World Investment Advisors Boosts Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

World Investment Advisors boosted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 115.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,685 shares of the energy company’s stock after purchasing an additional 1,436 shares during the period. World Investment Advisors’ holdings in Cheniere Energy were worth $577,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of LNG. Westpac Banking Corp purchased a new position in shares of Cheniere Energy during the fourth quarter valued at approximately $72,000. Disciplined Investors L.L.C. bought a new stake in Cheniere Energy in the fourth quarter valued at $206,000. SevenBridge Financial Group LLC increased its position in Cheniere Energy by 15.4% during the 4th quarter. SevenBridge Financial Group LLC now owns 1,096 shares of the energy company’s stock valued at $240,000 after purchasing an additional 146 shares during the period. Martin Investment Management LLC raised its holdings in Cheniere Energy by 615.4% in the 4th quarter. Martin Investment Management LLC now owns 28,223 shares of the energy company’s stock worth $6,064,000 after purchasing an additional 24,278 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Cheniere Energy by 10.1% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,126,512 shares of the energy company’s stock worth $886,664,000 after purchasing an additional 379,142 shares during the period. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Trading Up 2.2 %

NYSE:LNG opened at $201.63 on Tuesday. The stock has a market cap of $45.10 billion, a price-to-earnings ratio of 14.17 and a beta of 0.67. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The company’s 50 day moving average price is $221.34 and its 200-day moving average price is $212.58. Cheniere Energy, Inc. has a 52 week low of $152.88 and a 52 week high of $257.65.

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

Cheniere Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is 14.05%.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the sale, the director now owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.29% of the stock is owned by insiders.

Analyst Ratings Changes

LNG has been the topic of several research analyst reports. Wells Fargo & Company boosted their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Mizuho increased their target price on Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 18th. Argus began coverage on Cheniere Energy in a research report on Tuesday, March 18th. They set a “buy” rating and a $255.00 price target on the stock. The Goldman Sachs Group upped their price target on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Finally, Morgan Stanley raised their price objective on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. One investment analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $239.79.

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.