Bensler LLC Buys 18,771 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Bensler LLC lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 93.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 38,962 shares of the energy company's stock after purchasing an additional 18,771 shares during the period. Bensler LLC's holdings in Cheniere Energy were worth $9,016,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in LNG. WR Wealth Planners LLC grew its stake 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 buying an additional 97 shares during the last quarter. REAP Financial Group LLC boosted its holdings in Cheniere Energy by 150.0% during the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock valued at $27,000 after acquiring an additional 75 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in Cheniere Energy during the 4th quarter worth approximately $29,000. Banque Transatlantique SA purchased a new position in Cheniere Energy in the 4th quarter worth approximately $32,000. Finally, Nemes Rush Group LLC increased its stake in Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock worth $41,000 after purchasing an additional 182 shares during the period. Hedge funds and other institutional investors own 87.26% of the company's stock.

Insider Buying and Selling

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of the firm's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $245.93, for a total value of $1,057,499.00. Following the transaction, the director now directly owns 29,733 shares of the company's stock, valued at approximately $7,312,236.69. This trade represents a 12.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.26% of the stock is currently owned by corporate insiders.

Cheniere Energy Stock Performance

Shares of Cheniere Energy stock traded up $2.95 during trading on Friday, hitting $237.99. 1,482,102 shares of the company's stock traded hands, compared to its average volume of 1,896,050. Cheniere Energy, Inc. has a 1 year low of $154.82 and a 1 year high of $257.65. The business has a 50-day simple moving average of $230.91 and a 200-day simple moving average of $225.12. The stock has a market capitalization of $52.78 billion, a P/E ratio of 16.72 and a beta of 0.43. 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 released its quarterly earnings data 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 for the quarter, compared to analysts' expectations of $4.73 billion. During the same period in the previous year, the firm earned $2.13 earnings per share. 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 EPS for the current year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend was Friday, May 9th. Cheniere Energy's payout ratio is currently 14.63%.

Wall Street Analysts Forecast Growth

LNG has been the subject of a number of analyst reports. Raymond James reissued a "strong-buy" rating on shares of Cheniere Energy in a research note on Wednesday, April 23rd. Argus started coverage on shares of Cheniere Energy in a research report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price target for the company. Stifel Nicolaus cut their price target on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Wall Street Zen downgraded shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Finally, Mizuho increased their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $252.23.

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.