Railway Pension Investments Ltd Sells 268,840 Shares of Cheniere Energy, Inc. $LNG

Railway Pension Investments Ltd reduced its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 31.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 586,260 shares of the energy company’s stock after selling 268,840 shares during the period. Cheniere Energy accounts for about 1.8% of Railway Pension Investments Ltd’s investment portfolio, making the stock its 24th largest holding. Railway Pension Investments Ltd’s holdings in Cheniere Energy were worth $140,122,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Strive Financial Group LLC bought a new position in shares of Cheniere Energy during the 4th quarter valued at $25,000. Financial Life Planners purchased a new stake in shares of Cheniere Energy in the first quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Cheniere Energy in the third quarter valued at about $27,000. Community Financial Services Group LLC bought a new stake in shares of Cheniere Energy in the 2nd quarter valued at about $29,000. Finally, Transamerica Financial Advisors LLC grew its stake in shares of Cheniere Energy by 91.3% during the second quarter. Transamerica Financial Advisors LLC now owns 132 shares of the energy company’s stock worth $32,000 after acquiring an additional 63 shares during the last quarter. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Stock Performance

NYSE:LNG opened at $292.34 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 0.87 and a debt-to-equity ratio of 1.97. Cheniere Energy, Inc. has a fifty-two week low of $186.20 and a fifty-two week high of $300.89. The company has a market cap of $60.38 billion, a P/E ratio of 21.77 and a beta of -0.01. The firm’s 50 day moving average is $261.48 and its two-hundred day moving average is $253.98.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.11 by ($0.09). Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The company had revenue of $5.73 billion during the quarter, compared to analyst estimates of $4.92 billion. During the same quarter last year, the business posted $7.30 EPS. Cheniere Energy’s quarterly revenue was up 23.5% compared to the same quarter last year. Analysts expect that Cheniere Energy, Inc. will post 16.36 EPS for the current year.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 18th. Stockholders of record on Monday, August 10th were issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, August 10th. Cheniere Energy’s dividend payout ratio (DPR) is 16.53%.

Key Stories Impacting Cheniere Energy

Here are the key news stories impacting Cheniere Energy this week:

• Positive Sentiment: Cheniere substantially completed the Corpus Christi Stage 3 expansion, adding seven midscale liquefaction trains and approximately 10 million tonnes per annum of LNG production capacity. The project increases the company’s ability to serve growing global demand and should support future cash flow. Cheniere completes Corpus Christi Stage 3 LNG expansion project
• Positive Sentiment: The expansion milestone coincided with Cheniere exporting its 5,000th LNG cargo from the U.S. Gulf Coast, highlighting the scale and operating track record of its export platform. Cheniere exports 5,000th LNG cargo as it completes an expansion phase
• Positive Sentiment: Reports emphasized that Corpus Christi Stage 3 has reached the finish line, removing a major construction and execution risk while positioning Cheniere to benefit from increased LNG demand. US LNG exporter crosses finish line for Texas expansion project
• Positive Sentiment: Additional coverage described the project as substantially complete and noted the 5,000th cargo, reinforcing expectations for higher production and export volumes from the Texas facility. Cheniere Energy substantially completes Texas LNG expansion project
• Positive Sentiment: U.S. LNG feedgas demand reached its highest level since April, a sign of strong utilization at export terminals that could support Cheniere’s near-term volumes and operating leverage. US LNG feedgas demand hits highest level since April
• Neutral Sentiment: Cheniere was mentioned among CNBC “Final Trades,” providing some additional investor visibility, although the available report did not provide a detailed new investment thesis or company-specific recommendation. CNBC Final Trades

Analysts Set New Price Targets

LNG has been the subject of a number of recent analyst reports. Zacks Research cut shares of Cheniere Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Royal Bank Of Canada raised their target price on Cheniere Energy from $300.00 to $319.00 and gave the company an “outperform” rating in a report on Monday, August 24th. Wall Street Zen upgraded Cheniere Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Barclays upped their price objective on Cheniere Energy from $274.00 to $279.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, Weiss Ratings raised Cheniere Energy from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $304.35.

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.