Teza Capital Management LLC Acquires New Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Teza Capital Management LLC acquired a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,709 shares of the energy company's stock, valued at approximately $367,000.

Other institutional investors also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB boosted its position in Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after purchasing an additional 75 shares in the last quarter. WR Wealth Planners LLC boosted its holdings in Cheniere Energy by 373.1% in the fourth 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. Kohmann Bosshard Financial Services LLC acquired a new stake in Cheniere Energy in the fourth quarter worth about $29,000. Banque Transatlantique SA acquired a new stake in Cheniere Energy in the fourth quarter worth about $32,000. Finally, Nemes Rush Group LLC boosted its holdings 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 in the last quarter. Institutional investors own 87.26% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Morgan Stanley raised their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. StockNews.com downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. JPMorgan Chase & Co. raised their price target on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Bank of America raised their price target on Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Finally, Argus initiated coverage on Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 target price for the company. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Cheniere Energy presently has a consensus rating of "Moderate Buy" and an average price target of $252.23.

Insider Activity at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction that occurred 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 approximately $7,448,852.34. This trade represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.26% of the stock is owned by company insiders.

Cheniere Energy Stock Down 0.2%

Shares of LNG stock opened at $232.75 on Wednesday. The stock has a 50 day moving average of $227.36 and a 200 day moving average of $222.35. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The stock has a market cap of $51.62 billion, a P/E ratio of 16.36 and a beta of 0.41. Cheniere Energy, Inc. has a twelve month low of $153.03 and a twelve month high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The energy company reported $1.57 earnings per share 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 analysts' expectations of $4.73 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm's revenue was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.13 earnings per share. As a group, sell-side analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend was Friday, May 9th. Cheniere Energy's dividend payout ratio is currently 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.

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