CIBC Asset Management Inc lessened its stake in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 9.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,940 shares of the energy company’s stock after selling 1,089 shares during the quarter. CIBC Asset Management Inc’s holdings in Cheniere Energy were worth $535,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of LNG. Shamrock Asset Management LLC acquired a new stake in shares of Cheniere Energy during the 3rd quarter worth approximately $196,000. WINTON GROUP Ltd acquired a new stake in shares of Cheniere Energy during the 2nd quarter worth approximately $203,000. Nine Chapters Capital Management LLC acquired a new stake in shares of Cheniere Energy during the 3rd quarter worth approximately $207,000. Fiduciary Trust Co. acquired a new stake in shares of Cheniere Energy during the 4th quarter worth approximately $207,000. Finally, Colony Group LLC acquired a new stake in shares of Cheniere Energy during the 2nd quarter worth approximately $211,000.

Cheniere Energy, Inc. (NYSEAMERICAN LNG) opened at $57.40 on Wednesday. Cheniere Energy, Inc. has a one year low of $40.36 and a one year high of $60.22. The firm has a market cap of $13,810.00, a P/E ratio of -32.61 and a beta of 1.72.

Cheniere Energy (NYSEAMERICAN:LNG) last announced its quarterly earnings results on Tuesday, November 14th. The energy company reported ($1.24) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($1.08). The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the prior year, the firm posted ($0.41) earnings per share. The business’s quarterly revenue was up 201.7% on a year-over-year basis.

Several research analysts recently weighed in on the stock. Scotiabank reissued a “buy” rating and set a $65.00 price objective on shares of Cheniere Energy in a research note on Monday, January 29th. Zacks Investment Research raised shares of Cheniere Energy from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Morgan Stanley lifted their price objective on shares of Cheniere Energy from $50.00 to $59.00 and gave the stock an “equal weight” rating in a research note on Monday. Barclays set a $65.00 price objective on shares of Cheniere Energy and gave the stock a “buy” rating in a research note on Monday. Finally, Stifel Nicolaus assumed coverage on shares of Cheniere Energy in a research note on Thursday, January 4th. They set a “buy” rating and a $65.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $57.45.

In other news, Director Vicky A. Bailey sold 5,800 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $54.44, for a total value of $315,752.00. Following the sale, the director now owns 35,765 shares of the company’s stock, valued at $1,947,046.60. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director David B. Kilpatrick sold 20,000 shares of the business’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $49.15, for a total transaction of $983,000.00. Following the completion of the sale, the director now directly owns 2,464 shares in the company, valued at approximately $121,105.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 45,800 shares of company stock worth $2,299,152.

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Cheniere Energy Company Profile

Cheniere Energy, Inc (Cheniere) is an energy company primarily engaged in liquefied natural gas (LNG)-related businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business. Its LNG terminal segment consists of the Sabine Pass and Corpus Christi LNG terminals.

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

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