9,261 Shares in Cheniere Energy, Inc. $LNG Purchased by BTG Pactual Asset Management US LLC

BTG Pactual Asset Management US LLC acquired a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 9,261 shares of the energy company’s stock, valued at approximately $2,255,000.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Cheniere Energy in the second quarter valued at approximately $957,425,000. Kingstone Capital Partners Texas LLC purchased a new position in Cheniere Energy in the 2nd quarter valued at $384,806,000. Mitsubishi UFJ Trust & Banking Corp increased its stake in Cheniere Energy by 704.3% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 952,092 shares of the energy company’s stock valued at $231,853,000 after buying an additional 833,723 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Cheniere Energy by 33.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,031,767 shares of the energy company’s stock worth $470,151,000 after buying an additional 504,960 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in shares of Cheniere Energy by 25.7% in the 1st quarter. Royal Bank of Canada now owns 2,395,267 shares of the energy company’s stock worth $554,265,000 after acquiring an additional 488,994 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cheniere Energy news, Director W Benjamin Moreland bought 5,000 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was purchased at an average cost of $208.22 per share, for a total transaction of $1,041,100.00. Following the acquisition, the director owned 9,856 shares of the company’s stock, valued at $2,052,216.32. The trade was a 102.97% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.26% of the company’s stock.

Analyst Upgrades and Downgrades

LNG has been the topic of a number of recent analyst reports. BMO Capital Markets started coverage on shares of Cheniere Energy in a research note on Friday, September 19th. They set an “outperform” rating and a $268.00 price target on the stock. Jefferies Financial Group set a $290.00 price objective on Cheniere Energy in a report on Thursday, October 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Cheniere Energy in a research note on Wednesday, October 8th. Mizuho raised their price target on Cheniere Energy from $268.00 to $273.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Finally, Bank of America dropped their price objective on Cheniere Energy from $274.00 to $271.00 and set a “buy” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Cheniere Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $268.47.

Cheniere Energy Stock Performance

LNG opened at $189.52 on Friday. Cheniere Energy, Inc. has a 1-year low of $188.70 and a 1-year high of $257.65. The stock has a market cap of $40.79 billion, a P/E ratio of 10.56, a P/E/G ratio of 5.02 and a beta of 0.26. The stock’s 50 day simple moving average is $213.23 and its 200 day simple moving average is $227.83. The company has a debt-to-equity ratio of 2.12, a current ratio of 0.94 and a quick ratio of 0.81.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Wednesday, October 29th. The energy company reported $4.75 EPS for the quarter, topping analysts’ consensus estimates of $2.75 by $2.00. The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.87 billion. Cheniere Energy had a return on equity of 37.52% and a net margin of 21.12%.Cheniere Energy’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the business earned $3.93 earnings per share. As a group, equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 18th. Investors of record on Friday, November 7th were given a $0.555 dividend. The ex-dividend date was Friday, November 7th. This represents a $2.22 annualized dividend and a dividend yield of 1.2%. This is a boost from Cheniere Energy’s previous quarterly dividend of $0.50. Cheniere Energy’s payout ratio is presently 12.37%.

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.