Disciplined Investors L.L.C. Acquires New Position in Cheniere Energy, Inc. (NYSE:LNG)

Disciplined Investors L.L.C. acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 900 shares of the energy company’s stock, valued at approximately $206,000.

Other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of Cheniere Energy in the fourth quarter valued at approximately $629,197,000. Wellington Management Group LLP grew its holdings in Cheniere Energy by 195.1% in the 3rd quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company’s stock valued at $755,410,000 after buying an additional 2,776,920 shares in the last quarter. Ninety One UK Ltd increased its stake in shares of Cheniere Energy by 1,400.7% in the 4th quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company’s stock worth $324,393,000 after acquiring an additional 1,409,116 shares during the last quarter. Two Sigma Advisers LP raised its holdings in shares of Cheniere Energy by 328.2% during the 3rd quarter. Two Sigma Advisers LP now owns 894,600 shares of the energy company’s stock worth $160,885,000 after acquiring an additional 685,662 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of Cheniere Energy by 61.2% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company’s stock valued at $357,638,000 after acquiring an additional 631,787 shares during the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction that occurred on Thursday, February 27th. The shares were 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 owns 33,934 shares in the company, valued at $7,448,852.34. The trade was 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 this hyperlink. Insiders own 0.29% of the company’s stock.

Cheniere Energy Price Performance

Cheniere Energy stock opened at $234.95 on Thursday. The company’s 50 day moving average is $222.77 and its two-hundred day moving average is $211.84. The firm has a market cap of $52.55 billion, a PE ratio of 16.51 and a beta of 0.94. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 52-week low of $152.88 and a 52-week high of $257.65.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data 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. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.44 billion. On average, research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s payout ratio is presently 14.05%.

Analyst Ratings Changes

Several research firms recently issued reports on LNG. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. UBS Group restated a “buy” rating and set a $277.00 price target on shares of Cheniere Energy in a report on Tuesday, March 18th. Argus initiated coverage on Cheniere Energy in a report on Tuesday, March 18th. They issued a “buy” rating and a $255.00 price objective on the stock. Wells Fargo & Company raised their target price on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Finally, Scotiabank reissued an “outperform” rating on shares of Cheniere Energy in a research report on Thursday, March 6th. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $239.79.

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.