Vestmark Advisory Solutions Inc. Has $528,000 Position in Cheniere Energy, Inc. (NYSE:LNG)

Vestmark Advisory Solutions Inc. grew its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 15.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,458 shares of the energy company’s stock after purchasing an additional 324 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Cheniere Energy were worth $528,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its stake in Cheniere Energy by 10.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company’s stock worth $99,000 after purchasing an additional 43 shares in the last quarter. Flagship Harbor Advisors LLC boosted its stake in Cheniere Energy by 2.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company’s stock worth $503,000 after purchasing an additional 46 shares in the last quarter. Hourglass Capital LLC lifted its stake in shares of Cheniere Energy by 0.6% during the fourth quarter. Hourglass Capital LLC now owns 10,950 shares of the energy company’s stock valued at $2,353,000 after acquiring an additional 60 shares during the period. Chemistry Wealth Management LLC lifted its stake in shares of Cheniere Energy by 5.2% during the fourth quarter. Chemistry Wealth Management LLC now owns 1,241 shares of the energy company’s stock valued at $267,000 after acquiring an additional 61 shares during the period. Finally, Premier Path Wealth Partners LLC lifted its stake in shares of Cheniere Energy by 5.4% during the fourth quarter. Premier Path Wealth Partners LLC now owns 1,191 shares of the energy company’s stock valued at $256,000 after acquiring an additional 61 shares during the period. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Up 2.4 %

Shares of Cheniere Energy stock opened at $220.57 on Friday. Cheniere Energy, Inc. has a 1 year low of $152.88 and a 1 year high of $257.65. The business has a 50-day moving average of $225.15 and a two-hundred day moving average of $206.37. The company has a market capitalization of $49.33 billion, a P/E ratio of 15.50 and a beta of 0.94. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. As a group, equities analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.91%. Cheniere Energy’s dividend payout ratio (DPR) is currently 14.05%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on LNG shares. The Goldman Sachs Group upped their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Stifel Nicolaus upped their price target on Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a research note on Friday, February 21st. UBS Group upped their price target on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. TD Cowen upped their price target on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Finally, Scotiabank upped their price target on Cheniere Energy from $247.00 to $254.00 and gave the company a “sector outperform” rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $236.33.

Insiders Place Their Bets

In other news, Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares of the company’s stock, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.29% of the company’s stock.

Cheniere Energy 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.