Union Bancaire Privee UBP SA Invests $2.45 Million in Cheniere Energy, Inc. (NYSE:LNG)

Union Bancaire Privee UBP SA bought a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,041 shares of the energy company’s stock, valued at approximately $2,451,000.

A number of other institutional investors have also modified their holdings of LNG. Ballentine Partners LLC increased its position in shares of Cheniere Energy by 7.2% during the third quarter. Ballentine Partners LLC now owns 4,240 shares of the energy company’s stock worth $763,000 after acquiring an additional 285 shares during the period. DekaBank Deutsche Girozentrale increased its position in shares of Cheniere Energy by 9.6% during the third quarter. DekaBank Deutsche Girozentrale now owns 132,933 shares of the energy company’s stock worth $23,881,000 after acquiring an additional 11,642 shares during the period. Kavar Capital Partners Group LLC increased its position in shares of Cheniere Energy by 1.3% during the third quarter. Kavar Capital Partners Group LLC now owns 18,650 shares of the energy company’s stock worth $3,354,000 after acquiring an additional 235 shares during the period. Canoe Financial LP purchased a new position in shares of Cheniere Energy during the third quarter worth approximately $477,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Cheniere Energy by 12.1% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 6,031 shares of the energy company’s stock worth $1,085,000 after acquiring an additional 652 shares during the period. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Price Performance

Shares of LNG opened at $220.90 on Monday. The company has a market cap of $49.56 billion, a price-to-earnings ratio of 15.52 and a beta of 0.98. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The company has a 50 day moving average of $223.08 and a two-hundred day moving average of $203.98.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, beating the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. As a group, analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share 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 dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.91%. Cheniere Energy’s payout ratio is currently 14.05%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Stifel Nicolaus raised their target price on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday. UBS Group increased their price objective 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. Barclays increased their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Wells Fargo & Company increased their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Finally, The Goldman Sachs Group increased their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. One research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $235.75.

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.