Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by Blair William & Co. IL

Blair William & Co. IL boosted its stake in Cheniere Energy, Inc. (NYSE:LNGFree Report) by 1.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,426 shares of the energy company’s stock after acquiring an additional 613 shares during the period. Blair William & Co. IL’s holdings in Cheniere Energy were worth $10,620,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in LNG. Geneos Wealth Management Inc. increased its position in shares of Cheniere Energy by 10.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company’s stock worth $99,000 after purchasing an additional 43 shares during the last quarter. Flagship Harbor Advisors LLC grew 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. Larson Financial Group LLC grew its stake in Cheniere Energy by 1.7% in the fourth quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company’s stock worth $719,000 after purchasing an additional 55 shares in the last quarter. Parallel Advisors LLC increased its holdings in Cheniere Energy by 0.8% in the fourth quarter. Parallel Advisors LLC now owns 7,043 shares of the energy company’s stock valued at $1,513,000 after buying an additional 59 shares during the last quarter. Finally, Hourglass Capital LLC raised its stake in 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 buying an additional 60 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Trading Down 0.3 %

Shares of LNG stock opened at $226.16 on Friday. The firm has a market capitalization of $50.58 billion, a PE ratio of 15.89 and a beta of 0.94. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a 1 year low of $152.88 and a 1 year high of $257.65. The stock has a fifty day moving average of $223.55 and a two-hundred day moving average of $210.70.

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

Cheniere Energy Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently commented on the company. TD Cowen lifted their target price on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Morgan Stanley raised their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Wells Fargo & Company boosted their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Finally, Mizuho increased their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. One equities research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, Cheniere Energy presently has a consensus rating of “Moderate Buy” and an average price target of $239.79.

Get Our Latest Stock Report on Cheniere Energy

Insider Activity at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction on 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 transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.29% of the company’s stock.

Cheniere Energy Profile

(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 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.

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

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