Rockefeller Capital Management L.P. Buys 21,629 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Rockefeller Capital Management L.P. lifted its stake in Cheniere Energy, Inc. (NYSE:LNG) by 11.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 205,259 shares of the energy company’s stock after buying an additional 21,629 shares during the period. Rockefeller Capital Management L.P. owned about 0.09% of Cheniere Energy worth $44,053,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Kovitz Investment Group Partners LLC acquired a new stake in shares of Cheniere Energy during the 3rd quarter worth approximately $333,000. Coldstream Capital Management Inc. lifted its position in Cheniere Energy by 42.3% in the third quarter. Coldstream Capital Management Inc. now owns 2,423 shares of the energy company’s stock worth $452,000 after purchasing an additional 720 shares during the period. Toronto Dominion Bank boosted its stake in Cheniere Energy by 25.3% during the third quarter. Toronto Dominion Bank now owns 40,836 shares of the energy company’s stock worth $7,344,000 after buying an additional 8,257 shares in the last quarter. Aldebaran Financial Inc. increased its holdings in Cheniere Energy by 26.1% in the 3rd quarter. Aldebaran Financial Inc. now owns 5,195 shares of the energy company’s stock valued at $934,000 after buying an additional 1,076 shares during the period. Finally, Sanctuary Advisors LLC raised its stake in shares of Cheniere Energy by 4.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 49,034 shares of the energy company’s stock valued at $8,818,000 after buying an additional 1,922 shares in the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Performance

Shares of NYSE:LNG opened at $220.23 on Friday. The business has a fifty day moving average of $219.56 and a 200-day moving average of $213.47. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a twelve month low of $152.88 and a twelve month high of $257.65. The firm has a market cap of $49.26 billion, a PE ratio of 15.48 and a beta of 0.67.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data 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 firm had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.44 billion. On average, equities research analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages have recently weighed in on LNG. Scotiabank reiterated an “outperform” rating on shares of Cheniere Energy in a research report on Thursday, March 6th. Wells Fargo & Company lifted their price objective on 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 Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, January 27th. UBS Group restated a “buy” rating and set a $277.00 target price on shares of Cheniere Energy in a research report on Tuesday, March 18th. Finally, Mizuho upped their price target on Cheniere Energy from $248.00 to $254.00 and gave the company an “outperform” rating in a research report on Tuesday, March 18th. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, Cheniere Energy currently has a consensus rating of “Moderate Buy” and an average price target of $239.79.

Insiders Place Their Bets

In other news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the sale, the director now directly 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.29% of the company’s stock.

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.