denkapparat Operations GmbH Invests $330,000 in Cheniere Energy, Inc. (NYSE:LNG)

denkapparat Operations GmbH purchased a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,538 shares of the energy company’s stock, valued at approximately $330,000.

Other large investors have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its stake in shares of Cheniere Energy by 89.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 5,945 shares of the energy company’s stock worth $1,069,000 after buying an additional 2,808 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Cheniere Energy by 48.4% during the 3rd quarter. Fisher Asset Management LLC now owns 2,290 shares of the energy company’s stock worth $412,000 after purchasing an additional 747 shares during the period. Independent Advisor Alliance acquired a new stake in shares of Cheniere Energy in the third quarter valued at about $268,000. D.A. Davidson & CO. boosted its holdings in Cheniere Energy by 1.9% during the third quarter. D.A. Davidson & CO. now owns 9,345 shares of the energy company’s stock worth $1,681,000 after buying an additional 173 shares in the last quarter. Finally, Brooklyn Investment Group acquired a new position in Cheniere Energy during the third quarter worth about $169,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus lifted their price target on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, February 21st. StockNews.com upgraded Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Barclays raised their price target on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Morgan Stanley increased their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Finally, Mizuho lifted their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 18th. One analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $239.79.

Insider Buying and Selling

In other Cheniere Energy 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 sale, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.29% of the company’s stock.

Cheniere Energy Stock Performance

Cheniere Energy stock opened at $226.76 on Friday. The stock has a fifty day moving average price of $224.08 and a 200 day moving average price of $210.14. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 52 week low of $152.88 and a 52 week high of $257.65. The firm has a market capitalization of $50.72 billion, a P/E ratio of 15.94 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last released its 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 net margin of 20.71% and a return on equity of 37.19%. The business had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.88%. Cheniere Energy’s payout ratio is 14.05%.

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.