Voleon Capital Management LP Invests $3.90 Million in Cheniere Energy, Inc. (NYSE:LNG)

Voleon Capital Management LP bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 18,143 shares of the energy company's stock, valued at approximately $3,898,000.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Cheniere Energy during the 4th quarter worth about $629,197,000. Ninety One UK Ltd boosted its position in shares of Cheniere Energy by 1,400.7% in the fourth quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company's stock valued at $324,393,000 after acquiring an additional 1,409,116 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of Cheniere Energy by 61.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company's stock valued at $357,638,000 after acquiring an additional 631,787 shares during the period. Raymond James Financial Inc. purchased a new position in Cheniere Energy during the fourth quarter valued at approximately $130,772,000. Finally, Proficio Capital Partners LLC increased its holdings in Cheniere Energy by 18,281.6% during the 4th quarter. Proficio Capital Partners LLC now owns 575,897 shares of the energy company's stock worth $123,743,000 after acquiring an additional 572,764 shares during the period. Hedge funds and other institutional investors own 87.26% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on LNG. Stifel Nicolaus cut their price target on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Barclays boosted their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. UBS Group reaffirmed a "buy" rating and issued a $277.00 price target on shares of Cheniere Energy in a report on Tuesday, March 18th. Argus initiated coverage on Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price objective for the company. Finally, Mizuho raised their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. One equities research analyst has rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $251.46.

Cheniere Energy Trading Up 2.4 %

Shares of NYSE LNG traded up $5.45 during midday trading on Friday, reaching $235.94. The company had a trading volume of 1,707,396 shares, compared to its average volume of 1,858,646. The firm's fifty day moving average price is $223.37 and its 200-day moving average price is $218.16. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a one year low of $153.03 and a one year high of $257.65. The stock has a market cap of $52.57 billion, a PE ratio of 16.58 and a beta of 0.67.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, beating analysts' consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. On average, equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 19th. Shareholders of record on Friday, May 9th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Friday, May 9th. Cheniere Energy's dividend payout ratio (DPR) is presently 14.05%.

Insider Buying and Selling at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the firm's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the sale, the director now directly owns 33,934 shares of the company's stock, valued at $7,448,852.34. This trade represents 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 this link. Corporate 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.