Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Values First Advisors Inc.

Values First Advisors Inc. decreased its position in Cheniere Energy, Inc. (NYSE:LNG) by 26.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,794 shares of the energy company’s stock after selling 1,023 shares during the quarter. Values First Advisors Inc.’s holdings in Cheniere Energy were worth $477,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Rheos Capital Works Inc. acquired a new position in shares of Cheniere Energy in the 4th quarter worth approximately $8,894,000. Banco Santander S.A. grew its position in shares of Cheniere Energy by 54.4% in the 3rd quarter. Banco Santander S.A. now owns 22,267 shares of the energy company’s stock worth $3,695,000 after acquiring an additional 7,845 shares in the last quarter. Choate Investment Advisors acquired a new position in Cheniere Energy during the 3rd quarter valued at approximately $295,000. Mirae Asset Global Investments Co. Ltd. boosted its position in Cheniere Energy by 5.0% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 557,350 shares of the energy company’s stock valued at $92,498,000 after purchasing an additional 26,406 shares during the period. Finally, SCP Investment LP boosted its position in Cheniere Energy by 111.1% during the 3rd quarter. SCP Investment LP now owns 3,800 shares of the energy company’s stock valued at $631,000 after purchasing an additional 2,000 shares during the period. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

NYSE:LNG traded up $0.13 during trading hours on Thursday, hitting $161.27. 1,902,953 shares of the company’s stock traded hands, compared to its average volume of 1,959,402. The stock has a market cap of $37.85 billion, a price-to-earnings ratio of 3.98, a P/E/G ratio of 0.69 and a beta of 0.94. Cheniere Energy, Inc. has a twelve month low of $135.30 and a twelve month high of $183.46. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.51 and a current ratio of 1.63. The stock has a fifty day moving average price of $162.53.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Thursday, February 22nd. The energy company reported $5.76 earnings per share for the quarter, topping the consensus estimate of $2.70 by $3.06. Cheniere Energy had a return on equity of 69.52% and a net margin of 48.45%. The company had revenue of $4.82 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same period in the prior year, the firm posted $15.78 EPS. The business’s revenue was down 46.9% compared to the same quarter last year. On average, equities research analysts predict that Cheniere Energy, Inc. will post 8.98 earnings per share for the current year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Tuesday, February 6th were given a $0.435 dividend. This represents a $1.74 annualized dividend and a yield of 1.08%. The ex-dividend date of this dividend was Monday, February 5th. Cheniere Energy’s payout ratio is currently 4.30%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LNG. TD Cowen reduced their price objective on Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating for the company in a research report on Tuesday, February 27th. Mizuho upped their target price on Cheniere Energy from $187.00 to $195.00 and gave the company a “buy” rating in a report on Friday, December 15th. StockNews.com raised Cheniere Energy from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Barclays upped their target price on Cheniere Energy from $192.00 to $194.00 and gave the company an “overweight” rating in a report on Wednesday, January 17th. Nine investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $197.10.

Cheniere Energy 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.