Cheniere Energy, Inc. (NYSE:LNG) Shares Purchased by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA boosted its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 59.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,209 shares of the energy company's stock after buying an additional 7,168 shares during the quarter. Union Bancaire Privee UBP SA's holdings in Cheniere Energy were worth $4,199,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. WR Wealth Planners LLC boosted its holdings in Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after acquiring an additional 97 shares during the period. REAP Financial Group LLC lifted its position in shares of Cheniere Energy by 150.0% during the fourth quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock worth $27,000 after purchasing an additional 75 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Cheniere Energy during the fourth quarter valued at $29,000. Banque Transatlantique SA bought a new position in shares of Cheniere Energy in the fourth quarter worth about $32,000. Finally, Nemes Rush Group LLC increased its stake in Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock worth $41,000 after buying an additional 182 shares during the period. Institutional investors own 87.26% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LNG. Bank of America increased their price objective on Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Raymond James reissued a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Wolfe Research lowered Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. TD Cowen lifted their price objective on Cheniere Energy from $250.00 to $260.00 and gave the company a "buy" rating in a report on Friday, May 9th. Finally, Scotiabank dropped their target price on shares of Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a report on Tuesday, April 29th. 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. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $252.23.

Insider Transactions at Cheniere Energy

In other news, Director Neal A. Shear sold 4,300 shares of Cheniere Energy stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $245.93, for a total value of $1,057,499.00. Following the completion of the sale, the director now owns 29,733 shares of the company's stock, valued at $7,312,236.69. The trade was a 12.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.26% of the company's stock.

Cheniere Energy Stock Performance

Shares of NYSE LNG traded down $0.24 during trading hours on Thursday, reaching $234.76. The stock had a trading volume of 1,295,420 shares, compared to its average volume of 1,897,782. The firm has a 50-day moving average of $230.24 and a 200-day moving average of $225.01. The firm has a market cap of $52.07 billion, a price-to-earnings ratio of 16.50 and a beta of 0.43. 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, Inc. has a fifty-two week low of $154.82 and a fifty-two week high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data 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%. Cheniere Energy's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.13 EPS. Equities research analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.85%. Cheniere Energy's dividend payout ratio is currently 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.