Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lowered its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 138,348 shares of the energy company’s stock after selling 1,072 shares during the quarter. State of New Jersey Common Pension Fund D owned about 0.06% of Cheniere Energy worth $23,617,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of LNG. HHM Wealth Advisors LLC acquired a new stake in shares of Cheniere Energy during the 3rd quarter worth approximately $25,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of Cheniere Energy by 203.4% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 176 shares of the energy company’s stock worth $29,000 after purchasing an additional 118 shares during the period. OFI Invest Asset Management acquired a new stake in Cheniere Energy in the 3rd quarter valued at approximately $40,000. Farmers & Merchants Investments Inc. increased its position in Cheniere Energy by 21.1% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 345 shares of the energy company’s stock valued at $57,000 after acquiring an additional 60 shares during the period. Finally, Avior Wealth Management LLC increased its position in Cheniere Energy by 133.3% in the 3rd quarter. Avior Wealth Management LLC now owns 350 shares of the energy company’s stock valued at $58,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Up 1.3 %

NYSE:LNG traded up $2.11 during trading hours on Thursday, hitting $159.53. 1,466,101 shares of the stock were exchanged, compared to its average volume of 1,892,496. The company’s 50 day moving average is $157.95. Cheniere Energy, Inc. has a twelve month low of $135.30 and a twelve month high of $183.46. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.63 and a quick ratio of 1.51. The firm has a market capitalization of $36.80 billion, a P/E ratio of 3.93 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, February 22nd. The energy company reported $5.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.70 by $3.06. The firm had revenue of $4.82 billion for the quarter, compared to the consensus estimate of $4.37 billion. Cheniere Energy had a return on equity of 69.52% and a net margin of 48.45%. The business’s revenue for the quarter was down 46.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $15.78 EPS. On average, equities research analysts expect that Cheniere Energy, Inc. will post 8.39 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Tuesday, February 6th were issued a dividend of $0.435 per share. The ex-dividend date was Monday, February 5th. This represents a $1.74 annualized dividend and a yield of 1.09%. Cheniere Energy’s dividend payout ratio is presently 4.30%.

Analyst Upgrades and Downgrades

Several research firms recently commented on LNG. TD Cowen lowered their target price on Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 27th. UBS Group decreased their price target on Cheniere Energy from $223.00 to $206.00 and set a “buy” rating for the company in a research note on Wednesday. Redburn Atlantic began coverage on Cheniere Energy in a research note on Tuesday, April 16th. They set a “neutral” rating and a $162.00 price target for the company. StockNews.com lowered Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, April 8th. Finally, Barclays lifted their price objective on Cheniere Energy from $192.00 to $194.00 and gave the company an “overweight” rating in a research report on Wednesday, January 17th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Cheniere Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $193.90.

About Cheniere Energy

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.