WINTON GROUP Ltd Purchases Shares of 2,280 Cheniere Energy, Inc. $LNG

WINTON GROUP Ltd acquired a new position in Cheniere Energy, Inc. (NYSE:LNG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,280 shares of the energy company’s stock, valued at approximately $545,000.

A number of other large investors have also recently made changes to their positions in the business. Norges Bank purchased a new position in shares of Cheniere Energy during the fourth quarter valued at approximately $731,774,000. Wellington Management Group LLP lifted its stake in Cheniere Energy by 210.1% in the second quarter. Wellington Management Group LLP now owns 2,444,403 shares of the energy company’s stock worth $584,237,000 after acquiring an additional 1,656,194 shares during the period. Victory Capital Management Inc. lifted its stake in Cheniere Energy by 12.5% in the fourth quarter. Victory Capital Management Inc. now owns 2,279,078 shares of the energy company’s stock worth $443,031,000 after acquiring an additional 253,469 shares during the period. Bank of New York Mellon Corp boosted its holdings in Cheniere Energy by 174.3% in the first 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 acquiring an additional 1,426,058 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Cheniere Energy by 12.6% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,135,088 shares of the energy company’s stock valued at $510,307,000 after acquiring an additional 239,680 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Trading Down 1.4%

NYSE LNG opened at $270.39 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.87 and a debt-to-equity ratio of 1.97. Cheniere Energy, Inc. has a twelve month low of $186.20 and a twelve month high of $300.89. The firm has a market capitalization of $55.84 billion and a PE ratio of 20.13. The stock’s 50 day moving average is $270.60 and its 200 day moving average is $258.77.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.11 by ($0.09). The firm had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $4.92 billion. Cheniere Energy had a return on equity of 29.80% and a net margin of 13.57%.Cheniere Energy’s revenue for the quarter was up 23.5% compared to the same quarter last year. During the same quarter last year, the company posted $7.30 EPS. Research analysts forecast that Cheniere Energy, Inc. will post 16.31 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 18th. Stockholders of record on Monday, August 10th were given a $0.555 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 0.8%. Cheniere Energy’s dividend payout ratio is currently 16.53%.

Analysts Set New Price Targets

A number of brokerages have issued reports on LNG. Scotiabank boosted their price objective on shares of Cheniere Energy from $290.00 to $312.00 and gave the company an “outperform” rating in a research report on Thursday, September 10th. Weiss Ratings raised shares of Cheniere Energy from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 21st. Zacks Research lowered shares of Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. UBS Group reiterated a “buy” rating on shares of Cheniere Energy in a research report on Tuesday, September 1st. Finally, Sanford C. Bernstein assumed coverage on shares of Cheniere Energy in a research note on Tuesday, June 16th. They issued a “market perform” rating and a $283.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $305.65.

About Cheniere Energy

Cheniere Energy, Inc is a Houston-based energy company focused on the production, liquefaction, transportation and export of liquefied natural gas (LNG). The company purchases natural gas and processes it at its liquefaction facilities before shipping LNG to customers in international markets. Cheniere also provides natural gas pipeline, storage and other services that support its LNG operations.

Cheniere operates the Sabine Pass LNG facility in Cameron Parish, Louisiana, and the Corpus Christi LNG facility in South Texas.