APG Asset Management N.V. decreased its position in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 3.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 374,893 shares of the energy company’s stock after selling 14,400 shares during the period. APG Asset Management N.V. owned about 0.15% of Cheniere Energy worth $19,411,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Executive Wealth Management LLC bought a new position in Cheniere Energy in the fourth quarter valued at approximately $124,000. Energy Opportunities Capital Management LLC increased its stake in shares of Cheniere Energy by 6.2% during the 4th quarter. Energy Opportunities Capital Management LLC now owns 27,720 shares of the energy company’s stock worth $1,641,000 after purchasing an additional 1,620 shares during the last quarter. Millennium Management LLC increased its stake in shares of Cheniere Energy by 524.3% during the 4th quarter. Millennium Management LLC now owns 1,725,271 shares of the energy company’s stock worth $102,119,000 after purchasing an additional 1,448,922 shares during the last quarter. Macquarie Group Ltd. increased its stake in shares of Cheniere Energy by 9.2% during the 4th quarter. Macquarie Group Ltd. now owns 2,487,381 shares of the energy company’s stock worth $147,228,000 after purchasing an additional 208,900 shares during the last quarter. Finally, Cetera Advisors LLC increased its stake in shares of Cheniere Energy by 6.9% during the 4th quarter. Cetera Advisors LLC now owns 4,644 shares of the energy company’s stock worth $278,000 after purchasing an additional 300 shares during the last quarter.
Several research analysts have recently weighed in on the stock. Evercore ISI initiated coverage on shares of Cheniere Energy in a research note on Tuesday, March 12th. They set an “outperform” rating on the stock. Scotiabank started coverage on shares of Cheniere Energy in a research report on Friday, February 8th. They set an “outperform” rating for the company. UBS Group initiated coverage on shares of Cheniere Energy in a research report on Thursday, January 3rd. They set a “buy” rating and a $72.00 price objective for the company. Finally, Goldman Sachs Group upgraded shares of Cheniere Energy from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 2nd. One analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. Cheniere Energy presently has an average rating of “Buy” and a consensus target price of $77.17.
Cheniere Energy (NYSEAMERICAN:LNG) last announced its quarterly earnings data on Tuesday, February 26th. The energy company reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.10). The firm had revenue of $2.38 billion for the quarter, compared to analysts’ expectations of $1.77 billion. The business’s revenue was up 36.5% on a year-over-year basis. During the same period last year, the firm posted $0.54 EPS.
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About Cheniere Energy
Cheniere Energy, Inc, an energy company, engages in the liquefied natural gas (LNG) related businesses in the United States. The company owns and operates Sabine Pass LNG terminal in Cameron Parish, Louisiana; and Corpus Christi LNG terminal near Corpus Christi, Texas. It also owns Creole Trail pipeline, a 94-mile pipeline interconnecting the Sabine Pass LNG terminal with various interstate pipelines; and operates Corpus Christi pipeline, a 23-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.
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