Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Maple Brown Abbott Ltd

Maple Brown Abbott Ltd lessened its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 6.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 278,920 shares of the energy company's stock after selling 18,690 shares during the period. Cheniere Energy makes up approximately 4.9% of Maple Brown Abbott Ltd's portfolio, making the stock its 11th largest position. Maple Brown Abbott Ltd owned 0.12% of Cheniere Energy worth $47,595,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. HHM Wealth Advisors LLC acquired a new stake in Cheniere Energy in the third quarter valued at approximately $25,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Cheniere Energy in the 1st quarter valued at $27,000. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Cheniere Energy by 203.4% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 176 shares of the energy company's stock worth $29,000 after purchasing an additional 118 shares during the last quarter. OFI Invest Asset Management acquired a new position in shares of Cheniere Energy during the third quarter worth $40,000. Finally, Geneos Wealth Management Inc. increased its holdings in Cheniere Energy by 48.1% in the third quarter. Geneos Wealth Management Inc. now owns 274 shares of the energy company's stock valued at $45,000 after buying an additional 89 shares during the last quarter. Institutional investors and hedge funds own 87.26% of the company's stock.

Cheniere Energy Price Performance

Shares of LNG stock traded up $2.54 during trading hours on Wednesday, hitting $156.81. The stock had a trading volume of 1,649,093 shares, compared to its average volume of 1,894,831. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.63 and a quick ratio of 1.51. The company has a market capitalization of $36.80 billion, a price-to-earnings ratio of 3.87 and a beta of 0.94. The stock has a 50 day moving average price of $158.34. Cheniere Energy, Inc. has a twelve month low of $135.30 and a twelve month high of $183.46.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings results on Thursday, February 22nd. The energy company reported $5.76 earnings per share for the quarter, topping analysts' consensus estimates of $2.70 by $3.06. The firm had revenue of $4.82 billion during the quarter, compared to analysts' expectations of $4.37 billion. Cheniere Energy had a net margin of 48.45% and a return on equity of 69.52%. Cheniere Energy's quarterly revenue was down 46.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $15.78 EPS. As a group, equities analysts predict that Cheniere Energy, Inc. will post 8.39 earnings per share for the current year.

Cheniere Energy Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LNG. Barclays lifted their price target on Cheniere Energy from $192.00 to $194.00 and gave the stock an "overweight" rating in a report on Wednesday, January 17th. StockNews.com cut Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Monday, April 8th. Redburn Atlantic started coverage on shares of Cheniere Energy in a research note on Tuesday. They issued a "neutral" rating and a $162.00 price target on the stock. Finally, TD Cowen cut 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. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Cheniere Energy has an average rating of "Moderate Buy" and an average price target of $193.30.

Cheniere Energy Company 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.