Universal Beteiligungs und Servicegesellschaft mbH Sells 12,781 Shares of Cheniere Energy, Inc. $LNG

Universal Beteiligungs und Servicegesellschaft mbH lowered its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 6.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 192,248 shares of the energy company’s stock after selling 12,781 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.09% of Cheniere Energy worth $45,174,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Altman Advisors Inc. raised its holdings in Cheniere Energy by 0.4% in the 2nd quarter. Altman Advisors Inc. now owns 10,206 shares of the energy company’s stock valued at $2,409,000 after acquiring an additional 44 shares in the last quarter. Dynamic Advisor Solutions LLC increased its position in shares of Cheniere Energy by 1.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 3,268 shares of the energy company’s stock valued at $768,000 after purchasing an additional 47 shares during the period. Childress Capital Advisors LLC increased its position in shares of Cheniere Energy by 0.9% during the third quarter. Childress Capital Advisors LLC now owns 5,385 shares of the energy company’s stock valued at $1,265,000 after purchasing an additional 47 shares during the period. Bailard Inc. raised its stake in shares of Cheniere Energy by 0.7% in the second quarter. Bailard Inc. now owns 6,663 shares of the energy company’s stock valued at $1,623,000 after purchasing an additional 49 shares in the last quarter. Finally, Titleist Asset Management LLC lifted its position in Cheniere Energy by 1.5% in the second quarter. Titleist Asset Management LLC now owns 3,309 shares of the energy company’s stock worth $806,000 after purchasing an additional 50 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Cheniere Energy news, Director W Benjamin Moreland purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was purchased at an average cost of $208.22 per share, with a total value of $1,041,100.00. Following the acquisition, the director directly owned 9,856 shares of the company’s stock, valued at approximately $2,052,216.32. This trade represents a 102.97% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 0.26% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on LNG shares. Scotiabank reiterated an “outperform” rating and set a $266.00 price target on shares of Cheniere Energy in a research note on Friday, January 16th. Erste Group Bank lowered shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Zacks Research lowered shares of Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Jefferies Financial Group set a $290.00 price target on shares of Cheniere Energy in a research note on Thursday, October 30th. Finally, Citigroup decreased their price objective on Cheniere Energy from $283.00 to $280.00 and set a “buy” rating on the stock in a report on Monday, January 12th. One 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 company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $265.59.

Cheniere Energy Trading Up 2.0%

Shares of Cheniere Energy stock opened at $207.18 on Thursday. Cheniere Energy, Inc. has a 12-month low of $186.20 and a 12-month high of $246.42. The stock has a market capitalization of $44.59 billion, a P/E ratio of 11.54, a price-to-earnings-growth ratio of 6.54 and a beta of 0.26. The company has a 50-day simple moving average of $199.77 and a 200 day simple moving average of $219.51. The company has a quick ratio of 0.81, a current ratio of 0.94 and a debt-to-equity ratio of 1.94.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Wednesday, October 29th. The energy company reported $4.75 EPS for the quarter, beating analysts’ consensus estimates of $2.75 by $2.00. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.87 billion. Cheniere Energy had a net margin of 21.12% and a return on equity of 37.52%. The company’s revenue for the quarter 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. Research analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 18th. Investors of record on Friday, November 7th were given a dividend of $0.555 per share. This is a boost from Cheniere Energy’s previous quarterly dividend of $0.50. The ex-dividend date was Friday, November 7th. This represents a $2.22 dividend on an annualized basis and a yield of 1.1%. Cheniere Energy’s dividend payout ratio is currently 12.37%.

About Cheniere Energy

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.