3,104 Shares in Cheniere Energy, Inc. (NYSE:LNG) Bought by Creekmur Asset Management LLC

Creekmur Asset Management LLC acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,104 shares of the energy company's stock, valued at approximately $718,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. REAP Financial Group LLC raised its holdings in 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 purchasing an additional 75 shares in the last quarter. Banque Transatlantique SA purchased a new stake in Cheniere Energy in the fourth quarter valued at approximately $32,000. Cooksen Wealth LLC purchased a new stake in Cheniere Energy in the first quarter valued at approximately $38,000. Nemes Rush Group LLC boosted its position in Cheniere Energy by 2,022.2% in the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after buying an additional 182 shares during the last quarter. Finally, Ameriflex Group Inc. purchased a new stake in Cheniere Energy in the 4th quarter worth approximately $42,000. 87.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Cowen reiterated a "buy" rating on shares of Cheniere Energy in a research report on Wednesday, June 25th. Wolfe Research cut shares of Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Wells Fargo & Company set a $267.00 price target on Cheniere Energy and gave the stock an "overweight" rating in a report on Wednesday, June 25th. Jefferies Financial Group set a $288.00 price target on Cheniere Energy and gave the stock a "buy" rating in a report on Thursday, June 26th. Finally, Barclays restated an "overweight" rating and issued a $262.00 price objective (up from $253.00) on shares of Cheniere Energy in a report on Tuesday, July 15th. Two investment 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 currently has an average rating of "Moderate Buy" and an average price target of $260.36.

Insider Buying and Selling at Cheniere Energy

In other news, Director Neal A. Shear sold 4,300 shares of the stock in a transaction that occurred 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. This represents a 12.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.26% of the company's stock.

Cheniere Energy Stock Down 5.4%

Shares of LNG stock traded down $13.16 during trading hours on Monday, reaching $231.13. 1,611,698 shares of the stock were exchanged, compared to its average volume of 1,859,526. The business's fifty day moving average is $235.88 and its two-hundred day moving average is $229.20. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.19 and a quick ratio of 1.06. Cheniere Energy, Inc. has a 12-month low of $167.66 and a 12-month high of $257.65. The firm has a market capitalization of $51.26 billion, a P/E ratio of 16.92 and a beta of 0.42.

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 business had revenue of $5.44 billion during the quarter, compared to analyst estimates 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 for the quarter was up 28.0% compared to the same quarter last year. During the same period last year, the company earned $2.13 earnings per share. As a group, research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 18th. Stockholders of record on Friday, August 8th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Friday, August 8th. Cheniere Energy's payout ratio is currently 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.