Quantbot Technologies LP Makes New $4.10 Million Investment in Cheniere Energy, Inc. (NYSE:LNG)

Quantbot Technologies LP bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 19,063 shares of the energy company’s stock, valued at approximately $4,096,000.

Other hedge funds also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB boosted its stake in Cheniere Energy by 170.5% in the fourth 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 last quarter. WR Wealth Planners LLC boosted its position in shares of Cheniere Energy by 373.1% in the 4th 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 last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cheniere Energy during the fourth quarter worth $29,000. Adirondack Trust Co. acquired a new stake in shares of Cheniere Energy during the fourth quarter worth $43,000. Finally, SBI Securities Co. Ltd. bought a new stake in Cheniere Energy in the fourth quarter valued at about $46,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Trading Up 3.3 %

NYSE LNG opened at $218.61 on Friday. Cheniere Energy, Inc. has a 52 week low of $152.88 and a 52 week high of $257.65. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The stock’s 50 day moving average price is $224.85 and its two-hundred day moving average price is $207.29. The stock has a market capitalization of $48.90 billion, a price-to-earnings ratio of 15.36 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last announced 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. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The business had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.44 billion. As a group, analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

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

Insider Activity at Cheniere Energy

In other 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 sale, the director now owns 33,934 shares in the company, valued at $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

LNG has been the subject of several analyst reports. Barclays boosted their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Wells Fargo & Company upped their target price on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Morgan Stanley lifted their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Scotiabank restated an “outperform” rating on shares of Cheniere Energy in a research report on Thursday, March 6th. Finally, UBS Group lifted their target price on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, November 15th. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $236.33.

Cheniere Energy Company 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.