Capula Management Ltd Decreases Holdings in Cheniere Energy, Inc. $LNG

Capula Management Ltd decreased its stake in Cheniere Energy, Inc. (NYSE:LNG) by 39.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,154 shares of the energy company’s stock after selling 16,664 shares during the period. Capula Management Ltd’s holdings in Cheniere Energy were worth $5,911,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC grew its position in shares of Cheniere Energy by 1.5% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 3,268 shares of the energy company’s stock valued at $768,000 after acquiring an additional 47 shares during the period. Childress Capital Advisors LLC raised its holdings in shares of Cheniere Energy by 0.9% in the 3rd quarter. Childress Capital Advisors LLC now owns 5,385 shares of the energy company’s stock worth $1,265,000 after purchasing an additional 47 shares during the period. Ameriflex Group Inc. raised its holdings in shares of Cheniere Energy by 7.3% in the 3rd quarter. Ameriflex Group Inc. now owns 688 shares of the energy company’s stock worth $162,000 after purchasing an additional 47 shares during the period. Howard Capital Management Inc. lifted its stake in Cheniere Energy by 3.3% in the third quarter. Howard Capital Management Inc. now owns 1,488 shares of the energy company’s stock valued at $350,000 after purchasing an additional 48 shares during the last quarter. Finally, Titleist Asset Management LLC lifted its stake in Cheniere Energy by 1.5% in the second quarter. Titleist Asset Management LLC now owns 3,309 shares of the energy company’s stock valued at $806,000 after purchasing an additional 50 shares during the last quarter. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Cheniere Energy Stock Down 0.6%

Cheniere Energy stock opened at $252.44 on Friday. Cheniere Energy, Inc. has a 1-year low of $186.20 and a 1-year high of $259.24. The firm has a market capitalization of $53.06 billion, a price-to-earnings ratio of 10.39 and a beta of 0.25. The company has a current ratio of 0.94, a quick ratio of 0.81 and a debt-to-equity ratio of 1.74. The firm has a 50 day simple moving average of $218.91 and a 200 day simple moving average of $217.40.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Wednesday, February 25th. The energy company reported $10.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.90 by $6.78. Cheniere Energy had a return on equity of 32.04% and a net margin of 26.68%.The firm had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.48 billion. During the same quarter in the prior year, the business posted $4.33 earnings per share. The business’s quarterly revenue was up 22.9% on a year-over-year basis. On average, analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 6th were paid a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Friday, February 6th. Cheniere Energy’s payout ratio is presently 9.14%.

Cheniere Energy declared that its Board of Directors has approved a stock repurchase program on Thursday, February 26th that authorizes the company to repurchase $10.00 billion in shares. This repurchase authorization authorizes the energy company to buy up to 21.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

LNG has been the subject of a number of recent research reports. Barclays raised their target price on Cheniere Energy from $259.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Scotiabank upped their price target on Cheniere Energy from $266.00 to $285.00 and gave the company a “sector outperform” rating in a research report on Thursday, March 5th. UBS Group increased their price target on Cheniere Energy from $277.00 to $301.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Wolfe Research set a $220.00 price objective on Cheniere Energy and gave the stock an “outperform” rating in a report on Wednesday, January 14th. Finally, Weiss Ratings cut Cheniere Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $264.39.

About Cheniere Energy

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.