Two Sigma Investments LP Purchases 259,565 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Two Sigma Investments LP boosted its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 31.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,080,666 shares of the energy company's stock after acquiring an additional 259,565 shares during the quarter. Two Sigma Investments LP owned 0.48% of Cheniere Energy worth $232,203,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. raised its stake in shares of Cheniere Energy by 10.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company's stock valued at $99,000 after purchasing an additional 43 shares during the period. Flagship Harbor Advisors LLC grew its holdings in shares of Cheniere Energy by 2.0% during the fourth quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company's stock worth $503,000 after buying an additional 46 shares in the last quarter. BIP Wealth LLC raised its position in 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 buying an additional 50 shares during the last quarter. NDVR Inc. lifted its stake in 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 acquiring an additional 54 shares in the last quarter. Finally, Larson Financial Group LLC boosted its position in Cheniere Energy by 1.7% during the 4th quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company's stock worth $719,000 after acquiring an additional 55 shares during the last quarter. 87.26% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on LNG shares. Bank of America boosted their price objective on shares of Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Scotiabank reduced their price objective on shares of Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating for the company in a research note on Tuesday, April 29th. Morgan Stanley raised their price objective on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, January 31st. JPMorgan Chase & Co. upped their target price on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Finally, Stifel Nicolaus decreased their price target on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Cheniere Energy has an average rating of "Moderate Buy" and a consensus price target of $252.23.

Cheniere Energy Stock Performance

Shares of NYSE LNG traded down $1.04 during midday trading on Thursday, hitting $228.27. 1,505,981 shares of the company's stock were exchanged, compared to its average volume of 1,862,972. 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 firm has a market capitalization of $50.63 billion, a PE ratio of 16.04 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 company's 50 day moving average price is $227.57 and its 200 day moving average price is $222.40.

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 (EPS) for the quarter, missing the consensus estimate of $2.81 by ($1.24). Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The business had revenue of $5.44 billion for the quarter, compared to analyst estimates of $4.73 billion. During the same period in the prior year, the business earned $2.13 EPS. The company's revenue for the quarter was up 28.0% compared to the same quarter last year. As a group, analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

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

Insider Activity at Cheniere Energy

In other 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 owns 33,934 shares in the company, valued at $7,448,852.34. The trade was a 20.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.26% of the stock is owned by company insiders.

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.