Cheniere Energy, Inc. $LNG Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. decreased its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 16.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,371 shares of the energy company’s stock after selling 3,178 shares during the quarter. Vontobel Holding Ltd.’s holdings in Cheniere Energy were worth $3,847,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Pinnacle Bancorp Inc. raised its holdings in shares of Cheniere Energy by 134.1% in the second quarter. Pinnacle Bancorp Inc. now owns 103 shares of the energy company’s stock valued at $25,000 after buying an additional 59 shares during the last quarter. Westside Investment Management Inc. increased its position in Cheniere Energy by 473.7% in the 2nd quarter. Westside Investment Management Inc. now owns 109 shares of the energy company’s stock valued at $26,000 after acquiring an additional 90 shares during the period. Hilltop National Bank purchased a new stake in Cheniere Energy during the 2nd quarter valued at approximately $28,000. Richardson Financial Services Inc. acquired a new stake in Cheniere Energy during the 2nd quarter worth approximately $30,000. Finally, Pin Oak Investment Advisors Inc. purchased a new position in shares of Cheniere Energy in the 2nd quarter valued at approximately $34,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cheniere Energy

In other news, Director W Benjamin Moreland purchased 5,000 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were acquired at an average price of $208.22 per share, for a total transaction of $1,041,100.00. Following the acquisition, the director directly owned 9,856 shares in the company, valued at approximately $2,052,216.32. The trade was a 102.97% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.26% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on LNG shares. BMO Capital Markets restated an “outperform” rating and set a $254.00 price target on shares of Cheniere Energy in a research note on Wednesday, December 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Cheniere Energy in a research report on Tuesday. Jefferies Financial Group set a $290.00 target price on shares of Cheniere Energy in a research note on Thursday, October 30th. Mizuho boosted their price target on shares of Cheniere Energy from $268.00 to $273.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $278.00 price target (up from $275.00) on shares of Cheniere Energy in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $267.53.

Cheniere Energy Price Performance

Shares of NYSE LNG opened at $190.45 on Friday. The company’s fifty day moving average is $206.18 and its two-hundred day moving average is $224.77. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.81 and a current ratio of 0.94. The firm has a market capitalization of $40.99 billion, a P/E ratio of 10.61, a PEG ratio of 4.66 and a beta of 0.26. Cheniere Energy, Inc. has a one year low of $186.20 and a one year high of $257.65.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Wednesday, October 29th. The energy company reported $4.75 EPS for the quarter, beating the consensus estimate of $2.75 by $2.00. The firm had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.87 billion. Cheniere Energy had a net margin of 21.12% and a return on equity of 37.52%. The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter last year, the business earned $3.93 earnings per share. Analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 18th. Stockholders of record on Friday, November 7th were paid a dividend of $0.555 per share. This is a positive change from Cheniere Energy’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, November 7th. This represents a $2.22 annualized dividend and a dividend yield of 1.2%. Cheniere Energy’s dividend payout ratio is presently 12.37%.

Cheniere Energy Company Profile

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.