Dimensional Fund Advisors LP Sells 37,845 Shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG)

Dimensional Fund Advisors LP lowered its stake in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNGGet Rating) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 902,415 shares of the energy company’s stock after selling 37,845 shares during the quarter. Dimensional Fund Advisors LP owned about 0.36% of Cheniere Energy worth $91,521,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Yousif Capital Management LLC bought a new stake in shares of Cheniere Energy in the 4th quarter worth approximately $479,000. PGGM Investments bought a new position in Cheniere Energy in the fourth quarter worth $8,808,000. Beck Capital Management LLC lifted its position in Cheniere Energy by 19.6% in the third quarter. Beck Capital Management LLC now owns 30,212 shares of the energy company’s stock worth $2,951,000 after purchasing an additional 4,947 shares during the period. Wealthfront Advisers LLC acquired a new stake in Cheniere Energy during the fourth quarter worth $1,509,000. Finally, Keybank National Association OH bought a new stake in Cheniere Energy in the 4th quarter valued at $969,000. 88.17% of the stock is currently owned by institutional investors and hedge funds.

Shares of LNG stock opened at $135.53 on Friday. The stock has a market capitalization of $34.44 billion, a PE ratio of -14.65 and a beta of 1.26. The company has a debt-to-equity ratio of 24.30, a current ratio of 1.08 and a quick ratio of 0.93. Cheniere Energy, Inc. has a one year low of $80.06 and a one year high of $150.00.

Cheniere Energy (NYSEAMERICAN:LNGGet Rating) last issued its quarterly earnings data on Wednesday, May 4th. The energy company reported ($3.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.45 by ($6.86). The firm had revenue of $7.48 billion for the quarter, compared to analyst estimates of $5.56 billion. Cheniere Energy had a negative net margin of 14.77% and a positive return on equity of 30.72%. The firm’s revenue for the quarter was up 142.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.54 EPS. As a group, sell-side analysts expect that Cheniere Energy, Inc. will post 10.91 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 17th. Shareholders of record on Tuesday, May 10th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Monday, May 9th. This represents a $1.32 annualized dividend and a dividend yield of 0.97%. Cheniere Energy’s dividend payout ratio (DPR) is currently -14.27%.

LNG has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their target price on shares of Cheniere Energy from $183.00 to $192.00 in a research report on Thursday. Raymond James lifted their price objective on Cheniere Energy from $165.00 to $171.00 in a report on Wednesday, May 4th. Mizuho increased their target price on Cheniere Energy from $145.00 to $159.00 in a report on Friday, May 6th. Barclays raised their target price on Cheniere Energy from $131.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, March 14th. Finally, Wells Fargo & Company upped their price target on Cheniere Energy from $162.00 to $185.00 in a research report on Monday, May 9th. Eleven investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Cheniere Energy has an average rating of “Buy” and an average price target of $149.92.

In other news, Director Neal A. Shear sold 10,318 shares of Cheniere Energy stock in a transaction dated Thursday, March 31st. The stock was sold at an average price of $140.16, for a total transaction of $1,446,170.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.66% of the company’s stock.

Cheniere Energy Profile (Get Rating)

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 pipeline interconnecting the Sabine Pass LNG terminal with various interstate 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.

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Institutional Ownership by Quarter for Cheniere Energy (NYSEAMERICAN:LNG)

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