Cheniere Energy, Inc. (NYSE:LNG) Stock Position Raised by Compound Global Advisors LLC

Compound Global Advisors LLC boosted its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 281.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,817 shares of the energy company's stock after buying an additional 2,817 shares during the period. Cheniere Energy accounts for approximately 4.9% of Compound Global Advisors LLC's investment portfolio, making the stock its 5th largest holding. Compound Global Advisors LLC's holdings in Cheniere Energy were worth $833,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in Cheniere Energy during the fourth quarter valued at approximately $335,000. Y Intercept Hong Kong Ltd acquired a new stake in Cheniere Energy in the fourth quarter valued at approximately $218,000. Mutual of America Capital Management LLC boosted its holdings in Cheniere Energy by 9.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 5,335 shares of the energy company's stock worth $1,146,000 after purchasing an additional 453 shares in the last quarter. SVB Wealth LLC acquired a new position in shares of Cheniere Energy during the 4th quarter valued at about $291,000. Finally, US Bancorp DE raised its position in shares of Cheniere Energy by 10.1% in the fourth quarter. US Bancorp DE now owns 16,007 shares of the energy company's stock valued at $3,439,000 after purchasing an additional 1,471 shares during the period. 87.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Cheniere Energy

In related news, Director Neal A. Shear sold 4,300 shares of the stock in a transaction dated 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 transaction, the director directly owned 29,733 shares of the company's stock, valued at $7,312,236.69. This represents a 12.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.26% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on LNG. Bank of America raised their price objective on shares of Cheniere Energy from $258.00 to $271.00 and gave the stock a "buy" rating in a research note on Wednesday, June 25th. UBS Group restated a "buy" rating and set a $277.00 target price on shares of Cheniere Energy in a research report on Tuesday, March 18th. JPMorgan Chase & Co. boosted their price target on shares of Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a research report on Monday, April 28th. Cowen restated a "buy" rating on shares of Cheniere Energy in a research note on Wednesday, June 25th. Finally, Jefferies Financial Group set a $288.00 price objective on Cheniere Energy and gave the stock a "buy" rating in a report on Thursday, June 26th. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Cheniere Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $258.36.

Cheniere Energy Stock Up 1.7%

NYSE:LNG traded up $3.99 during trading hours on Wednesday, hitting $240.03. 1,864,118 shares of the company traded hands, compared to its average volume of 1,847,062. The firm's 50-day simple moving average is $235.16 and its 200-day simple moving average is $226.73. 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 cap of $53.24 billion, a PE ratio of 17.56 and a beta of 0.42. Cheniere Energy, Inc. has a one year low of $167.66 and a one year high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 EPS 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 firm had revenue of $5.44 billion for the quarter, compared to analysts' expectations of $4.73 billion. During the same period in the prior year, the firm posted $2.13 EPS. Cheniere Energy's revenue was up 28.0% on a year-over-year basis. Equities analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 18th. Shareholders of record on Friday, August 8th will be issued 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 0.83%. Cheniere Energy's dividend payout ratio (DPR) is presently 14.63%.

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.