Livforsakringsbolaget Skandia Omsesidigt Has $117,000 Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Livforsakringsbolaget Skandia Omsesidigt boosted its position in Cheniere Energy, Inc. (NYSE:LNG) by 89.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 686 shares of the energy company’s stock after buying an additional 324 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Cheniere Energy were worth $117,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Capital World Investors purchased a new position in Cheniere Energy in the first quarter worth $391,652,000. Norges Bank bought a new stake in Cheniere Energy during the 4th quarter worth approximately $261,515,000. State Street Corp raised its position in shares of Cheniere Energy by 13.6% in the first quarter. State Street Corp now owns 6,934,156 shares of the energy company’s stock worth $961,421,000 after buying an additional 830,898 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in shares of Cheniere Energy by 73.0% during the 3rd quarter. Canada Pension Plan Investment Board now owns 1,496,100 shares of the energy company’s stock valued at $248,293,000 after acquiring an additional 631,100 shares during the last quarter. Finally, Morgan Stanley grew its stake in Cheniere Energy by 19.4% in the 4th quarter. Morgan Stanley now owns 3,542,925 shares of the energy company’s stock worth $531,297,000 after buying an additional 576,067 shares in the last quarter. Institutional investors own 87.26% of the company’s stock.

Analyst Ratings Changes

LNG has been the subject of several recent research reports. StockNews.com lowered shares of Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, April 8th. Barclays upped their price objective on Cheniere Energy from $192.00 to $194.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 17th. Redburn Atlantic started coverage on shares of Cheniere Energy in a research note on Tuesday. They issued a “neutral” rating and a $162.00 price target for the company. Finally, TD Cowen reduced their price target on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating for the company in a research report on Tuesday, February 27th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $193.30.

Cheniere Energy Trading Up 2.3 %

Shares of NYSE LNG opened at $160.47 on Friday. The business has a 50-day moving average of $158.13. The company has a market capitalization of $37.01 billion, a P/E ratio of 3.96 and a beta of 0.94. Cheniere Energy, Inc. has a 1-year low of $135.30 and a 1-year 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.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings results on Thursday, February 22nd. The energy company reported $5.76 earnings per share for the quarter, topping analysts’ consensus estimates of $2.70 by $3.06. Cheniere Energy had a net margin of 48.45% and a return on equity of 69.52%. The company had revenue of $4.82 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the prior year, the firm posted $15.78 EPS. The firm’s quarterly revenue was down 46.9% on a year-over-year basis. As a group, equities research analysts forecast that Cheniere Energy, Inc. will post 8.39 earnings per share for the current year.

Cheniere Energy Dividend Announcement

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

Cheniere Energy Company 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.