Cheniere Energy, Inc. (NYSE:LNG) Holdings Boosted by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 89.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 183,390 shares of the energy company’s stock after acquiring an additional 86,800 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Cheniere Energy were worth $39,405,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of LNG. Ballentine Partners LLC lifted its holdings in Cheniere Energy by 7.2% in the third quarter. Ballentine Partners LLC now owns 4,240 shares of the energy company’s stock worth $763,000 after acquiring an additional 285 shares during the last quarter. BayBridge Capital Group LLC lifted its holdings in Cheniere Energy by 2.4% in the third quarter. BayBridge Capital Group LLC now owns 6,799 shares of the energy company’s stock worth $1,223,000 after acquiring an additional 160 shares during the last quarter. Highland Capital Management LLC lifted its holdings in Cheniere Energy by 394.4% in the third quarter. Highland Capital Management LLC now owns 28,245 shares of the energy company’s stock worth $5,080,000 after acquiring an additional 22,532 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its holdings in Cheniere Energy by 9.6% in the third quarter. DekaBank Deutsche Girozentrale now owns 132,933 shares of the energy company’s stock worth $23,881,000 after acquiring an additional 11,642 shares during the last quarter. Finally, Kavar Capital Partners Group LLC raised its holdings in shares of Cheniere Energy by 1.3% during the third quarter. Kavar Capital Partners Group LLC now owns 18,650 shares of the energy company’s stock valued at $3,354,000 after buying an additional 235 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Price Performance

Shares of NYSE:LNG opened at $220.90 on Friday. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The stock has a market cap of $49.56 billion, a price-to-earnings ratio of 15.52 and a beta of 0.98. Cheniere Energy, Inc. has a 12 month low of $152.31 and a 12 month high of $257.65. The stock’s 50 day moving average price is $223.08 and its 200 day moving average price is $203.79.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $1.59. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.91%. Cheniere Energy’s dividend payout ratio (DPR) is 14.05%.

Wall Street Analysts Forecast Growth

LNG has been the topic of a number of recent analyst reports. TD Cowen lifted their price target on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a report on Monday, January 27th. The Goldman Sachs Group lifted their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Barclays lifted their price target on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. UBS Group lifted their price target on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Scotiabank lifted their price target on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, Cheniere Energy has a consensus rating of “Moderate Buy” and an average price target of $235.75.

Cheniere Energy Company Profile

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.