Insider Selling: Cheniere Energy, Inc. (NYSE:LNG) Director Sells $1,975,590.00 in Stock

Cheniere Energy, Inc. (NYSE:LNG) Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the transaction, the director now owns 33,934 shares in the company, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Cheniere Energy Stock Performance

NYSE LNG opened at $228.51 on Monday. The company’s 50 day simple moving average is $224.28 and its two-hundred day simple moving average is $205.32. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $257.65. The stock has a market capitalization of $51.11 billion, a PE ratio of 16.06 and a beta of 0.98.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $2.74 by $1.59. The firm had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share 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 issued a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.88%. Cheniere Energy’s payout ratio is currently 14.05%.

Institutional Trading of Cheniere Energy

A number of large investors have recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB raised 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 purchasing an additional 75 shares in the last quarter. WR Wealth Planners LLC increased its holdings in shares of Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after buying an additional 97 shares during the last quarter. REAP Financial Group LLC raised its position in shares of Cheniere Energy by 150.0% during the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company’s stock valued at $27,000 after buying an additional 75 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Cheniere Energy during the 4th quarter valued at $29,000. Finally, Banque Transatlantique SA bought a new stake in shares of Cheniere Energy during the 4th quarter worth $32,000. Institutional investors own 87.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Barclays upped their price target on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. UBS Group upped their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a report on Friday, November 15th. Wells Fargo & Company increased 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. StockNews.com raised shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Finally, Stifel Nicolaus raised their price objective 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. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $235.75.

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.