Cheniere Energy, Inc. (NYSE:LNG) Stock Holdings Boosted by Alps Advisors Inc.

Alps Advisors Inc. boosted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 18.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,587 shares of the energy company's stock after acquiring an additional 15,808 shares during the period. Alps Advisors Inc.'s holdings in Cheniere Energy were worth $23,739,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Leavell Investment Management Inc. grew its holdings in Cheniere Energy by 2.6% in the first quarter. Leavell Investment Management Inc. now owns 20,012 shares of the energy company's stock valued at $4,631,000 after purchasing an additional 498 shares during the period. Greenleaf Trust grew its holdings in Cheniere Energy by 1.1% in the first quarter. Greenleaf Trust now owns 4,212 shares of the energy company's stock valued at $975,000 after purchasing an additional 46 shares during the period. Flossbach Von Storch SE purchased a new stake in Cheniere Energy in the first quarter valued at approximately $492,000. Valeo Financial Advisors LLC grew its holdings in Cheniere Energy by 39.7% in the first quarter. Valeo Financial Advisors LLC now owns 3,210 shares of the energy company's stock valued at $743,000 after purchasing an additional 912 shares during the period. Finally, Stratos Wealth Partners LTD. grew its holdings in Cheniere Energy by 2.9% in the first quarter. Stratos Wealth Partners LTD. now owns 6,808 shares of the energy company's stock valued at $1,576,000 after purchasing an additional 189 shares during the period. Institutional investors and hedge funds own 87.26% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on LNG. Scotiabank reduced their price target on shares of 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. TD Cowen lifted their price target on shares of Cheniere Energy from $260.00 to $265.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Mizuho lifted their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. Wells Fargo & Company set a $267.00 price target on shares of Cheniere Energy and gave the company an "overweight" rating in a research report on Wednesday, June 25th. Finally, Raymond James Financial reissued a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Two research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Cheniere Energy has an average rating of "Moderate Buy" and an average target price of $258.36.

Cheniere Energy Stock Up 0.4%

LNG traded up $0.85 during trading on Friday, hitting $235.08. The company had a trading volume of 1,706,075 shares, compared to its average volume of 1,845,504. The company has a market cap of $52.14 billion, a PE ratio of 17.20 and a beta of 0.42. The business has a 50-day moving average of $235.79 and a 200-day moving average of $228.17. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.19 and a quick ratio of 1.06. Cheniere Energy, Inc. has a 1-year low of $167.66 and a 1-year high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last released 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 18.37% and a return on equity of 32.62%. The business had revenue of $5.44 billion for the quarter, compared to the consensus estimate of $4.73 billion. During the same quarter in the previous year, the firm earned $2.13 EPS. The firm's revenue for the quarter was up 28.0% on a year-over-year basis. As a group, analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 18th. Shareholders of record on Friday, August 8th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $2.00 annualized dividend and a yield of 0.85%. Cheniere Energy's payout ratio is 14.63%.

Insiders Place Their Bets

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of the business's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $245.93, for a total transaction of $1,057,499.00. Following the completion of the sale, the director owned 29,733 shares in the company, valued at $7,312,236.69. The trade was a 12.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.26% of the stock is currently owned by insiders.

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.