USS Investment Management Ltd Takes $5.69 Million Position in Cheniere Energy, Inc. (NYSE:LNG)

USS Investment Management Ltd acquired a new position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 26,478 shares of the energy company's stock, valued at approximately $5,691,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB increased its stake 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 valued at $26,000 after purchasing an additional 75 shares during the last quarter. WR Wealth Planners LLC increased its stake in shares of Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after purchasing an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Cheniere Energy in the 4th quarter valued at $29,000. Banque Transatlantique SA bought a new position in shares of Cheniere Energy in the 4th quarter valued at $32,000. Finally, Nemes Rush Group LLC increased its stake in shares of Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after purchasing an additional 182 shares during the last quarter. Institutional investors own 87.26% of the company's stock.

Cheniere Energy Stock Performance

Shares of NYSE:LNG traded up $2.37 during trading on Wednesday, hitting $234.03. 381,716 shares of the company were exchanged, compared to its average volume of 1,861,374. The company has a market cap of $51.90 billion, a PE ratio of 16.44 and a beta of 0.41. The stock has a 50 day moving average of $227.85 and a 200 day moving average of $223.47. Cheniere Energy, Inc. has a 52-week low of $153.03 and a 52-week high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 EPS for the quarter, missing the consensus estimate of $2.81 by ($1.24). Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The company had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.73 billion. During the same quarter last year, the business earned $2.13 earnings per share. The business's quarterly revenue was up 28.0% on a year-over-year basis. As a group, equities research analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 19th. Stockholders of record on Friday, May 9th were issued 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 payout ratio is 14.63%.

Insider Activity at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction that occurred 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 of the company's stock, valued at approximately $7,448,852.34. The trade was a 20.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.26% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages recently weighed in on LNG. Stifel Nicolaus reduced their price objective on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Raymond James restated a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Scotiabank reduced their price objective on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a research report on Tuesday, April 29th. JPMorgan Chase & Co. boosted their price objective on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a research report on Monday, April 28th. Finally, Bank of America boosted their price objective on Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $252.23.

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.