Institutional investor Lido Advisors reduced its Cheniere Energy stake by 7.8% in Q3, and hedge funds now own 85.86% of the company's stock.
Institutional investor Lido Advisors reduced its stake in Cheniere Energy by 7.8% in Q3, owning 31,860 shares. Hedge funds and other institutional investors now own 85.86% of Cheniere Energy's stock. The company reported Q4 EPS of $5.76, beating analysts' estimates by $3.06, with a net margin of 48.45% and a return on equity of 69.52%. Barclays, TD Cowen, Mizuho, and StockNews.com have provided recent reports with a consensus rating of "Buy" and an average price target of $197.10.
March 06, 2024
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