440,700 Shares in Cheniere Energy, Inc. $LNG Bought by Holocene Advisors LP

Holocene Advisors LP bought a new position in Cheniere Energy, Inc. (NYSE:LNG) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 440,700 shares of the energy company’s stock, valued at approximately $107,319,000. Holocene Advisors LP owned approximately 0.20% of Cheniere Energy as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Pinnacle Bancorp Inc. lifted its holdings in shares of Cheniere Energy by 134.1% during the second quarter. Pinnacle Bancorp Inc. now owns 103 shares of the energy company’s stock worth $25,000 after purchasing an additional 59 shares during the period. Westside Investment Management Inc. lifted its holdings in Cheniere Energy by 473.7% in the second 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 acquired a new position in Cheniere Energy in the second quarter valued at approximately $28,000. Richardson Financial Services Inc. purchased a new stake in Cheniere Energy in the 2nd quarter worth approximately $30,000. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in shares of Cheniere Energy during the 2nd quarter worth approximately $34,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cheniere Energy

In related news, Director W Benjamin Moreland bought 5,000 shares of the stock in a transaction dated Tuesday, November 4th. The stock was acquired at an average price of $208.22 per share, for a total transaction of $1,041,100.00. Following the acquisition, the director owned 9,856 shares in the company, valued at approximately $2,052,216.32. This represents a 102.97% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.26% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on LNG. Weiss Ratings restated a “buy (b)” rating on shares of Cheniere Energy in a research report on Wednesday, October 8th. Scotiabank cut their price target on shares of Cheniere Energy from $261.00 to $257.00 and set a “sector outperform” rating for the company in a report on Thursday, November 13th. Zacks Research lowered shares of Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Mizuho raised their price target on shares of Cheniere Energy from $268.00 to $273.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Finally, Erste Group Bank cut Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Cheniere Energy currently has an average rating of “Moderate Buy” and an average price target of $268.47.

Cheniere Energy Stock Performance

NYSE LNG opened at $189.52 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.81 and a debt-to-equity ratio of 2.12. The stock has a market cap of $40.79 billion, a PE ratio of 10.56, a P/E/G ratio of 5.02 and a beta of 0.26. The stock has a fifty day simple moving average of $213.23 and a 200-day simple moving average of $227.83. Cheniere Energy, Inc. has a twelve month low of $188.70 and a twelve month 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 analysts’ consensus estimates of $2.75 by $2.00. The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.87 billion. Cheniere Energy had a net margin of 21.12% and a return on equity of 37.52%. The company’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.93 EPS. Equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 18th. Shareholders of record on Friday, November 7th were paid a $0.555 dividend. This is an increase from Cheniere Energy’s previous quarterly dividend of $0.50. This represents a $2.22 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, November 7th. Cheniere Energy’s payout ratio is currently 12.37%.

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.