3,675 Shares in Cheniere Energy, Inc. $LNG Acquired by Machina Capital S.A.S.

Machina Capital S.A.S. acquired a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 3,675 shares of the energy company’s stock, valued at approximately $989,000.

Other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp acquired a new position in shares of Cheniere Energy in the second quarter worth $502,015,000. Wellington Management Group LLP raised its stake in shares of Cheniere Energy by 210.1% in the 2nd quarter. Wellington Management Group LLP now owns 2,444,403 shares of the energy company’s stock valued at $584,237,000 after acquiring an additional 1,656,194 shares in the last quarter. OMERS ADMINISTRATION Corp raised its stake in shares of Cheniere Energy by 6,513.7% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 564,742 shares of the energy company’s stock valued at $160,251,000 after acquiring an additional 556,203 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Cheniere Energy by 50.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 867,496 shares of the energy company’s stock valued at $246,161,000 after acquiring an additional 289,963 shares in the last quarter. Finally, Alyeska Investment Group L.P. lifted its holdings in Cheniere Energy by 61.1% in the 2nd quarter. Alyeska Investment Group L.P. now owns 632,971 shares of the energy company’s stock worth $151,286,000 after purchasing an additional 239,956 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on LNG shares. Wall Street Zen raised Cheniere Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Argus set a $330.00 price objective on shares of Cheniere Energy in a research note on Tuesday, August 18th. Bank of America reiterated a “buy” rating on shares of Cheniere Energy in a research note on Friday, October 30th. Jefferies Financial Group reiterated a “buy” rating and issued a $336.00 target price on shares of Cheniere Energy in a report on Saturday, October 10th. Finally, TD Cowen lifted their target price on shares of Cheniere Energy from $325.00 to $352.00 and gave the stock a “buy” rating in a report on Tuesday, November 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $324.41.

Cheniere Energy Stock Performance

Shares of NYSE LNG opened at $309.79 on Friday. Cheniere Energy, Inc. has a 12 month low of $186.20 and a 12 month high of $330.73. The company has a market cap of $63.26 billion, a P/E ratio of 21.62, a P/E/G ratio of 0.93 and a beta of 0.01. The business’s 50 day moving average is $284.04 and its two-hundred day moving average is $259.84. The company has a quick ratio of 0.76, a current ratio of 0.90 and a debt-to-equity ratio of 1.89.

Cheniere Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 17th. Investors of record on Monday, November 9th will be given a dividend of $0.6250 per share. This represents a $2.50 dividend on an annualized basis and a yield of 0.8%. This is an increase from Cheniere Energy’s previous quarterly dividend of $0.5550. The ex-dividend date of this dividend is Monday, November 9th. Cheniere Energy’s payout ratio is presently 17.45%.

Cheniere Energy Company Profile

Cheniere Energy, Inc. is a U.S. energy company focused on producing and exporting liquefied natural gas (LNG). Its operations include the Sabine Pass LNG facility in Louisiana and the Corpus Christi LNG facility in Texas, where natural gas is processed and liquefied for shipment. The company supplies LNG to customers in international markets, including countries in Asia, Europe and Latin America. Its activities also include sourcing natural gas and marketing LNG under long-term and other sales agreements.