Metis Global Partners LLC Buys 2,436 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Metis Global Partners LLC increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 12.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,920 shares of the energy company’s stock after buying an additional 2,436 shares during the quarter. Metis Global Partners LLC’s holdings in Cheniere Energy were worth $4,710,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Miracle Mile Advisors LLC bought a new position in shares of Cheniere Energy during the 4th quarter worth approximately $2,127,000. Fractal Investments LLC increased its holdings in Cheniere Energy by 31.0% during the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company’s stock valued at $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 4th quarter valued at $2,460,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Cheniere Energy by 31.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company’s stock valued at $7,812,000 after purchasing an additional 8,756 shares in the last quarter. Finally, Insight Wealth Strategies LLC acquired a new stake in Cheniere Energy during the 4th quarter valued at $4,455,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Up 3.9 %

NYSE:LNG opened at $228.51 on Friday. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $257.65. 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 firm has a market capitalization of $51.11 billion, a P/E ratio of 16.06 and a beta of 0.98. The stock’s fifty day simple moving average is $224.28 and its 200-day simple moving average is $205.01.

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

Cheniere Energy Dividend Announcement

The business also recently declared 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 annualized dividend and a dividend yield of 0.88%. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Analyst Upgrades and Downgrades

LNG has been the subject of a number of recent analyst reports. Stifel Nicolaus raised their price target on Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a report on Friday, February 21st. Barclays raised their price target on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Scotiabank raised their price target on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a report on Tuesday, January 21st. Morgan Stanley raised their price target on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Finally, Wells Fargo & Company raised their price target on Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. One research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $235.75.

Insider Transactions at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction dated 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 transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.29% of the stock is owned by corporate insiders.

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.