Cambridge Investment Research Advisors Inc. Increases Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Cambridge Investment Research Advisors Inc. increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 47.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 39,017 shares of the energy company's stock after purchasing an additional 12,539 shares during the quarter. Cambridge Investment Research Advisors Inc.'s holdings in Cheniere Energy were worth $9,028,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BIP Wealth LLC increased its position in Cheniere Energy by 1.4% during the fourth quarter. BIP Wealth LLC now owns 3,545 shares of the energy company's stock valued at $762,000 after acquiring an additional 50 shares during the last quarter. Glen Eagle Advisors LLC grew its holdings in Cheniere Energy by 3.7% during the 4th quarter. Glen Eagle Advisors LLC now owns 1,488 shares of the energy company's stock valued at $320,000 after purchasing an additional 53 shares during the last quarter. NDVR Inc. raised its position in Cheniere Energy by 4.8% in the 4th quarter. NDVR Inc. now owns 1,188 shares of the energy company's stock worth $255,000 after purchasing an additional 54 shares during the period. Larson Financial Group LLC raised its position in Cheniere Energy by 1.7% in the 4th quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company's stock worth $719,000 after purchasing an additional 55 shares during the period. Finally, American Money Management LLC boosted its position in shares of Cheniere Energy by 0.5% during the fourth quarter. American Money Management LLC now owns 10,987 shares of the energy company's stock valued at $2,361,000 after buying an additional 55 shares during the period. Hedge funds and other institutional investors own 87.26% of the company's stock.

Cheniere Energy Stock Performance

Shares of NYSE:LNG opened at $236.72 on Thursday. The firm has a 50 day moving average of $234.26 and a 200 day moving average of $225.92. The company has a quick ratio of 1.06, a current ratio of 1.19 and a debt-to-equity ratio of 2.24. The company has a market capitalization of $52.50 billion, a price-to-earnings ratio of 17.32, a price-to-earnings-growth ratio of 5.00 and a beta of 0.43. Cheniere Energy, Inc. has a 52 week low of $167.66 and a 52 week high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings results 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 company had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.73 billion. Cheniere Energy had a net margin of 18.37% and a return on equity of 32.62%. The company's revenue was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.13 earnings per share. On average, sell-side analysts predict 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 will be paid on Monday, August 18th. Shareholders of record on Friday, August 8th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, August 8th. This represents a $2.00 annualized dividend and a yield of 0.84%. Cheniere Energy's dividend payout ratio (DPR) is presently 14.63%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Mizuho increased their price target on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. Wall Street Zen downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Wolfe Research lowered shares of Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a research note on Wednesday, April 23rd. Finally, Scotiabank lowered 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 research report on Tuesday, April 29th. Two analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $256.08.

Insiders Place Their Bets

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $245.93, for a total value of $1,057,499.00. Following the completion of the sale, the director now directly owns 29,733 shares in the company, valued at $7,312,236.69. This trade represents a 12.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.26% of the stock is currently owned by corporate 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.

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