Total Wealth Planning & Management Inc. Acquires New Shares in Cheniere Energy, Inc. (NYSE:LNG)

Total Wealth Planning & Management Inc. purchased a new position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,580 shares of the energy company's stock, valued at approximately $1,414,000. Cheniere Energy makes up about 1.3% of Total Wealth Planning & Management Inc.'s holdings, making the stock its 14th largest position.

A number of other institutional investors also recently bought and sold shares of LNG. WR Wealth Planners LLC grew its position in Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after purchasing an additional 97 shares during the period. REAP Financial Group LLC boosted its stake in shares of Cheniere Energy by 150.0% during the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock worth $27,000 after acquiring an additional 75 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cheniere Energy during the 4th quarter worth $29,000. Banque Transatlantique SA purchased a new position in shares of Cheniere Energy during the 4th quarter worth $32,000. Finally, Nemes Rush Group LLC boosted its stake in shares of Cheniere Energy by 2,022.2% during the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock worth $41,000 after acquiring an additional 182 shares during the last quarter. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Price Performance

Shares of Cheniere Energy stock traded down $1.54 during trading on Thursday, reaching $232.08. 2,069,396 shares of the company's stock were exchanged, compared to its average volume of 1,867,853. Cheniere Energy, Inc. has a 1-year low of $153.58 and a 1-year high of $257.65. The firm's 50-day moving average price is $227.97 and its 200 day moving average price is $223.54. 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 cap of $51.47 billion, a P/E ratio of 16.31 and a beta of 0.41.

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

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, May 9th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend was Friday, May 9th. Cheniere Energy's dividend payout ratio (DPR) is 14.63%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. TD Cowen lifted their price target on shares of Cheniere Energy from $250.00 to $260.00 and gave the company a "buy" rating in a report on Friday, May 9th. Bank of America boosted their price objective on shares of Cheniere Energy from $254.00 to $258.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Raymond James reiterated a "strong-buy" rating on shares of Cheniere Energy in a research note on Wednesday, April 23rd. Argus began coverage on shares of Cheniere Energy in a research note on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price objective on the stock. Finally, Wall Street Zen downgraded shares of Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Cheniere Energy presently has a consensus rating of "Moderate Buy" and a consensus target price of $252.23.

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.