2,500 Shares in Cheniere Energy, Inc. $LNG Bought by Brooklands Fund Management Ltd

Brooklands Fund Management Ltd bought a new stake in Cheniere Energy, Inc. (NYSE:LNG) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,500 shares of the energy company’s stock, valued at approximately $709,000. Cheniere Energy accounts for 0.8% of Brooklands Fund Management Ltd’s holdings, making the stock its 27th largest position.

Other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of Cheniere Energy in the 4th quarter worth about $731,774,000. Bank of New York Mellon Corp boosted its position in shares of Cheniere Energy by 174.3% during the 1st quarter. Bank of New York Mellon Corp now owns 2,244,268 shares of the energy company’s stock valued at $636,834,000 after purchasing an additional 1,426,058 shares in the last quarter. Marshall Wace LLP boosted its position in shares of Cheniere Energy by 555.0% during the 4th quarter. Marshall Wace LLP now owns 810,138 shares of the energy company’s stock valued at $157,483,000 after purchasing an additional 686,459 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Cheniere Energy by 518.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 577,533 shares of the energy company’s stock worth $112,267,000 after purchasing an additional 484,198 shares during the period. Finally, Vanguard Group Inc. grew its stake in Cheniere Energy by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 21,219,557 shares of the energy company’s stock worth $4,124,870,000 after purchasing an additional 414,022 shares during the period. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $271.95 on Friday. The firm has a market capitalization of $56.99 billion, a PE ratio of 44.73 and a beta of -0.01. The firm has a fifty day simple moving average of $243.97 and a two-hundred day simple moving average of $241.88. The company has a current ratio of 0.57, a quick ratio of 0.48 and a debt-to-equity ratio of 2.55. Cheniere Energy, Inc. has a 12 month low of $186.20 and a 12 month high of $300.89.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Monday, May 11th were given a $0.555 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $2.22 annualized dividend and a yield of 0.8%. Cheniere Energy’s dividend payout ratio (DPR) is presently 36.51%.

Analysts Set New Price Targets

LNG has been the topic of several recent analyst reports. Wolfe Research reissued an “outperform” rating and issued a $300.00 price target on shares of Cheniere Energy in a research note on Tuesday, June 2nd. UBS Group set a $290.00 price objective on shares of Cheniere Energy in a research report on Wednesday, May 13th. Morgan Stanley lowered their price objective on shares of Cheniere Energy from $313.00 to $308.00 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. Benchmark reiterated an “outperform” rating on shares of Cheniere Energy in a research report on Tuesday, May 26th. Finally, Royal Bank Of Canada increased their target price on shares of Cheniere Energy from $286.00 to $300.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 14th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $298.47.

Cheniere Energy 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.