UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 267,182 Shares of Cheniere Energy, Inc. (NYSE:LNG)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 14.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,526,807 shares of the energy company's stock after selling 267,182 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.68% of Cheniere Energy worth $328,065,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. MassMutual Private Wealth & Trust FSB lifted its position in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock worth $26,000 after purchasing an additional 75 shares during the period. WR Wealth Planners LLC raised its stake in Cheniere Energy by 373.1% during the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after buying an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in Cheniere Energy in the fourth quarter valued at $29,000. Banque Transatlantique SA bought a new stake in Cheniere Energy during the fourth quarter valued at $32,000. Finally, Nemes Rush Group LLC boosted its position in Cheniere Energy by 2,022.2% during the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after acquiring an additional 182 shares during the last quarter. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Stock Up 1.0%

LNG traded up $2.20 during trading on Tuesday, hitting $231.32. 437,460 shares of the company's stock were exchanged, compared to its average volume of 1,862,412. Cheniere Energy, Inc. has a fifty-two week low of $153.03 and a fifty-two week high of $257.65. The stock has a market cap of $51.30 billion, a P/E ratio of 16.25 and a beta of 0.41. The business's 50 day moving average is $227.82 and its two-hundred day moving average is $223.41. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41.

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). Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter in the prior year, the company earned $2.13 EPS. The company's revenue was up 28.0% on a year-over-year basis. As a group, equities analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

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 0.86%. The ex-dividend date of this dividend was Friday, May 9th. Cheniere Energy's dividend payout ratio is currently 14.63%.

Insider Transactions at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value 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. This represents a 20.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.26% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LNG. Argus started coverage on Cheniere Energy in a research report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price objective for the company. Mizuho raised their target price on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Wolfe Research downgraded Cheniere Energy from an "outperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. JPMorgan Chase & Co. boosted their price target on Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a research note on Monday, April 28th. Finally, TD Cowen raised their price objective on shares of Cheniere Energy from $250.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Cheniere Energy has an average rating of "Moderate Buy" and an average price target of $252.23.

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.