Natixis Advisors L.P. Sells 146 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Natixis Advisors L.P. reduced its position in Cheniere Energy, Inc. (NYSE:LNGFree Report) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,175 shares of the energy company’s stock after selling 146 shares during the quarter. Natixis Advisors L.P.’s holdings in Cheniere Energy were worth $4,468,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. First Trust Direct Indexing L.P. boosted its stake in Cheniere Energy by 26.4% in the fourth quarter. First Trust Direct Indexing L.P. now owns 4,811 shares of the energy company’s stock valued at $821,000 after buying an additional 1,004 shares in the last quarter. Summit Financial LLC grew its holdings in shares of Cheniere Energy by 9.9% during the 4th quarter. Summit Financial LLC now owns 5,431 shares of the energy company’s stock valued at $927,000 after purchasing an additional 491 shares during the last quarter. Kestra Private Wealth Services LLC increased its position in Cheniere Energy by 8.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 2,009 shares of the energy company’s stock worth $343,000 after purchasing an additional 164 shares in the last quarter. Investment House LLC bought a new position in Cheniere Energy in the 4th quarter valued at approximately $854,000. Finally, Meixler Investment Management Ltd. boosted its position in Cheniere Energy by 14.6% in the fourth quarter. Meixler Investment Management Ltd. now owns 1,537 shares of the energy company’s stock valued at $262,000 after buying an additional 196 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Redburn Atlantic initiated coverage on Cheniere Energy in a research note on Tuesday, April 16th. They issued a “neutral” rating and a $162.00 price target for the company. UBS Group dropped their target price on Cheniere Energy from $223.00 to $206.00 and set a “buy” rating for the company in a research report on Wednesday, April 24th. StockNews.com cut Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, April 8th. TD Cowen lowered their price objective on Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating for the company in a research note on Tuesday, February 27th. Finally, Stifel Nicolaus lifted their target price on shares of Cheniere Energy from $204.00 to $208.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Cheniere Energy has an average rating of “Moderate Buy” and an average price target of $196.40.

Read Our Latest Research Report on Cheniere Energy

Cheniere Energy Price Performance

Shares of Cheniere Energy stock opened at $157.07 on Friday. The company has a 50-day moving average price of $158.08. Cheniere Energy, Inc. has a one year low of $135.30 and a one year high of $183.46. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.98 and a quick ratio of 1.51. The company has a market cap of $35.96 billion, a price-to-earnings ratio of 7.65 and a beta of 0.95.

Cheniere Energy (NYSE:LNGGet Free Report) last posted its quarterly earnings results on Friday, May 3rd. The energy company reported $2.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.17). Cheniere Energy had a net margin of 28.55% and a return on equity of 48.19%. The business had revenue of $4.25 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same period in the previous year, the business posted $6.89 EPS. The business’s revenue for the quarter was down 41.8% compared to the same quarter last year. On average, sell-side analysts expect that Cheniere Energy, Inc. will post 8.54 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Friday, May 10th will be issued a $0.435 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $1.74 dividend on an annualized basis and a dividend yield of 1.11%. Cheniere Energy’s dividend payout ratio is presently 8.48%.

Cheniere Energy Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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