Janus Henderson Group PLC Cuts Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Janus Henderson Group PLC decreased its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 7.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,256 shares of the energy company's stock after selling 8,380 shares during the quarter. Janus Henderson Group PLC's holdings in Cheniere Energy were worth $22,188,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB lifted its holdings 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 acquiring an additional 75 shares during the last quarter. WR Wealth Planners LLC lifted 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 purchased a new position in shares of Cheniere Energy in the 4th quarter worth approximately $29,000. Banque Transatlantique SA purchased a new stake in Cheniere Energy during the 4th quarter valued at $32,000. Finally, Nemes Rush Group LLC lifted its position in Cheniere Energy by 2,022.2% in the fourth 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 last quarter. Hedge funds and other institutional investors own 87.26% of the company's stock.

Insiders Place Their Bets

In related news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.26% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. StockNews.com cut shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Argus assumed coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price target on the stock. Stifel Nicolaus decreased their price target on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. UBS Group restated a "buy" rating and issued a $277.00 target price on shares of Cheniere Energy in a research note on Tuesday, March 18th. Finally, Mizuho increased their price objective on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Two research 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $252.23.

Cheniere Energy Stock Performance

NYSE LNG traded down $1.92 during mid-day trading on Monday, reaching $233.15. 1,275,367 shares of the stock were exchanged, compared to its average volume of 1,861,762. Cheniere Energy, Inc. has a 1 year low of $153.03 and a 1 year high of $257.65. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The business's 50 day moving average is $226.57 and its 200-day moving average is $221.96. The company has a market capitalization of $51.71 billion, a P/E ratio of 16.38 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its earnings results on Thursday, May 8th. The energy company reported $1.57 earnings per share 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 business had revenue of $5.44 billion for the quarter, compared to analyst estimates of $4.73 billion. During the same period in the previous year, the company earned $2.13 earnings per share. The company's quarterly revenue was up 28.0% compared to the same quarter last year. On average, equities research analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Friday, May 9th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.86%. Cheniere Energy's dividend payout ratio is presently 14.63%.

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.