Compound Global Advisors LLC Sells 14,253 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Compound Global Advisors LLC lessened its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 11.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 109,709 shares of the energy company's stock after selling 14,253 shares during the quarter. Cheniere Energy makes up 3.5% of Compound Global Advisors LLC's holdings, making the stock its 9th biggest position. Compound Global Advisors LLC's holdings in Cheniere Energy were worth $18,728,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LNG. Capital World Investors acquired a new stake in Cheniere Energy during the first quarter valued at $391,652,000. Norges Bank purchased a new position in Cheniere Energy during the fourth quarter valued at $261,515,000. State Street Corp lifted its holdings in Cheniere Energy by 13.6% during the first quarter. State Street Corp now owns 6,934,156 shares of the energy company's stock valued at $961,421,000 after purchasing an additional 830,898 shares in the last quarter. Canada Pension Plan Investment Board lifted its holdings in Cheniere Energy by 73.0% during the third quarter. Canada Pension Plan Investment Board now owns 1,496,100 shares of the energy company's stock valued at $248,293,000 after purchasing an additional 631,100 shares in the last quarter. Finally, Morgan Stanley lifted its holdings in Cheniere Energy by 19.4% during the fourth quarter. Morgan Stanley now owns 3,542,925 shares of the energy company's stock valued at $531,297,000 after purchasing an additional 576,067 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on LNG. StockNews.com raised shares of Cheniere Energy from a "hold" rating to a "buy" rating in a report on Thursday, March 28th. Barclays increased their price objective on shares of Cheniere Energy from $192.00 to $194.00 and gave the company an "overweight" rating in a report on Wednesday, January 17th. TD Cowen decreased their price objective on shares of Cheniere Energy from $185.00 to $178.00 and set an "outperform" rating on the stock in a report on Tuesday, February 27th. Finally, Mizuho increased their price objective on shares of Cheniere Energy from $187.00 to $195.00 and gave the company a "buy" rating in a report on Friday, December 15th. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Cheniere Energy has a consensus rating of "Buy" and a consensus price target of $196.78.

Cheniere Energy Trading Up 1.1 %

Cheniere Energy stock traded up $1.64 during midday trading on Friday, hitting $156.67. 1,506,522 shares of the stock were exchanged, compared to its average volume of 1,942,805. Cheniere Energy, Inc. has a fifty-two week low of $135.30 and a fifty-two week high of $183.46. The firm has a market cap of $36.77 billion, a PE ratio of 3.83, a price-to-earnings-growth ratio of 0.69 and a beta of 0.94. The stock's 50-day moving average price is $161.12. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.63 and a quick ratio of 1.51.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, February 22nd. The energy company reported $5.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.70 by $3.06. Cheniere Energy had a net margin of 48.45% and a return on equity of 69.52%. The firm had revenue of $4.82 billion during the quarter, compared to analysts' expectations of $4.37 billion. During the same period last year, the business earned $15.78 earnings per share. Cheniere Energy's revenue was down 46.9% compared to the same quarter last year. Equities analysts anticipate that Cheniere Energy, Inc. will post 8.89 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Tuesday, February 6th were given a dividend of $0.435 per share. This represents a $1.74 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend was Monday, February 5th. Cheniere Energy's payout ratio is currently 4.30%.

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.

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