Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich raised its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 16,691 shares of the energy company’s stock after acquiring an additional 851 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Cheniere Energy were worth $3,958,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of LNG. Farther Finance Advisors LLC raised its holdings in Cheniere Energy by 53.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock valued at $66,000 after acquiring an additional 128 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of Cheniere Energy by 21.4% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 4,556 shares of the energy company’s stock worth $819,000 after buying an additional 804 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of Cheniere Energy during the 3rd quarter worth approximately $28,000. Riverstone Advisors LLC increased its holdings in shares of Cheniere Energy by 1.1% during the 3rd quarter. Riverstone Advisors LLC now owns 14,736 shares of the energy company’s stock worth $2,650,000 after buying an additional 163 shares during the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Cheniere Energy during the 3rd quarter worth approximately $73,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group raised their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Stifel Nicolaus raised their price target on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, February 21st. UBS Group raised their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, November 15th. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Finally, Wells Fargo & Company increased their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, Cheniere Energy has a consensus rating of “Moderate Buy” and a consensus target price of $236.33.

Insider Buying and Selling at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction on Thursday, February 27th. The shares were 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 approximately $7,448,852.34. The trade was a 20.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.29% of the stock is currently owned by corporate insiders.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $220.57 on Monday. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 52 week low of $152.88 and a 52 week high of $257.65. The stock has a market capitalization of $49.33 billion, a PE ratio of 15.50 and a beta of 0.94. The firm has a 50 day moving average of $225.15 and a two-hundred day moving average of $206.54.

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

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.91%. Cheniere Energy’s dividend payout ratio is presently 14.05%.

Cheniere Energy Company 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.