Blair William & Co. IL Grows Position in Cheniere Energy, Inc. (NYSEAMERICAN:LNG)

Blair William & Co. IL raised its holdings in Cheniere Energy, Inc. (NYSEAMERICAN:LNGFree Report) by 0.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,575 shares of the energy company’s stock after buying an additional 332 shares during the quarter. Blair William & Co. IL’s holdings in Cheniere Energy were worth $7,232,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in LNG. Farmers & Merchants Investments Inc. lifted its stake in shares of Cheniere Energy by 21.1% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 345 shares of the energy company’s stock valued at $57,000 after purchasing an additional 60 shares during the period. Winch Advisory Services LLC lifted its stake in shares of Cheniere Energy by 11.4% in the 3rd quarter. Winch Advisory Services LLC now owns 647 shares of the energy company’s stock valued at $107,000 after purchasing an additional 66 shares during the period. Meiji Yasuda Asset Management Co Ltd. lifted its stake in shares of Cheniere Energy by 0.8% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 8,810 shares of the energy company’s stock valued at $1,321,000 after purchasing an additional 70 shares during the period. Meridian Wealth Management LLC raised its stake in Cheniere Energy by 0.4% during the fourth quarter. Meridian Wealth Management LLC now owns 18,334 shares of the energy company’s stock valued at $2,749,000 after buying an additional 76 shares during the last quarter. Finally, AdvisorNet Financial Inc raised its stake in Cheniere Energy by 7.7% during the third quarter. AdvisorNet Financial Inc now owns 1,077 shares of the energy company’s stock valued at $179,000 after buying an additional 77 shares during the last quarter. 85.86% of the stock is currently owned by institutional investors.

Cheniere Energy Stock Up 0.6 %

Shares of NYSEAMERICAN:LNG opened at $158.89 on Tuesday. Cheniere Energy, Inc. has a 52-week low of $135.30 and a 52-week high of $183.46. The company has a market capitalization of $37.86 billion, a PE ratio of 5.15, a P/E/G ratio of 0.65 and a beta of 0.96. The business has a 50 day moving average price of $162.80. The company has a debt-to-equity ratio of 3.02, a quick ratio of 1.43 and a current ratio of 1.54.

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Tuesday, February 6th will be given a dividend of $0.435 per share. The ex-dividend date of this dividend is Monday, February 5th. This represents a $1.74 annualized dividend and a yield of 1.10%. Cheniere Energy’s dividend payout ratio (DPR) is presently 3.44%.

Wall Street Analyst Weigh In

LNG has been the subject of a number of recent research reports. Mizuho lifted their price objective on Cheniere Energy from $187.00 to $195.00 and gave the company a “buy” rating in a research note on Friday, December 15th. Barclays lifted their price objective on Cheniere Energy from $192.00 to $194.00 and gave the company an “overweight” rating in a research note on Wednesday, January 17th. Finally, StockNews.com cut Cheniere Energy from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 9th. Ten equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $198.70.

Get Our Latest Research Report on Cheniere Energy

About Cheniere Energy

(Free Report)

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 pipeline interconnecting the Sabine Pass LNG terminal with various interstate 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.

See Also

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Institutional Ownership by Quarter for Cheniere Energy (NYSEAMERICAN:LNG)

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