62% and a net margin of 18.37%. The company's revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.13 earnings per share. Equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.
Cheniere Energy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, August 18th. Investors 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 annualized dividend and a yield of 0.8%. Cheniere Energy's payout ratio is presently 14.63%.
Cheniere Energy Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding LNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cheniere Energy, Inc. (NYSE:LNG - Free Report).

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