2,000 Shares in Cheniere Energy, Inc. (NYSE:LNG) Bought by Mitsubishi UFJ Asset Management UK Ltd.

Mitsubishi UFJ Asset Management UK Ltd. acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 2,000 shares of the energy company’s stock, valued at approximately $430,000.

Several other large investors have also recently made changes to their positions in LNG. Octavia Wealth Advisors LLC increased its position in shares of Cheniere Energy by 3.7% during the third quarter. Octavia Wealth Advisors LLC now owns 1,498 shares of the energy company’s stock valued at $269,000 after buying an additional 54 shares during the period. Chemistry Wealth Management LLC lifted its stake in shares of Cheniere Energy by 5.2% in the fourth quarter. Chemistry Wealth Management LLC now owns 1,241 shares of the energy company’s stock worth $267,000 after buying an additional 61 shares in the last quarter. Premier Path Wealth Partners LLC boosted its position in shares of Cheniere Energy by 5.4% during the fourth quarter. Premier Path Wealth Partners LLC now owns 1,191 shares of the energy company’s stock valued at $256,000 after buying an additional 61 shares during the last quarter. MAI Capital Management grew its position in Cheniere Energy by 1.5% in the 3rd quarter. MAI Capital Management now owns 4,204 shares of the energy company’s stock worth $756,000 after purchasing an additional 62 shares during the period. Finally, Sapient Capital LLC grew its stake in shares of Cheniere Energy by 0.9% during the 3rd quarter. Sapient Capital LLC now owns 7,514 shares of the energy company’s stock valued at $1,351,000 after purchasing an additional 67 shares during the period. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Trading Down 1.2 %

Shares of Cheniere Energy stock opened at $249.71 on Wednesday. The firm has a fifty day moving average price of $220.52 and a 200 day moving average price of $196.18. The stock has a market cap of $56.03 billion, a PE ratio of 15.95 and a beta of 0.99. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $2.06. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The firm had revenue of $3.76 billion during the quarter, compared to analysts’ expectations of $3.76 billion. During the same period in the previous year, the business posted $2.37 EPS. The business’s revenue was down 9.5% compared to the same quarter last year. Equities research analysts predict that Cheniere Energy, Inc. will post 12.66 earnings per share for the current year.

Cheniere Energy Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.00 dividend on an annualized basis and a yield of 0.80%. Cheniere Energy’s dividend payout ratio is currently 12.77%.

Analysts Set New Price Targets

Several brokerages have recently commented on LNG. TD Cowen raised their price objective on shares of Cheniere Energy from $202.00 to $242.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. The Goldman Sachs Group increased their price target on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Wells Fargo & Company boosted their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. UBS Group raised their price target on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, Royal Bank of Canada increased their target price on Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $231.64.

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.