UniSuper Management Pty Ltd Has $52.24 Million Holdings in Cheniere Energy, Inc. (NYSE:LNG)

UniSuper Management Pty Ltd boosted its stake in Cheniere Energy, Inc. (NYSE:LNG) by 22.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 243,140 shares of the energy company’s stock after purchasing an additional 44,674 shares during the quarter. UniSuper Management Pty Ltd owned about 0.11% of Cheniere Energy worth $52,243,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LNG. MassMutual Private Wealth & Trust FSB raised its position in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after acquiring an additional 75 shares during the period. WR Wealth Planners LLC raised its holdings in Cheniere Energy by 373.1% in the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after purchasing an additional 97 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in shares of Cheniere Energy during the fourth quarter worth $29,000. Adirondack Trust Co. acquired a new position in shares of Cheniere Energy in the 4th quarter valued at $43,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Cheniere Energy in the 4th quarter valued at $46,000. Institutional investors own 87.26% of the company’s stock.

Insider Buying and Selling at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the sale, the director now owns 33,934 shares in the company, 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 SEC, which can be accessed through this link. Insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

LNG has been the subject of a number of research analyst reports. Barclays boosted their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Scotiabank reissued an “outperform” rating on shares of Cheniere Energy in a research note on Thursday, March 6th. Mizuho lifted their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an “outperform” rating in a research note on Tuesday, March 18th. UBS Group reiterated a “buy” rating and issued a $277.00 price target on shares of Cheniere Energy in a report on Tuesday, March 18th. Finally, 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. One investment analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $239.79.

Cheniere Energy Stock Up 0.2 %

NYSE:LNG opened at $232.38 on Thursday. Cheniere Energy, Inc. has a twelve month low of $152.88 and a twelve month high of $257.65. The firm has a market capitalization of $51.97 billion, a price-to-earnings ratio of 16.33 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. The stock’s 50 day moving average price is $224.62 and its two-hundred day moving average price is $210.02.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $1.59. The business had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Equities research analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.86%. Cheniere Energy’s payout ratio is 14.05%.

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.