Cheniere Energy, Inc. (NYSE:LNG) Shares Purchased by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 5.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,149 shares of the energy company’s stock after purchasing an additional 298 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Cheniere Energy were worth $1,050,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LNG. The Manufacturers Life Insurance Company raised its stake in shares of Cheniere Energy by 5.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 4,052,497 shares of the energy company’s stock worth $672,559,000 after buying an additional 220,802 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Cheniere Energy by 3.4% during the fourth quarter. Pacer Advisors Inc. now owns 1,950,011 shares of the energy company’s stock valued at $332,886,000 after acquiring an additional 64,297 shares during the period. Northern Trust Corp increased its holdings in shares of Cheniere Energy by 5.1% in the third quarter. Northern Trust Corp now owns 1,667,834 shares of the energy company’s stock valued at $276,794,000 after purchasing an additional 80,399 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Cheniere Energy by 73.0% during the third quarter. Canada Pension Plan Investment Board now owns 1,496,100 shares of the energy company’s stock worth $248,293,000 after buying an additional 631,100 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Cheniere Energy by 35.6% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,399,852 shares of the energy company’s stock valued at $232,319,000 after purchasing an additional 367,275 shares in the last quarter. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Cheniere Energy Trading Down 0.3 %

Shares of LNG stock traded down $0.51 during trading hours on Friday, hitting $158.85. 233,419 shares of the company were exchanged, compared to its average volume of 1,871,762. The company’s fifty day moving average price is $157.98. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.63 and a quick ratio of 1.51. Cheniere Energy, Inc. has a 52-week low of $135.30 and a 52-week high of $183.46. The firm has a market cap of $36.64 billion, a PE ratio of 3.94 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, February 22nd. The energy company reported $5.76 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $3.06. The company had revenue of $4.82 billion for the quarter, compared to the consensus estimate of $4.37 billion. Cheniere Energy had a net margin of 48.45% and a return on equity of 69.52%. The firm’s revenue for the quarter was down 46.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $15.78 earnings per share. Sell-side analysts anticipate that Cheniere Energy, Inc. will post 8.39 EPS for the current year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Friday, May 10th will be issued a $0.435 dividend. This represents a $1.74 annualized dividend and a yield of 1.10%. Cheniere Energy’s dividend payout ratio (DPR) is 4.30%.

Analysts Set New Price Targets

LNG has been the subject of several research analyst reports. UBS Group reduced their target price on Cheniere Energy from $223.00 to $206.00 and set a “buy” rating for the company in a research note on Wednesday. StockNews.com downgraded shares of Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, April 8th. Barclays boosted their target price on Cheniere Energy from $192.00 to $194.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 17th. Redburn Atlantic initiated coverage on shares of Cheniere Energy in a research note on Tuesday, April 16th. They set a “neutral” rating and a $162.00 price objective for the company. Finally, TD Cowen reduced their price target on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating on the stock in a report on Tuesday, February 27th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $193.90.

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.