Quantbot Technologies LP Takes $4.10 Million Position in Cheniere Energy, Inc. (NYSE:LNG)

Quantbot Technologies LP acquired a new position in Cheniere Energy, Inc. (NYSE:LNG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,063 shares of the energy company’s stock, valued at approximately $4,096,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sciencast Management LP bought a new position in shares of Cheniere Energy during the 4th quarter valued at $2,589,000. Summit Global Investments raised its position in shares of Cheniere Energy by 128.1% in the fourth quarter. Summit Global Investments now owns 9,814 shares of the energy company’s stock valued at $2,109,000 after purchasing an additional 5,511 shares during the period. 1620 Investment Advisors Inc. raised its position in shares of Cheniere Energy by 5.1% in the fourth quarter. 1620 Investment Advisors Inc. now owns 2,506 shares of the energy company’s stock valued at $538,000 after purchasing an additional 122 shares during the period. TD Private Client Wealth LLC lifted its stake in shares of Cheniere Energy by 24.0% in the fourth quarter. TD Private Client Wealth LLC now owns 14,562 shares of the energy company’s stock worth $3,129,000 after buying an additional 2,823 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Cheniere Energy by 8.2% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 26,417 shares of the energy company’s stock worth $5,676,000 after buying an additional 2,011 shares during the period. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Up 3.3 %

LNG opened at $218.61 on Friday. The firm has a market cap of $48.90 billion, a price-to-earnings ratio of 15.36 and a beta of 0.94. 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’s 50-day simple moving average is $224.85 and its 200-day simple moving average is $207.29. Cheniere Energy, Inc. has a twelve month low of $152.88 and a twelve month high of $257.65.

Cheniere Energy (NYSE:LNG) last posted 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. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.91%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s payout ratio is presently 14.05%.

Analyst Ratings Changes

A number of research analysts have weighed in on LNG shares. TD Cowen boosted their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Morgan Stanley increased their target price on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Scotiabank reaffirmed an “outperform” rating on shares of Cheniere Energy in a report on Thursday, March 6th. Wells Fargo & Company upped their price target on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Finally, The Goldman Sachs Group boosted their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. One research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $236.33.

Insider Activity

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the sale, the director now owns 33,934 shares of the company’s stock, valued at $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.29% of the stock is currently owned by corporate insiders.

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.