Ausbil Investment Management Ltd Has $5.01 Million Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Ausbil Investment Management Ltd decreased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 41.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 22,538 shares of the energy company’s stock after selling 16,271 shares during the quarter. Cheniere Energy comprises approximately 3.0% of Ausbil Investment Management Ltd’s investment portfolio, making the stock its 12th largest holding. Ausbil Investment Management Ltd’s holdings in Cheniere Energy were worth $5,014,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of LNG. MassMutual Private Wealth & Trust FSB grew its stake in Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after acquiring an additional 75 shares during the period. Moisand Fitzgerald Tamayo LLC acquired a new stake in Cheniere Energy in the 3rd quarter valued at $27,000. Capital Performance Advisors LLP acquired a new stake in Cheniere Energy in the 3rd quarter valued at $28,000. Strategic Investment Solutions Inc. IL bought a new stake in Cheniere Energy during the 2nd quarter valued at $30,000. Finally, Adirondack Trust Co. acquired a new position in Cheniere Energy during the fourth quarter worth $43,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $223.71 on Friday. Cheniere Energy, Inc. has a 52 week low of $152.31 and a 52 week high of $257.65. The firm’s 50-day simple moving average is $223.13 and its two-hundred day simple moving average is $199.04. The firm has a market cap of $50.19 billion, a price-to-earnings ratio of 14.29 and a beta of 0.99. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $2.06. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter in the prior year, the firm posted $2.37 EPS. The firm’s quarterly revenue was down 9.5% on a year-over-year basis. As a group, equities analysts forecast that Cheniere Energy, Inc. will post 12.67 earnings per share for the current year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is presently 12.77%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Wells Fargo & Company boosted their target price 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. UBS Group increased their price objective on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Barclays lifted their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Morgan Stanley upped their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Royal Bank of Canada lifted their price objective on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $234.25.

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.