Robeco Institutional Asset Management B.V. Increases Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Robeco Institutional Asset Management B.V. lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 61.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,664,439 shares of the energy company’s stock after acquiring an additional 631,787 shares during the quarter. Cheniere Energy accounts for about 0.7% of Robeco Institutional Asset Management B.V.’s investment portfolio, making the stock its 27th largest holding. Robeco Institutional Asset Management B.V.’s holdings in Cheniere Energy were worth $357,638,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB lifted its stake 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 valued at $26,000 after buying an additional 75 shares in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new stake in Cheniere Energy during the 3rd quarter worth approximately $27,000. Capital Performance Advisors LLP bought a new stake in Cheniere Energy during the 3rd quarter worth approximately $28,000. Strategic Investment Solutions Inc. IL bought a new stake in Cheniere Energy during the 2nd quarter worth approximately $30,000. Finally, Adirondack Trust Co. bought a new stake in Cheniere Energy during the 4th quarter worth approximately $43,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LNG has been the topic of a number of analyst reports. Barclays upped their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Stifel Nicolaus upped their target price on shares of Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Scotiabank upped their target price on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a report on Tuesday, January 21st. Royal Bank of Canada increased their price target 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. Finally, UBS Group increased 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. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $232.36.

Cheniere Energy Trading Up 0.9 %

Shares of LNG opened at $226.43 on Wednesday. The stock has a market capitalization of $50.80 billion, a P/E ratio of 14.46 and a beta of 0.99. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The firm has a fifty day simple moving average of $222.75 and a two-hundred day simple moving average of $198.27. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, beating the consensus estimate of $1.87 by $2.06. The business had revenue of $3.76 billion during the quarter, compared to analysts’ expectations of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The firm’s revenue for the quarter was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.37 EPS. On average, research analysts anticipate that Cheniere Energy, Inc. will post 12.67 EPS for the current year.

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.88%. Cheniere Energy’s payout ratio is currently 12.77%.

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.