HUB Investment Partners LLC Acquires 823 Shares of Cheniere Energy, Inc. (NYSE:LNG)

HUB Investment Partners LLC raised its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 34.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,247 shares of the energy company’s stock after acquiring an additional 823 shares during the period. HUB Investment Partners LLC’s holdings in Cheniere Energy were worth $698,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of LNG. Wellington Management Group LLP grew its holdings in shares of Cheniere Energy by 195.1% in the third quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company’s stock worth $755,410,000 after purchasing an additional 2,776,920 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Cheniere Energy by 91.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company’s stock worth $673,927,000 after purchasing an additional 1,789,919 shares during the last quarter. Ninety One UK Ltd grew its holdings 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 worth $324,393,000 after purchasing an additional 1,409,116 shares during the last quarter. Two Sigma Advisers LP grew its holdings in shares of Cheniere Energy by 328.2% in the third quarter. Two Sigma Advisers LP now owns 894,600 shares of the energy company’s stock worth $160,885,000 after purchasing an additional 685,662 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its holdings 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 worth $357,638,000 after purchasing an additional 631,787 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.29% of the company’s stock.

Cheniere Energy Stock Performance

Shares of Cheniere Energy stock opened at $230.52 on Friday. 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 firm has a market capitalization of $51.56 billion, a P/E ratio of 16.20 and a beta of 0.94. The business has a fifty day simple moving average of $224.99 and a two-hundred day simple moving average of $208.46. Cheniere Energy, Inc. has a 12 month low of $152.88 and a 12 month high of $257.65.

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

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Analysts Set New Price Targets

LNG has been the topic of several recent analyst reports. Mizuho raised their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a report on Tuesday. Scotiabank restated an “outperform” rating on shares of Cheniere Energy in a report on Thursday, March 6th. UBS Group restated a “buy” rating and issued a $277.00 target price on shares of Cheniere Energy in a report on Tuesday. Barclays raised their price target on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Finally, Stifel Nicolaus raised their price target on Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $239.79.

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.