TFR Capital LLC. Makes New Investment in Cheniere Energy, Inc. (NYSE:LNG)

TFR Capital LLC. purchased a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 7,130 shares of the energy company's stock, valued at approximately $1,532,000.

Other hedge funds also recently bought and sold shares of the company. Fractal Investments LLC raised its position in Cheniere Energy by 31.0% in the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock valued at $12,720,000 after purchasing an additional 14,000 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Cheniere Energy by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock valued at $7,812,000 after purchasing an additional 8,756 shares in the last quarter. Leavell Investment Management Inc. raised its position in Cheniere Energy by 10.2% in the 4th quarter. Leavell Investment Management Inc. now owns 19,514 shares of the energy company's stock valued at $4,193,000 after purchasing an additional 1,800 shares in the last quarter. Raab & Moskowitz Asset Management LLC raised its position in Cheniere Energy by 46.3% in the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 9,345 shares of the energy company's stock valued at $2,008,000 after purchasing an additional 2,957 shares in the last quarter. Finally, Martin Investment Management LLC raised its position in Cheniere Energy by 615.4% in the 4th quarter. Martin Investment Management LLC now owns 28,223 shares of the energy company's stock valued at $6,064,000 after purchasing an additional 24,278 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company's stock.

Wall Street Analysts Forecast Growth

LNG has been the topic of several research analyst reports. Stifel Nicolaus cut their target price on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Mizuho raised their target price on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. UBS Group reissued a "buy" rating and set a $277.00 target price on shares of Cheniere Energy in a research report on Tuesday, March 18th. TD Cowen raised their target price on Cheniere Energy from $250.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Finally, Morgan Stanley raised their target price on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Two research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $252.23.

Cheniere Energy Stock Performance

Shares of LNG stock traded down $1.54 during midday trading on Thursday, hitting $232.08. The company had a trading volume of 2,069,396 shares, compared to its average volume of 1,867,853. The company's 50 day simple moving average is $227.97 and its 200 day simple moving average is $223.54. Cheniere Energy, Inc. has a 52-week low of $153.58 and a 52-week high of $257.65. The stock has a market cap of $51.47 billion, a price-to-earnings ratio of 16.31 and a beta of 0.41. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its earnings results on Thursday, May 8th. The energy company reported $1.57 earnings per share for the quarter, missing the consensus estimate 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 analysts' expectations of $4.73 billion. During the same quarter last year, the business posted $2.13 earnings per share. The company's revenue for the quarter was up 28.0% compared to the same quarter last year. Research analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

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

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.