10,012 Shares in Cheniere Energy, Inc. $LNG Bought by CenterBook Partners LP

CenterBook Partners LP bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,012 shares of the energy company’s stock, valued at approximately $2,353,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LNG. Norges Bank purchased a new stake in shares of Cheniere Energy in the second quarter worth about $957,425,000. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in Cheniere Energy by 704.3% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 952,092 shares of the energy company’s stock valued at $231,853,000 after acquiring an additional 833,723 shares during the period. AustralianSuper Pty Ltd purchased a new stake in Cheniere Energy in the 3rd quarter worth approximately $142,688,000. Holocene Advisors LP acquired a new stake in shares of Cheniere Energy during the 2nd quarter worth approximately $107,319,000. Finally, American Century Companies Inc. grew its stake in shares of Cheniere Energy by 32.6% during the 2nd quarter. American Century Companies Inc. now owns 1,729,359 shares of the energy company’s stock worth $421,134,000 after purchasing an additional 425,106 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on LNG shares. Royal Bank Of Canada lowered their price target on shares of Cheniere Energy from $282.00 to $271.00 and set an “outperform” rating on the stock in a report on Wednesday, January 28th. Jefferies Financial Group set a $251.00 price objective on shares of Cheniere Energy in a research report on Sunday, January 25th. Erste Group Bank cut Cheniere Energy from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Raymond James Financial restated a “strong-buy” rating and issued a $278.00 price target (up previously from $275.00) on shares of Cheniere Energy in a research note on Friday, October 24th. Finally, Scotiabank reiterated an “outperform” rating and set a $266.00 price target on shares of Cheniere Energy in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $264.24.

Cheniere Energy Stock Up 1.1%

NYSE LNG opened at $226.26 on Friday. The business has a fifty day moving average price of $202.92 and a 200 day moving average price of $216.82. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.81 and a current ratio of 0.94. The company has a market cap of $48.70 billion, a P/E ratio of 12.61 and a beta of 0.27. Cheniere Energy, Inc. has a one year low of $186.20 and a one year high of $246.42.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 6th will be issued a $0.555 dividend. The ex-dividend date of this dividend is Friday, February 6th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.0%. Cheniere Energy’s dividend payout ratio is currently 12.37%.

About Cheniere Energy

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.