Cheniere Energy, Inc. (NYSE:LNG) Shares Purchased by Brown Advisory Inc.

Brown Advisory Inc. raised its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 4.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 74,838 shares of the energy company's stock after purchasing an additional 2,844 shares during the quarter. Brown Advisory Inc.'s holdings in Cheniere Energy were worth $17,317,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in LNG. REAP Financial Group LLC lifted its holdings in shares of Cheniere Energy by 150.0% in the fourth quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock worth $27,000 after buying an additional 75 shares in the last quarter. Banque Transatlantique SA purchased a new stake in shares of Cheniere Energy in the fourth quarter worth about $32,000. Cooksen Wealth LLC purchased a new stake in shares of Cheniere Energy in the first quarter worth about $38,000. Nemes Rush Group LLC lifted its holdings in shares of Cheniere Energy by 2,022.2% in the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock worth $41,000 after buying an additional 182 shares in the last quarter. Finally, Ameriflex Group Inc. purchased a new stake in shares of Cheniere Energy in the fourth quarter worth about $42,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on LNG shares. Wall Street Zen downgraded shares of Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Mizuho increased 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. Wolfe Research lowered Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Jefferies Financial Group set a $288.00 price objective on Cheniere Energy and gave the company a "buy" rating in a research note on Thursday, June 26th. Finally, TD Cowen raised 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, June 25th. Two equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $258.36.

Insider Buying and Selling

In other news, Director Neal A. Shear sold 4,300 shares of Cheniere Energy stock in a transaction on 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 completion of the sale, the director directly owned 29,733 shares of the company's stock, valued at approximately $7,312,236.69. The trade was a 12.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.26% of the stock is owned by corporate insiders.

Cheniere Energy Stock Performance

Shares of LNG stock traded up $0.85 during mid-day trading on Friday, reaching $235.08. The stock had a trading volume of 1,706,075 shares, compared to its average volume of 1,847,248. The company has a current ratio of 1.19, a quick ratio of 1.06 and a debt-to-equity ratio of 2.24. The firm has a market cap of $52.14 billion, a price-to-earnings ratio of 17.20 and a beta of 0.42. The business's fifty day moving average is $235.79 and its 200-day moving average is $228.42. 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). The firm 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 business's revenue was up 28.0% compared to the same quarter last year. During the same quarter last year, the business earned $2.13 EPS. On average, research 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 given a $0.50 dividend. The ex-dividend date of this dividend is Friday, August 8th. This represents a $2.00 dividend on an annualized basis and a yield of 0.85%. Cheniere Energy's dividend payout ratio is currently 14.63%.

Cheniere Energy Company 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.