Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Centiva Capital LP

Centiva Capital LP lowered its position in Cheniere Energy, Inc. (NYSE:LNG) by 10.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 16,542 shares of the energy company’s stock after selling 1,850 shares during the quarter. Centiva Capital LP’s holdings in Cheniere Energy were worth $2,975,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. MCF Advisors LLC acquired a new position in shares of Cheniere Energy during the second quarter valued at approximately $26,000. Lynx Investment Advisory bought a new stake in Cheniere Energy during the second quarter worth approximately $27,000. Carolinas Wealth Consulting LLC boosted its holdings in Cheniere Energy by 5,000.0% during the second quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company’s stock worth $27,000 after buying an additional 150 shares in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new stake in Cheniere Energy during the third quarter worth approximately $27,000. Finally, Capital Performance Advisors LLP bought a new stake in Cheniere Energy during the third quarter worth approximately $28,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LNG. Bank of America began coverage on shares of Cheniere Energy in a report on Thursday, October 17th. They set a “buy” rating and a $215.00 target price for the company. Royal Bank of Canada raised their price objective on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. UBS Group raised their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Barclays raised their price objective on shares of Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Finally, Stifel Nicolaus decreased their price objective on shares of Cheniere Energy from $208.00 to $204.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $212.89.

Cheniere Energy Stock Down 0.6 %

LNG stock opened at $222.57 on Tuesday. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $225.44. 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 company has a market cap of $49.94 billion, a price-to-earnings ratio of 14.21 and a beta of 0.94. The company has a 50 day moving average of $196.75 and a two-hundred day moving average of $181.64.

Cheniere Energy (NYSE:LNG) last released its earnings results 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. The company had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The company’s revenue was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.37 EPS. On average, equities analysts anticipate that Cheniere Energy, Inc. will post 11.26 earnings per share for the current fiscal year.

Cheniere Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.90%. Cheniere Energy’s dividend 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.