Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp increased its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 19.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,982 shares of the energy company's stock after purchasing an additional 1,595 shares during the period. OMERS ADMINISTRATION Corp's holdings in Cheniere Energy were worth $2,145,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management raised its position in shares of Cheniere Energy by 13.4% during the 4th quarter. Brookstone Capital Management now owns 1,875 shares of the energy company's stock valued at $403,000 after buying an additional 221 shares during the period. Wedmont Private Capital grew its position in Cheniere Energy by 10.8% in the fourth quarter. Wedmont Private Capital now owns 2,755 shares of the energy company's stock worth $621,000 after acquiring an additional 269 shares during the period. SeaCrest Wealth Management LLC increased its stake in Cheniere Energy by 2.9% during the fourth quarter. SeaCrest Wealth Management LLC now owns 2,590 shares of the energy company's stock worth $557,000 after acquiring an additional 74 shares during the last quarter. Pines Wealth Management LLC purchased a new stake in Cheniere Energy in the fourth quarter valued at $358,000. Finally, Oak Thistle LLC raised its position in Cheniere Energy by 36.1% in the fourth quarter. Oak Thistle LLC now owns 7,462 shares of the energy company's stock valued at $1,603,000 after purchasing an additional 1,980 shares during the period. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Stock Down 0.4%

LNG stock traded down $0.89 during midday trading on Friday, hitting $234.83. The company's stock had a trading volume of 1,460,407 shares, compared to its average volume of 1,864,117. Cheniere Energy, Inc. has a 52-week low of $153.03 and a 52-week high of $257.65. The firm has a 50-day simple moving average of $226.57 and a 200-day simple moving average of $221.75. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The firm has a market capitalization of $52.08 billion, a P/E ratio of 16.50 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter in the previous year, the business posted $2.13 earnings per share. Cheniere Energy's revenue for the quarter was up 28.0% compared to the same quarter last year. As a group, equities analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.85%. Cheniere Energy's payout ratio is currently 14.63%.

Insider Activity

In related news, Director G Andrea Botta sold 9,000 shares of the business's 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 completion of the sale, the director now owns 33,934 shares in the company, valued at $7,448,852.34. The trade was a 20.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.26% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. TD Cowen raised their price objective on Cheniere Energy from $250.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Stifel Nicolaus dropped their price target on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Argus started coverage on shares of Cheniere Energy in a research note on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on shares of Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a research report on Monday, April 28th. Finally, Morgan Stanley lifted their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $252.23.

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.