Cheniere Energy, Inc. $LNG Shares Acquired by Achmea Investment Management B.V.

Achmea Investment Management B.V. lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 3.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 93,792 shares of the energy company’s stock after acquiring an additional 3,303 shares during the period. Achmea Investment Management B.V.’s holdings in Cheniere Energy were worth $22,841,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in LNG. Pinnacle Bancorp Inc. raised its position in shares of Cheniere Energy by 134.1% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 103 shares of the energy company’s stock worth $25,000 after acquiring an additional 59 shares in the last quarter. Westside Investment Management Inc. grew its stake in Cheniere Energy by 473.7% during the 2nd quarter. Westside Investment Management Inc. now owns 109 shares of the energy company’s stock worth $26,000 after buying an additional 90 shares during the last quarter. Hilltop National Bank purchased a new position in Cheniere Energy during the 2nd quarter worth approximately $28,000. Richardson Financial Services Inc. purchased a new position in Cheniere Energy during the 2nd quarter worth approximately $30,000. Finally, WPG Advisers LLC purchased a new position in Cheniere Energy during the 1st quarter worth approximately $38,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Insider Activity

In other Cheniere Energy news, Director W Benjamin Moreland bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was purchased at an average cost of $208.22 per share, for a total transaction of $1,041,100.00. Following the completion of the purchase, the director owned 9,856 shares of the company’s stock, valued at $2,052,216.32. This trade represents a 102.97% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.26% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on LNG. Mizuho boosted their target price on Cheniere Energy from $268.00 to $273.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Jefferies Financial Group set a $290.00 price objective on Cheniere Energy in a report on Thursday, October 30th. BMO Capital Markets initiated coverage on Cheniere Energy in a research report on Friday, September 19th. They set an “outperform” rating and a $268.00 target price on the stock. Scotiabank reiterated an “outperform” rating on shares of Cheniere Energy in a research report on Tuesday, July 15th. Finally, Barclays reiterated an “overweight” rating and set a $262.00 target price (up from $253.00) on shares of Cheniere Energy in a research report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Cheniere Energy currently has an average rating of “Moderate Buy” and an average target price of $268.73.

Cheniere Energy Stock Down 0.5%

Shares of NYSE:LNG opened at $205.68 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.98 and a debt-to-equity ratio of 1.96. Cheniere Energy, Inc. has a 52-week low of $188.70 and a 52-week high of $257.65. The stock’s fifty day simple moving average is $229.02 and its 200-day simple moving average is $232.71. The company has a market capitalization of $45.20 billion, a P/E ratio of 12.01, a P/E/G ratio of 6.08 and a beta of 0.37.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, October 30th. The energy company reported $4.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.75 by $2.00. Cheniere Energy had a return on equity of 37.83% and a net margin of 21.05%.The business had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.87 billion. During the same period in the prior year, the business earned $3.93 earnings per share. The business’s revenue was up 18.0% on a year-over-year basis. As a group, equities research analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 18th. Stockholders of record on Friday, November 7th will be given a $0.555 dividend. This is an increase from Cheniere Energy’s previous quarterly dividend of $0.50. This represents a $2.22 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Friday, November 7th. Cheniere Energy’s dividend payout ratio (DPR) is currently 12.37%.

Cheniere Energy 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.