Twinbeech Capital LP Invests $32.46 Million in Cheniere Energy, Inc. (NYSE:LNG)

Twinbeech Capital LP bought a new position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 151,052 shares of the energy company's stock, valued at approximately $32,457,000. Twinbeech Capital LP owned 0.07% of Cheniere Energy at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Geneos Wealth Management Inc. lifted its holdings in Cheniere Energy by 10.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company's stock worth $99,000 after buying an additional 43 shares during the period. Flagship Harbor Advisors LLC lifted its stake in shares of Cheniere Energy by 2.0% in the 4th quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company's stock valued at $503,000 after purchasing an additional 46 shares during the period. BIP Wealth LLC lifted its stake in shares of Cheniere Energy by 1.4% in the 4th quarter. BIP Wealth LLC now owns 3,545 shares of the energy company's stock valued at $762,000 after purchasing an additional 50 shares during the period. NDVR Inc. lifted its stake in shares of Cheniere Energy by 4.8% in the 4th quarter. NDVR Inc. now owns 1,188 shares of the energy company's stock valued at $255,000 after purchasing an additional 54 shares during the period. Finally, Larson Financial Group LLC lifted its stake in shares of Cheniere Energy by 1.7% in the 4th quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company's stock valued at $719,000 after purchasing an additional 55 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Up 0.3%

Cheniere Energy stock traded up $0.62 during midday trading on Friday, reaching $229.13. The stock had a trading volume of 1,351,360 shares, compared to its average volume of 1,864,700. Cheniere Energy, Inc. has a 12 month low of $153.03 and a 12 month high of $257.65. The company has a market capitalization of $50.82 billion, a P/E ratio of 16.10 and a beta of 0.41. The company has a fifty day moving average price of $227.79 and a two-hundred day moving average price of $222.93. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its earnings results on Thursday, May 8th. The energy company reported $1.57 EPS for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). The firm had revenue of $5.44 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the firm earned $2.13 earnings per share. As a group, equities analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

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

Wall Street Analyst Weigh In

LNG has been the topic of a number of recent analyst reports. Wolfe Research downgraded Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Scotiabank dropped their price objective on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a research note on Tuesday, April 29th. Stifel Nicolaus dropped their price objective on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. 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. Finally, TD Cowen boosted their price objective on Cheniere Energy from $250.00 to $260.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Two 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $252.23.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the business's 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 sale, the director now directly owns 33,934 shares of the company's stock, valued at approximately $7,448,852.34. The trade was a 20.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.26% of the company's stock.

Cheniere Energy 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.