Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by Continuum Advisory LLC

Continuum Advisory LLC raised its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 17.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,201 shares of the energy company's stock after acquiring an additional 2,284 shares during the period. Continuum Advisory LLC's holdings in Cheniere Energy were worth $3,518,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. WR Wealth Planners LLC raised its holdings in Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after acquiring an additional 97 shares during the last quarter. REAP Financial Group LLC raised its holdings in Cheniere Energy by 150.0% in 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 last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Cheniere Energy in the 4th quarter valued at about $29,000. Banque Transatlantique SA acquired a new stake in Cheniere Energy in the 4th quarter valued at about $32,000. Finally, Ameriflex Group Inc. acquired a new stake in Cheniere Energy in the 4th quarter valued at about $42,000. Institutional investors and hedge funds own 87.26% of the company's stock.

Insiders Place Their Bets

In other news, Director Neal A. Shear sold 4,300 shares of the firm's 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 sale, the director now directly owns 29,733 shares in the company, valued at approximately $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 can be accessed through this link. 0.26% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on LNG. Wolfe Research cut shares of Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Wall Street Zen lowered Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Bank of America raised their target price on Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Argus began coverage on Cheniere Energy in a research note on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their price target on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Two investment 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, Cheniere Energy presently has a consensus rating of "Moderate Buy" and a consensus target price of $252.23.

Cheniere Energy Stock Down 0.9%

Cheniere Energy stock traded down $2.09 during mid-day trading on Monday, reaching $232.86. 1,412,137 shares of the company's stock were exchanged, compared to its average volume of 1,880,465. The company has a market cap of $51.65 billion, a P/E ratio of 17.03, a P/E/G ratio of 4.90 and a beta of 0.43. Cheniere Energy, Inc. has a twelve month low of $165.25 and a twelve month high of $257.65. 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 fifty day moving average of $233.83 and a 200-day moving average of $225.74.

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 (EPS) for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). The business had revenue of $5.44 billion for the quarter, compared to analyst estimates of $4.73 billion. Cheniere Energy had a return on equity of 32.62% and a net margin of 18.37%. Cheniere Energy's quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.13 earnings per share. Sell-side analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

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 issued a dividend of $0.50 per share. The ex-dividend date is Friday, August 8th. This represents a $2.00 dividend on an annualized basis and a yield of 0.86%. Cheniere Energy's dividend payout ratio (DPR) is presently 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.