Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Beaconlight Capital LLC

Beaconlight Capital LLC increased its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 51.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 105,197 shares of the energy company's stock after buying an additional 35,815 shares during the quarter. Cheniere Energy accounts for about 8.4% of Beaconlight Capital LLC's holdings, making the stock its 5th biggest holding. Beaconlight Capital LLC's holdings in Cheniere Energy were worth $22,604,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of LNG. World Investment Advisors LLC bought a new position in shares of Cheniere Energy in the 3rd quarter valued at $225,000. Wilmington Savings Fund Society FSB bought a new position in Cheniere Energy in the third quarter valued at about $159,000. Versant Capital Management Inc boosted its stake in shares of Cheniere Energy by 75.3% during the fourth quarter. Versant Capital Management Inc now owns 533 shares of the energy company's stock valued at $115,000 after purchasing an additional 229 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Cheniere Energy by 12.1% during the fourth quarter. GAMMA Investing LLC now owns 1,351 shares of the energy company's stock worth $290,000 after purchasing an additional 146 shares during the last quarter. Finally, Insight Wealth Strategies LLC acquired a new position in shares of Cheniere Energy in the fourth quarter valued at approximately $4,455,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director G Andrea Botta sold 9,000 shares of the firm's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the transaction, the director now owns 33,934 shares of the company's stock, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.26% of the company's stock.

Cheniere Energy Price Performance

Shares of NYSE LNG opened at $235.94 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The firm's 50-day moving average price is $223.37 and its 200-day moving average price is $218.16. The firm has a market capitalization of $52.57 billion, a P/E ratio of 16.58 and a beta of 0.67. Cheniere Energy, Inc. has a 1-year low of $153.03 and a 1-year high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) 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 business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. Equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Friday, May 9th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Friday, May 9th. Cheniere Energy's dividend payout ratio is currently 14.05%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Barclays boosted their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. StockNews.com raised Cheniere Energy from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Scotiabank reduced their price target on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a research report on Tuesday, April 29th. Argus started coverage on Cheniere Energy in a research note on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price objective on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday, April 28th. One investment analyst has rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $251.46.

Cheniere Energy Company 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.

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