Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC grew its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 11.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,396 shares of the energy company's stock after purchasing an additional 1,447 shares during the period. Harbour Capital Advisors LLC's holdings in Cheniere Energy were worth $3,168,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of LNG. Brighton Jones LLC acquired a new stake in shares of Cheniere Energy in the fourth quarter valued at about $335,000. Sigma Planning Corp increased its holdings in Cheniere Energy by 20.8% in the fourth quarter. Sigma Planning Corp now owns 3,449 shares of the energy company's stock valued at $741,000 after buying an additional 593 shares in the last quarter. Howard Capital Management Inc. lifted its position in shares of Cheniere Energy by 5.1% during the 4th quarter. Howard Capital Management Inc. now owns 1,483 shares of the energy company's stock valued at $319,000 after acquiring an additional 72 shares during the period. Union Bancaire Privee UBP SA purchased a new stake in shares of Cheniere Energy during the 4th quarter worth approximately $2,451,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Cheniere Energy during the 4th quarter worth approximately $218,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LNG has been the subject of several research analyst reports. Wall Street Zen downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Scotiabank lowered their target price on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a report on Tuesday, April 29th. TD Cowen lifted their price target on Cheniere Energy from $260.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday. Wells Fargo & Company boosted their price objective on shares of Cheniere Energy from $253.00 to $267.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, Raymond James Financial restated a "strong-buy" rating on shares of Cheniere Energy in a report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $256.08.

Cheniere Energy Trading Down 1.3%

Shares of NYSE:LNG traded down $3.23 during trading on Wednesday, reaching $236.72. The stock had a trading volume of 1,604,247 shares, compared to its average volume of 1,877,289. 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 stock has a market cap of $52.50 billion, a P/E ratio of 17.32, a PEG ratio of 4.85 and a beta of 0.43. The business has a fifty day moving average price of $234.08 and a 200-day moving average price of $225.84. Cheniere Energy, Inc. has a fifty-two week low of $165.25 and a fifty-two week high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly 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 during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter last year, the firm posted $2.13 earnings per share. The company's revenue was up 28.0% on a year-over-year basis. As a group, analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 18th. Investors of record on Friday, August 8th will be given 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 0.84%. Cheniere Energy's dividend payout ratio (DPR) is presently 14.63%.

Insiders Place Their Bets

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of Cheniere Energy stock in a transaction 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 transaction, the director now owns 29,733 shares in the company, valued at $7,312,236.69. This trade represents a 12.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is owned by corporate insiders.

About Cheniere Energy

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.