Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC lifted its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 124.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 340,501 shares of the energy company’s stock after acquiring an additional 188,892 shares during the quarter. Worldquant Millennium Advisors LLC owned 0.15% of Cheniere Energy worth $73,163,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its holdings in Cheniere Energy by 4.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 5,681,846 shares of the energy company’s stock worth $1,220,858,000 after buying an additional 243,418 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Cheniere Energy by 10.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,126,512 shares of the energy company’s stock worth $886,664,000 after buying an additional 379,142 shares in the last quarter. Invesco Ltd. boosted its holdings in Cheniere Energy by 16.1% during the fourth quarter. Invesco Ltd. now owns 3,237,303 shares of the energy company’s stock worth $695,599,000 after buying an additional 450,031 shares in the last quarter. Norges Bank purchased a new stake in Cheniere Energy during the fourth quarter worth about $629,197,000. Finally, Amundi boosted its holdings in Cheniere Energy by 19.9% during the fourth quarter. Amundi now owns 2,696,002 shares of the energy company’s stock worth $606,907,000 after buying an additional 448,189 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Stock Performance

Shares of LNG opened at $233.15 on Tuesday. 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 company has a market capitalization of $51.71 billion, a price-to-earnings ratio of 16.38 and a beta of 0.41. The company’s 50 day simple moving average is $226.92 and its 200 day simple moving average is $222.28. Cheniere Energy, Inc. has a 1 year low of $153.03 and a 1 year high of $257.65.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.81 by ($1.24). The firm had revenue of $5.44 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The business’s quarterly revenue was up 28.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.13 EPS. On average, sell-side analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend was Friday, May 9th. Cheniere Energy’s payout ratio is 14.63%.

Analyst Upgrades and Downgrades

LNG has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Cheniere Energy from $252.00 to $265.00 and gave the stock an “overweight” rating in a report on Monday, April 28th. UBS Group reissued a “buy” rating and set a $277.00 price objective on shares of Cheniere Energy in a report on Tuesday, March 18th. Wolfe Research downgraded shares of Cheniere Energy from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 30th. Mizuho upped their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an “outperform” rating in a report on Tuesday, March 18th. Finally, Stifel Nicolaus reduced their price target on shares of Cheniere Energy from $255.00 to $247.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $252.23.

Insider Activity at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the transaction, the director now owns 33,934 shares of the company’s stock, valued at $7,448,852.34. This trade represents a 20.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.26% of the company’s stock.

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.