Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. trimmed its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 19.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,130 shares of the energy company’s stock after selling 25,529 shares during the quarter. Cheniere Energy accounts for 2.1% of Levin Capital Strategies L.P.’s holdings, making the stock its 16th largest holding. Levin Capital Strategies L.P.’s holdings in Cheniere Energy were worth $22,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Metis Global Partners LLC grew its stake in Cheniere Energy by 12.5% during the 4th quarter. Metis Global Partners LLC now owns 21,920 shares of the energy company’s stock worth $4,710,000 after purchasing an additional 2,436 shares in the last quarter. Williamson Legacy Group LLC grew its stake in Cheniere Energy by 46.2% during the 4th quarter. Williamson Legacy Group LLC now owns 7,572 shares of the energy company’s stock worth $1,627,000 after purchasing an additional 2,393 shares in the last quarter. US Bancorp DE grew its stake in Cheniere Energy by 10.1% during the 4th quarter. US Bancorp DE now owns 16,007 shares of the energy company’s stock worth $3,439,000 after purchasing an additional 1,471 shares in the last quarter. WR Wealth Planners LLC boosted its position in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after acquiring an additional 97 shares in the last quarter. Finally, Sage Investment Counsel LLC acquired a new position in shares of Cheniere Energy during the 4th quarter worth about $263,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Up 3.9 %

Cheniere Energy stock opened at $228.51 on Friday. Cheniere Energy, Inc. has a fifty-two week low of $152.31 and a fifty-two week high of $257.65. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The company has a market capitalization of $51.11 billion, a P/E ratio of 16.06 and a beta of 0.98. The stock has a 50-day simple moving average of $224.28 and a 200-day simple moving average of $205.17.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating the consensus estimate of $2.74 by $1.59. The firm had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. Equities research analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.88%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s dividend payout ratio is presently 14.05%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on LNG shares. Wells Fargo & Company upped their price objective on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Barclays upped their price objective on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Morgan Stanley upped their price objective on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. TD Cowen upped their price objective on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, UBS Group upped their price objective on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $235.75.

Insider Buying and Selling at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares of the company’s stock, valued at $7,448,852.34. This represents a 20.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.29% of the stock is owned by company insiders.

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.