New York State Teachers Retirement System Acquires 128 Shares of Cheniere Energy, Inc. (NYSE:LNG)

New York State Teachers Retirement System grew its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,985 shares of the energy company’s stock after buying an additional 128 shares during the quarter. New York State Teachers Retirement System’s holdings in Cheniere Energy were worth $2,046,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bornite Capital Management LP acquired a new position in shares of Cheniere Energy during the 1st quarter worth about $13,865,000. MetLife Investment Management LLC acquired a new position in shares of Cheniere Energy during the 1st quarter worth about $2,102,000. Yousif Capital Management LLC increased its stake in shares of Cheniere Energy by 7.3% during the 1st quarter. Yousif Capital Management LLC now owns 5,069 shares of the energy company’s stock worth $703,000 after purchasing an additional 345 shares during the last quarter. Raymond James Trust N.A. increased its stake in shares of Cheniere Energy by 95.0% during the 1st quarter. Raymond James Trust N.A. now owns 4,244 shares of the energy company’s stock worth $589,000 after purchasing an additional 2,068 shares during the last quarter. Finally, Cibc World Market Inc. increased its stake in shares of Cheniere Energy by 22.8% during the 1st quarter. Cibc World Market Inc. now owns 4,287 shares of the energy company’s stock worth $594,000 after purchasing an additional 797 shares during the last quarter. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Stock Down 0.2 %

NYSE LNG opened at $154.09 on Wednesday. The company has a quick ratio of 1.51, a current ratio of 1.63 and a debt-to-equity ratio of 2.59. The company has a market cap of $36.16 billion, a P/E ratio of 3.80 and a beta of 0.94. Cheniere Energy, Inc. has a 12-month low of $135.30 and a 12-month high of $183.46. The firm has a 50-day simple moving average of $158.34.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, February 22nd. The energy company reported $5.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.70 by $3.06. The firm had revenue of $4.82 billion during the quarter, compared to the consensus estimate of $4.37 billion. Cheniere Energy had a net margin of 48.45% and a return on equity of 69.52%. The business’s revenue for the quarter was down 46.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $15.78 EPS. Equities analysts expect that Cheniere Energy, Inc. will post 8.39 EPS for the current year.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Tuesday, February 6th were issued a $0.435 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date was Monday, February 5th. Cheniere Energy’s dividend payout ratio is currently 4.30%.

Wall Street Analysts Forecast Growth

LNG has been the topic of several recent analyst reports. Redburn Atlantic initiated coverage on shares of Cheniere Energy in a research note on Tuesday. They set a “neutral” rating and a $162.00 price objective on the stock. StockNews.com lowered shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. TD Cowen decreased their price target on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 27th. Finally, Barclays upped their price target on shares of Cheniere Energy from $192.00 to $194.00 and gave the company an “overweight” rating in a research note on Wednesday, January 17th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $193.30.

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.