Point72 Hong Kong Ltd Invests $12.62 Million in Cheniere Energy, Inc. (NYSE:LNG)

Point72 Hong Kong Ltd acquired a new position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 58,730 shares of the energy company's stock, valued at approximately $12,619,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quantinno Capital Management LP raised its holdings in Cheniere Energy by 40.7% during the 4th quarter. Quantinno Capital Management LP now owns 20,822 shares of the energy company's stock worth $4,474,000 after purchasing an additional 6,022 shares during the last quarter. NorthRock Partners LLC bought a new stake in shares of Cheniere Energy in the 4th quarter valued at about $351,000. Occudo Quantitative Strategies LP bought a new stake in shares of Cheniere Energy in the 4th quarter valued at about $1,924,000. OMERS ADMINISTRATION Corp increased its stake in shares of Cheniere Energy by 19.0% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 9,982 shares of the energy company's stock valued at $2,145,000 after acquiring an additional 1,595 shares during the last quarter. Finally, Obermeyer Wealth Partners bought a new stake in shares of Cheniere Energy in the 4th quarter valued at about $218,000. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Stock Performance

LNG traded down $0.89 during trading hours on Friday, reaching $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 company's 50-day moving average is $226.57 and its 200-day moving average is $221.75. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The firm has a market cap of $52.08 billion, a PE ratio of 16.50 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its quarterly earnings results 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 business had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $4.73 billion. During the same quarter last year, the company posted $2.13 EPS. The firm's revenue was up 28.0% on a year-over-year basis. On average, equities analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Shareholders of record on Friday, May 9th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Friday, May 9th. Cheniere Energy's payout ratio is 14.63%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. TD Cowen upped their price target on Cheniere Energy from $250.00 to $260.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Scotiabank reduced their price target on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating for the company in a research report on Tuesday, April 29th. StockNews.com downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. UBS Group reaffirmed a "buy" rating and set a $277.00 price target on shares of Cheniere Energy in a research report on Tuesday, March 18th. Finally, JPMorgan Chase & Co. upped their price target on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a research report on Monday, April 28th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $252.23.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction 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 transaction, the director now owns 33,934 shares in the company, valued at $7,448,852.34. This trade represents a 20.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.26% of the company's stock.

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.