Y Intercept Hong Kong Ltd Purchases New Position in Cheniere Energy, Inc. (NYSE:LNG)

Y Intercept Hong Kong Ltd acquired a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,016 shares of the energy company’s stock, valued at approximately $218,000.

Other large investors have also recently added to or reduced their stakes in the company. Miracle Mile Advisors LLC bought a new stake in Cheniere Energy during the 4th quarter worth approximately $2,127,000. Fractal Investments LLC boosted its stake in Cheniere Energy by 31.0% in the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company’s stock worth $12,720,000 after purchasing an additional 14,000 shares in the last quarter. Anderson Hoagland & Co. acquired a new position in Cheniere Energy in the fourth quarter worth $2,460,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Cheniere Energy by 31.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company’s stock worth $7,812,000 after purchasing an additional 8,756 shares during the last quarter. Finally, Insight Wealth Strategies LLC acquired a new stake in shares of Cheniere Energy in the fourth quarter valued at $4,455,000. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Price Performance

Shares of LNG opened at $220.39 on Wednesday. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The stock has a market cap of $49.29 billion, a P/E ratio of 15.49 and a beta of 0.98. The stock’s 50-day moving average price is $224.70 and its two-hundred day moving average price is $205.82. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $257.65.

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

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Insider Buying and Selling

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 value of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.29% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on LNG. Barclays increased their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Stifel Nicolaus increased their price target on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, February 21st. UBS Group boosted their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. StockNews.com upgraded Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Finally, Wells Fargo & Company boosted their target price on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. One research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $235.75.

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.