Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 898,191 shares of the energy company's stock after buying an additional 31,832 shares during the period. Charles Schwab Investment Management Inc. owned about 0.38% of Cheniere Energy worth $153,330,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Sapient Capital LLC bought a new stake in shares of Cheniere Energy in the 4th quarter worth approximately $1,283,000. Mackenzie Financial Corp increased its holdings in Cheniere Energy by 28.9% in the 4th quarter. Mackenzie Financial Corp now owns 198,555 shares of the energy company's stock worth $33,895,000 after acquiring an additional 44,508 shares during the last quarter. Oak Thistle LLC bought a new stake in Cheniere Energy in the 4th quarter valued at about $1,144,000. Rheos Capital Works Inc. purchased a new stake in Cheniere Energy during the fourth quarter valued at about $8,894,000. Finally, Riverstone Advisors LLC boosted its position in Cheniere Energy by 3.6% during the fourth quarter. Riverstone Advisors LLC now owns 14,882 shares of the energy company's stock worth $2,540,000 after purchasing an additional 513 shares during the period. Institutional investors own 87.26% of the company's stock.

Cheniere Energy Stock Performance

LNG stock traded down $0.71 during trading on Friday, hitting $157.07. 1,812,601 shares of the company traded hands, compared to its average volume of 2,046,383. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.98 and a quick ratio of 1.51. The stock has a 50-day moving average of $158.08. The firm has a market capitalization of $35.96 billion, a price-to-earnings ratio of 7.65 and a beta of 0.95. Cheniere Energy, Inc. has a 1 year low of $135.30 and a 1 year high of $183.46.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its earnings results on Friday, May 3rd. The energy company reported $2.13 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.17). The firm had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $3.97 billion. Cheniere Energy had a return on equity of 48.19% and a net margin of 28.55%. The firm's quarterly revenue was down 41.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $6.89 earnings per share. Sell-side analysts expect that Cheniere Energy, Inc. will post 8.54 EPS for the current year.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 17th. Stockholders of record on Friday, May 10th will be given a $0.435 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 1.11%. Cheniere Energy's dividend payout ratio is currently 8.48%.

Analyst Upgrades and Downgrades

LNG has been the subject of several analyst reports. Barclays raised their price objective on shares of Cheniere Energy from $192.00 to $194.00 and gave the stock an "overweight" rating in a report on Wednesday, January 17th. TD Cowen decreased their price objective on Cheniere Energy from $185.00 to $178.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 27th. StockNews.com downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Monday, April 8th. Redburn Atlantic assumed coverage on shares of Cheniere Energy in a report on Tuesday, April 16th. They issued a "neutral" rating and a $162.00 price target on the stock. Finally, Stifel Nicolaus raised their price objective on shares of Cheniere Energy from $204.00 to $208.00 and gave the company a "buy" rating in a research report on Monday, May 6th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Cheniere Energy has a consensus rating of "Moderate Buy" and a consensus price target of $196.40.

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.