Vestmark Advisory Solutions Inc. Has $528,000 Stake in Cheniere Energy, Inc. (NYSE:LNG)

Vestmark Advisory Solutions Inc. lifted its stake in Cheniere Energy, Inc. (NYSE:LNG) by 15.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,458 shares of the energy company’s stock after acquiring an additional 324 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Cheniere Energy were worth $528,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. The Manufacturers Life Insurance Company raised its stake in shares of Cheniere Energy by 3.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 5,438,428 shares of the energy company’s stock valued at $978,047,000 after acquiring an additional 167,575 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of 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 acquiring an additional 2,776,920 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Cheniere Energy by 91.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company’s stock valued at $673,927,000 after acquiring an additional 1,789,919 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Cheniere Energy by 11.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,793,989 shares of the energy company’s stock valued at $322,631,000 after acquiring an additional 178,318 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Cheniere Energy by 61.2% in 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 in the last quarter. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Stock Performance

LNG opened at $220.57 on Friday. The stock has a market cap of $49.33 billion, a PE ratio of 15.50 and a beta of 0.94. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 1 year low of $152.88 and a 1 year high of $257.65. The stock’s 50 day simple moving average is $225.15 and its 200-day simple moving average is $206.37.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating the consensus estimate of $2.74 by $1.59. The business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. Sell-side analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

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

Wall Street Analysts Forecast Growth

LNG has been the topic of a number of recent analyst reports. Barclays raised their price objective on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. UBS Group lifted their price target on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. StockNews.com raised Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. The Goldman Sachs Group lifted their price target on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Finally, Wells Fargo & Company lifted their price target on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $236.33.

Insider Activity at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the business’s 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 sale, the director now owns 33,934 shares of the company’s stock, valued at $7,448,852.34. The trade was a 20.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.29% of the stock is owned by insiders.

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.