Two Sigma Advisers LP Purchases 756,900 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Two Sigma Advisers LP grew its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 84.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,651,500 shares of the energy company's stock after acquiring an additional 756,900 shares during the quarter. Two Sigma Advisers LP owned about 0.74% of Cheniere Energy worth $354,858,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Two Sigma Investments LP lifted its stake in shares of Cheniere Energy by 31.6% in the 4th quarter. Two Sigma Investments LP now owns 1,080,666 shares of the energy company's stock worth $232,203,000 after purchasing an additional 259,565 shares during the period. Texas Bank & Trust Co bought a new position in shares of Cheniere Energy in the 4th quarter worth approximately $335,000. Tidal Investments LLC lifted its stake in shares of Cheniere Energy by 1.2% in the 4th quarter. Tidal Investments LLC now owns 15,082 shares of the energy company's stock worth $3,241,000 after purchasing an additional 178 shares during the period. Teza Capital Management LLC bought a new position in shares of Cheniere Energy in the 4th quarter worth approximately $367,000. Finally, State of Wyoming bought a new position in shares of Cheniere Energy in the 4th quarter worth approximately $422,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on LNG. Morgan Stanley increased their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Mizuho increased their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Wall Street Zen cut shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. TD Cowen raised their target price on shares of Cheniere Energy from $250.00 to $260.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Finally, Bank of America raised their target price on shares of Cheniere Energy from $254.00 to $258.00 and gave the stock 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 issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $252.23.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction on Thursday, February 27th. The shares were 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 of the company's stock, valued at $7,448,852.34. The trade was a 20.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.26% of the stock is owned by insiders.

Cheniere Energy Price Performance

Shares of LNG stock traded down $1.04 on Thursday, reaching $228.27. The company's stock had a trading volume of 1,505,981 shares, compared to its average volume of 1,864,867. The stock's fifty day simple moving average is $227.57 and its 200-day simple moving average is $222.40. Cheniere Energy, Inc. has a 1 year low of $153.03 and a 1 year high of $257.65. 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 company has a market capitalization of $50.63 billion, a price-to-earnings ratio of 16.04 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its earnings results 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). The business had revenue of $5.44 billion during 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 company's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period last year, the business posted $2.13 earnings per share. Analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, May 9th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.88%. The ex-dividend date was Friday, May 9th. Cheniere Energy's payout ratio is 14.63%.

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.