1,269 Shares in Cheniere Energy, Inc. (NYSE:LNG) Bought by EP Wealth Advisors LLC

EP Wealth Advisors LLC bought a new position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,269 shares of the energy company's stock, valued at approximately $273,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in LNG. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after purchasing an additional 75 shares during the last quarter. WR Wealth Planners LLC raised its holdings in shares of Cheniere Energy by 373.1% during the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after purchasing an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cheniere Energy during the fourth quarter valued at approximately $29,000. Banque Transatlantique SA purchased a new position in shares of Cheniere Energy during the fourth quarter valued at approximately $32,000. Finally, Nemes Rush Group LLC raised its holdings in shares of Cheniere Energy by 2,022.2% during the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after purchasing an additional 182 shares during the last quarter. Institutional investors own 87.26% of the company's stock.

Cheniere Energy Price Performance

Shares of NYSE LNG traded down $0.89 during midday trading on Friday, reaching $234.83. The stock had a trading volume of 1,460,407 shares, compared to its average volume of 1,862,699. The stock has a 50-day moving average of $226.57 and a 200-day moving average of $221.48. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The company has a market capitalization of $52.08 billion, a price-to-earnings ratio of 16.50 and a beta of 0.41. Cheniere Energy, Inc. has a 12-month low of $153.03 and a 12-month high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). The firm had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.73 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business's revenue for the quarter was up 28.0% on a year-over-year basis. During the same period last year, the company earned $2.13 earnings per share. As a group, research analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Stockholders of record on Friday, May 9th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.85%. Cheniere Energy's dividend payout ratio (DPR) is presently 14.63%.

Analyst Ratings Changes

Several research firms have recently weighed in on LNG. StockNews.com cut shares of Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Morgan Stanley boosted their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Scotiabank decreased their price objective on shares of Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating for the company in a report on Tuesday, April 29th. UBS Group reaffirmed a "buy" rating and set a $277.00 target price on shares of Cheniere Energy in a report on Tuesday, March 18th. Finally, Raymond James reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Cheniere Energy currently has a consensus rating of "Moderate Buy" and an average target price of $252.23.

Insider Transactions at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction on 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 completion of the sale, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.26% of the company's stock.

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.