Quantitative Investment Management LLC Purchases Shares of 3,275 Cheniere Energy, Inc. $LNG

Quantitative Investment Management LLC purchased a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,275 shares of the energy company’s stock, valued at approximately $782,000.

A number of other institutional investors have also modified their holdings of LNG. State Street Corp lifted its holdings in shares of Cheniere Energy by 2.8% in the 4th quarter. State Street Corp now owns 6,174,695 shares of the energy company’s stock valued at $1,200,299,000 after buying an additional 167,622 shares during the period. Norges Bank acquired a new stake in Cheniere Energy during the fourth quarter worth about $731,774,000. Wellington Management Group LLP raised its position in Cheniere Energy by 210.1% during the second quarter. Wellington Management Group LLP now owns 2,444,403 shares of the energy company’s stock valued at $584,237,000 after acquiring an additional 1,656,194 shares in the last quarter. Victory Capital Management Inc. lifted its holdings 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 valued at $443,031,000 after acquiring an additional 253,469 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in Cheniere Energy by 6.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,263,826 shares of the energy company’s stock valued at $440,047,000 after acquiring an additional 134,695 shares during the period. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Up 0.8%

LNG opened at $293.98 on Wednesday. The company has a market cap of $60.72 billion and a PE ratio of 21.89. Cheniere Energy, Inc. has a twelve month low of $186.20 and a twelve month high of $300.89. The company has a 50-day moving average price of $262.66 and a 200 day moving average price of $254.50. 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 (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 the consensus estimate of $3.11 by ($0.09). Cheniere Energy had a return on equity of 29.80% and a net margin of 13.57%.The firm had revenue of $5.73 billion during the quarter, compared to analyst estimates of $4.92 billion. During the same quarter in the previous year, the firm posted $7.30 earnings per share. The company’s quarterly revenue was up 23.5% on a year-over-year basis. Sell-side analysts expect that Cheniere Energy, Inc. will post 16.36 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The company 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. This represents a $2.22 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, August 10th. Cheniere Energy’s dividend payout ratio (DPR) is 16.53%.

Analyst Upgrades and Downgrades

LNG has been the topic of a number of analyst reports. Wolfe Research reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Cheniere Energy in a research note on Tuesday, June 2nd. Weiss Ratings raised shares of Cheniere Energy from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Wall Street Zen raised shares of Cheniere Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Argus set a $330.00 price target on Cheniere Energy in a research note on Tuesday, August 18th. Finally, TD Cowen upped their price target on Cheniere Energy from $280.00 to $290.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $304.35.

Key Headlines Impacting Cheniere Energy

Here are the key news stories impacting Cheniere Energy this week:

• Positive Sentiment: Major capacity expansion completed: Cheniere received the seventh and final liquefaction train from contractor Bechtel. The project adds more than 10 million tonnes per annum (mtpa) of LNG capacity, raising the company’s total production capacity to approximately 56 mtpa—an increase of more than 20%. The additional capacity should support higher future volumes and strengthen Cheniere’s long-term growth outlook. Cheniere completes CCL Stage 3 liquefaction project in Texas
• Positive Sentiment: Expanded global LNG reach and operating milestone: Alongside the project completion, Cheniere produced and exported its 5,000th LNG cargo from the U.S. Gulf Coast. The milestone highlights the scale of its export platform and may reinforce investor confidence in the company’s ability to serve international LNG demand. Cheniere exports 5,000th LNG cargo
• Positive Sentiment: Direct market reaction was favorable: Reports attributed the stock’s rise to the Texas expansion announcement, with the completed project viewed as improving Cheniere’s production outlook and increasing its ability to generate revenue from LNG exports. Cheniere Energy shares rise after Texas LNG expansion completion

Cheniere Energy Profile

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.