12,167 Shares in Cheniere Energy, Inc. (NYSE:LNG) Bought by OFI Invest Asset Management

OFI Invest Asset Management acquired a new position in Cheniere Energy, Inc. (NYSE:LNG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,167 shares of the energy company’s stock, valued at approximately $2,525,000.

Other institutional investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after buying an additional 75 shares during the last quarter. WR Wealth Planners LLC increased its stake in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after purchasing an additional 97 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Cheniere Energy in the 3rd quarter worth approximately $28,000. Kohmann Bosshard Financial Services LLC purchased a new position in Cheniere Energy in the fourth quarter valued at approximately $29,000. Finally, Adirondack Trust Co. bought a new position in Cheniere Energy during the fourth quarter valued at $43,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

Shares of LNG opened at $220.57 on Friday. Cheniere Energy, Inc. has a 12-month low of $152.88 and a 12-month high of $257.65. 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 company has a market cap of $49.33 billion, a PE ratio of 15.50 and a beta of 0.94. The stock has a 50-day moving average price of $225.15 and a 200-day moving average price of $206.37.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (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 net margin of 20.71% and a return on equity of 37.19%. As a group, equities analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

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

Insider Activity at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction on 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 transaction, the director now owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.29% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on LNG. Morgan Stanley upped their price target on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Wells Fargo & Company upped their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. TD Cowen increased 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. UBS Group upped their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. One investment analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, Cheniere Energy has a consensus rating of “Moderate Buy” and a consensus target price of $236.33.

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.