Cheniere Energy, Inc. (NYSE:LNG) Position Lowered by Nebula Research & Development LLC

Nebula Research & Development LLC reduced its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 70.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,917 shares of the energy company's stock after selling 4,542 shares during the period. Nebula Research & Development LLC's holdings in Cheniere Energy were worth $412,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LNG. MassMutual Private Wealth & Trust FSB lifted its stake in 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 buying an additional 75 shares in the last quarter. WR Wealth Planners LLC raised its holdings in shares of Cheniere Energy by 373.1% in the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after acquiring an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Cheniere Energy in the fourth quarter valued at $29,000. Nemes Rush Group LLC boosted its stake in shares of Cheniere Energy by 2,022.2% during the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after acquiring an additional 182 shares during the last quarter. Finally, Adirondack Trust Co. acquired a new stake in shares of Cheniere Energy during the fourth quarter valued at $43,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Up 2.4 %

Shares of NYSE:LNG traded up $5.45 during mid-day trading on Friday, hitting $235.94. 1,707,396 shares of the company traded hands, compared to its average volume of 1,858,646. The firm's 50 day simple moving average is $223.37 and its 200 day simple moving average is $217.91. The firm has a market cap of $52.57 billion, a P/E ratio of 16.58 and a beta of 0.67. 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, Inc. has a 52-week low of $153.03 and a 52-week high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping analysts' consensus estimates of $2.74 by $1.59. The business had revenue of $4.44 billion for the quarter, compared to analysts' expectations of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. On average, equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Friday, May 9th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, May 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.85%. Cheniere Energy's dividend payout ratio is presently 14.05%.

Wall Street Analysts Forecast Growth

LNG has been the topic of a number of recent research reports. Bank of America upped their target price on shares of Cheniere Energy from $254.00 to $258.00 and gave the company a "buy" rating in a report on Tuesday. Morgan Stanley raised their price objective on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Barclays upped their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Argus initiated coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price objective on the stock. Finally, TD Cowen boosted their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a report on Monday, January 27th. One investment analyst has rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $251.46.

Insider Transactions 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 stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the sale, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. The trade was a 20.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.26% of the company's stock.

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.