Vise Technologies Inc. Takes Position in Cheniere Energy, Inc. (NYSE:LNG)

Vise Technologies Inc. bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,119 shares of the energy company's stock, valued at approximately $240,000.

A number of other hedge funds have also added to or reduced their stakes in LNG. Norges Bank bought a new stake in shares of Cheniere Energy during the 4th quarter valued at $629,197,000. Ninety One UK Ltd grew its position in shares of Cheniere Energy by 1,400.7% during the 4th quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company's stock valued at $324,393,000 after acquiring an additional 1,409,116 shares during the period. Two Sigma Advisers LP grew its position in shares of Cheniere Energy by 84.6% during the 4th quarter. Two Sigma Advisers LP now owns 1,651,500 shares of the energy company's stock valued at $354,858,000 after acquiring an additional 756,900 shares during the period. Robeco Institutional Asset Management B.V. grew its position in shares of Cheniere Energy by 61.2% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company's stock valued at $357,638,000 after acquiring an additional 631,787 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Cheniere Energy during the 4th quarter valued at $130,772,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Cheniere Energy Price Performance

Shares of LNG traded up $5.13 during midday trading on Friday, hitting $236.94. 3,960,968 shares of the company traded hands, compared to its average volume of 1,878,535. The firm has a 50 day moving average of $228.03 and a 200-day moving average of $223.81. Cheniere Energy, Inc. has a 52 week low of $154.82 and a 52 week high of $257.65. The stock has a market cap of $52.55 billion, a price-to-earnings ratio of 16.65 and a beta of 0.41. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07.

Cheniere Energy (NYSE:LNG - Get Free Report) last released 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 net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $5.44 billion for the quarter, compared to the consensus estimate of $4.73 billion. During the same period last year, the company earned $2.13 EPS. The firm's revenue for the quarter was up 28.0% on a year-over-year basis. On average, analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

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 annualized dividend and a dividend yield of 0.84%. The ex-dividend date was Friday, May 9th. Cheniere Energy's dividend payout ratio (DPR) is presently 14.63%.

Wall Street Analyst Weigh In

LNG has been the subject of a number of recent research reports. Raymond James reissued a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Scotiabank cut 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 report on Tuesday, April 29th. TD Cowen boosted their price objective on shares of Cheniere Energy from $250.00 to $260.00 and gave the company a "buy" rating in a research report on Friday, May 9th. JPMorgan Chase & Co. boosted their price objective on shares of Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, April 28th. Finally, UBS Group reaffirmed a "buy" rating and issued a $277.00 target price on shares of Cheniere Energy in a report on Tuesday, March 18th. Two research 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. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price 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.