Y Intercept Hong Kong Ltd Purchases 4,062 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Y Intercept Hong Kong Ltd grew its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 399.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,078 shares of the energy company's stock after buying an additional 4,062 shares during the period. Y Intercept Hong Kong Ltd's holdings in Cheniere Energy were worth $1,175,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Choreo LLC increased its stake in shares of Cheniere Energy by 5.6% in the 1st quarter. Choreo LLC now owns 5,142 shares of the energy company's stock valued at $1,190,000 after purchasing an additional 271 shares during the last quarter. Financial Sense Advisors Inc. lifted its holdings in Cheniere Energy by 8.9% during the 1st quarter. Financial Sense Advisors Inc. now owns 10,294 shares of the energy company's stock worth $2,382,000 after buying an additional 839 shares during the period. HighPoint Advisor Group LLC lifted its stake in shares of Cheniere Energy by 11.4% in the 1st quarter. HighPoint Advisor Group LLC now owns 3,905 shares of the energy company's stock valued at $929,000 after purchasing an additional 400 shares during the period. Kayne Anderson Capital Advisors LP lifted its stake in shares of Cheniere Energy by 7.6% in the 1st quarter. Kayne Anderson Capital Advisors LP now owns 1,494,901 shares of the energy company's stock valued at $345,920,000 after purchasing an additional 105,875 shares during the period. Finally, Crestwood Advisors Group LLC acquired a new position in shares of Cheniere Energy in the 1st quarter valued at about $1,468,000. Institutional investors own 87.26% of the company's stock.

Cheniere Energy Price Performance

NYSE LNG traded up $4.17 during trading hours on Monday, reaching $229.54. 1,311,180 shares of the stock traded hands, compared to its average volume of 2,135,846. The stock has a 50 day simple moving average of $235.04 and a two-hundred day simple moving average of $229.23. Cheniere Energy, Inc. has a 1 year low of $167.66 and a 1 year high of $257.65. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.19 and a quick ratio of 1.06. The company has a market cap of $50.91 billion, a price-to-earnings ratio of 16.76 and a beta of 0.42.

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). The company had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.73 billion. Cheniere Energy had a return on equity of 32.62% and a net margin of 18.37%. The firm's quarterly revenue was up 28.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.13 EPS. On average, analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 18th. Investors of record on Friday, August 8th will be paid a $0.50 dividend. The ex-dividend date is Friday, August 8th. This represents a $2.00 annualized dividend and a dividend yield of 0.87%. Cheniere Energy's payout ratio is presently 14.63%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on LNG shares. Wall Street Zen downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Scotiabank reaffirmed an "outperform" rating on shares of Cheniere Energy in a report on Tuesday, July 15th. Wells Fargo & Company set a $267.00 price objective on Cheniere Energy and gave the company an "overweight" rating in a report on Wednesday, June 25th. Stifel Nicolaus reduced their price objective on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, Cowen restated a "buy" rating on shares of Cheniere Energy in a research report on Wednesday, June 25th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $260.36.

Insider Activity

In related news, Director Neal A. Shear sold 4,300 shares of the firm's stock in a transaction dated 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 sale, the director directly owned 29,733 shares of the company's stock, valued at $7,312,236.69. This trade represents a 12.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is owned by insiders.

About Cheniere Energy

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.