Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Marshall Wace LLP

Marshall Wace LLP increased its position in Cheniere Energy, Inc. (NYSE:LNG) by 2,027.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 62,814 shares of the energy company’s stock after acquiring an additional 59,861 shares during the period. Marshall Wace LLP’s holdings in Cheniere Energy were worth $13,497,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Miracle Mile Advisors LLC acquired a new stake in Cheniere Energy in the 4th quarter valued at about $2,127,000. Fractal Investments LLC raised its holdings in shares of Cheniere Energy by 31.0% in the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company’s stock worth $12,720,000 after purchasing an additional 14,000 shares in the last quarter. Anderson Hoagland & Co. acquired a new stake in Cheniere Energy during the fourth quarter valued at approximately $2,460,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Cheniere Energy by 31.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company’s stock worth $7,812,000 after buying an additional 8,756 shares in the last quarter. Finally, Insight Wealth Strategies LLC acquired a new position in Cheniere Energy in the fourth quarter worth approximately $4,455,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Up 1.8 %

Shares of Cheniere Energy stock opened at $231.52 on Monday. The stock has a 50-day simple moving average of $220.22 and a 200-day simple moving average of $215.31. Cheniere Energy, Inc. has a 52-week low of $153.03 and a 52-week high of $257.65. The firm has a market cap of $51.59 billion, a price-to-earnings ratio of 16.27 and a beta of 0.67. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. The company had revenue of $4.44 billion during 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%. On average, 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 business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders 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 dividend payout ratio is currently 14.05%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Morgan Stanley increased their price objective on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. TD Cowen increased their price target on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Scotiabank reissued an “outperform” rating on shares of Cheniere Energy in a research note on Thursday, March 6th. Argus initiated coverage on shares of Cheniere Energy in a research note on Tuesday, March 18th. They set a “buy” rating and a $255.00 price objective for the company. Finally, UBS Group reissued a “buy” rating and issued a $277.00 target price on shares of Cheniere Energy in a research report on Tuesday, March 18th. Fifteen analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $245.77.

Insider Transactions at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The stock was 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 of the company’s stock, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.29% of the stock is currently owned by corporate 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.