ANTIPODES PARTNERS Ltd Invests $62.87 Million in Cheniere Energy, Inc. $LNG

ANTIPODES PARTNERS Ltd purchased a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 267,542 shares of the energy company’s stock, valued at approximately $62,872,000.

Other institutional investors have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA increased its stake in shares of Cheniere Energy by 0.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,687,388 shares of the energy company’s stock valued at $1,141,473,000 after buying an additional 26,843 shares in the last quarter. Norges Bank acquired a new stake in Cheniere Energy in the 2nd quarter valued at about $957,425,000. Geode Capital Management LLC increased its position in Cheniere Energy by 1.9% in the 2nd quarter. Geode Capital Management LLC now owns 3,874,796 shares of the energy company’s stock valued at $940,578,000 after acquiring an additional 70,475 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in shares of Cheniere Energy by 0.5% in the second quarter. Canada Pension Plan Investment Board now owns 1,845,285 shares of the energy company’s stock worth $449,364,000 after acquiring an additional 8,740 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Cheniere Energy by 32.6% during the second 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 in the last quarter. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Up 0.1%

Shares of LNG stock opened at $226.40 on Friday. The firm’s fifty day moving average price is $203.66 and its two-hundred day moving average price is $216.71. The company has a current ratio of 0.94, a quick ratio of 0.81 and a debt-to-equity ratio of 1.94. Cheniere Energy, Inc. has a 1 year low of $186.20 and a 1 year high of $246.42. The firm has a market capitalization of $48.73 billion, a P/E ratio of 12.61 and a beta of 0.27.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 6th will be issued a dividend of $0.555 per share. The ex-dividend date is Friday, February 6th. This represents a $2.22 dividend on an annualized basis and a yield of 1.0%. Cheniere Energy’s dividend payout ratio (DPR) is presently 12.37%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Erste Group Bank lowered Cheniere Energy from a “buy” rating to a “hold” rating in a research report on Monday, November 10th. Wolfe Research set a $220.00 price target on Cheniere Energy and gave the company an “outperform” rating in a report on Wednesday, January 14th. Royal Bank Of Canada lowered their price objective on Cheniere Energy from $282.00 to $271.00 and set an “outperform” rating for the company in a research report on Wednesday, January 28th. Zacks Research cut Cheniere Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, BMO Capital Markets restated an “outperform” rating and set a $254.00 target price on shares of Cheniere Energy in a research report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $264.24.

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.