OMERS ADMINISTRATION Corp Purchases 1,595 Shares of Cheniere Energy, Inc. (NYSE:LNG)

OMERS ADMINISTRATION Corp increased its position in Cheniere Energy, Inc. (NYSE:LNG) by 19.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,982 shares of the energy company’s stock after purchasing an additional 1,595 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Cheniere Energy were worth $2,145,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LNG. Geneos Wealth Management Inc. raised its stake in shares of Cheniere Energy by 10.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company’s stock worth $99,000 after buying an additional 43 shares during the last quarter. Flagship Harbor Advisors LLC grew its holdings in Cheniere Energy by 2.0% during the 4th quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company’s stock worth $503,000 after acquiring an additional 46 shares during the period. BIP Wealth LLC raised its position in shares of Cheniere Energy by 1.4% during the 4th quarter. BIP Wealth LLC now owns 3,545 shares of the energy company’s stock valued at $762,000 after acquiring an additional 50 shares during the last quarter. NDVR Inc. raised its position in shares of Cheniere Energy by 4.8% during the 4th quarter. NDVR Inc. now owns 1,188 shares of the energy company’s stock valued at $255,000 after acquiring an additional 54 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in shares of Cheniere Energy by 1.7% in the 4th quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company’s stock valued at $719,000 after purchasing an additional 55 shares during the period. 87.26% of the stock is owned by institutional investors.

Insider Activity

In other news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was 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. This represents a 20.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.26% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on LNG shares. Argus started coverage on Cheniere Energy in a research note on Tuesday, March 18th. They issued a “buy” rating and a $255.00 target price on the stock. Barclays lifted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Stifel Nicolaus cut their target price on shares of Cheniere Energy from $255.00 to $247.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. UBS Group reissued a “buy” rating and issued a $277.00 price target on shares of Cheniere Energy in a report on Tuesday, March 18th. Finally, Raymond James reaffirmed a “strong-buy” rating on shares of Cheniere Energy in a research note on Wednesday, April 23rd. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $252.23.

Cheniere Energy Stock Down 0.2%

NYSE:LNG opened at $232.37 on Thursday. The stock has a 50-day simple moving average of $225.67 and a 200 day simple moving average of $220.76. Cheniere Energy, Inc. has a 52-week low of $153.03 and a 52-week high of $257.65. The company has a market cap of $51.78 billion, a PE ratio of 16.33 and a beta of 0.41. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.81 by ($1.24). Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The business had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter last year, the business earned $2.13 earnings per share. Cheniere Energy’s revenue for the quarter was up 28.0% on a year-over-year basis. On average, sell-side analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Friday, May 9th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.86%. Cheniere Energy’s dividend payout ratio is 14.63%.

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.