Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Thompson Investment Management Inc.

Thompson Investment Management Inc. trimmed its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 6.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,100 shares of the energy company’s stock after selling 1,025 shares during the period. Thompson Investment Management Inc.’s holdings in Cheniere Energy were worth $3,030,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in LNG. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after buying an additional 75 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in Cheniere Energy in the 3rd quarter valued at $28,000. Adirondack Trust Co. acquired a new stake in Cheniere Energy in the 4th quarter valued at $43,000. City Holding Co. acquired a new stake in Cheniere Energy in the 4th quarter valued at $50,000. Finally, ORG Wealth Partners LLC acquired a new stake in Cheniere Energy in the 3rd quarter valued at $53,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. The Goldman Sachs Group increased their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Royal Bank of Canada increased their price target on Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Barclays raised their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. UBS Group raised their target price on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, Morgan Stanley raised their target price on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $234.25.

Cheniere Energy Price Performance

NYSE LNG opened at $217.23 on Friday. Cheniere Energy, Inc. has a 12 month low of $152.31 and a 12 month high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The firm has a market capitalization of $48.74 billion, a PE ratio of 13.87 and a beta of 0.98. The company’s 50 day simple moving average is $223.48 and its 200 day simple moving average is $200.88.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a $0.50 dividend. The ex-dividend date is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.92%. Cheniere Energy’s payout ratio is 12.77%.

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.