CX Institutional Invests $366,000 in Cheniere Energy, Inc. (NYSE:LNG)

CX Institutional bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,583 shares of the energy company's stock, valued at approximately $366,000.

A number of other hedge funds also recently modified their holdings of LNG. Brighton Jones LLC purchased a new stake in Cheniere Energy in the 4th quarter worth about $335,000. Yousif Capital Management LLC lifted its position in shares of Cheniere Energy by 8.1% in the fourth quarter. Yousif Capital Management LLC now owns 3,962 shares of the energy company's stock worth $851,000 after purchasing an additional 297 shares in the last quarter. Stephens Inc. AR grew its position in Cheniere Energy by 10.8% during the fourth quarter. Stephens Inc. AR now owns 1,745 shares of the energy company's stock valued at $375,000 after purchasing an additional 170 shares in the last quarter. Gladstone Institutional Advisory LLC purchased a new position in Cheniere Energy during the fourth quarter valued at approximately $260,000. Finally, Avestar Capital LLC acquired a new position in Cheniere Energy in the 4th quarter valued at approximately $208,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Insider Buying and Selling at Cheniere Energy

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of the firm's 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 now 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.26% of the company's stock.

Cheniere Energy Stock Performance

LNG traded up $2.26 during trading on Tuesday, hitting $235.87. The stock had a trading volume of 1,523,637 shares, compared to its average volume of 1,898,030. The firm has a market cap of $52.31 billion, a PE ratio of 17.25, a P/E/G ratio of 4.87 and a beta of 0.43. The company has a current ratio of 1.19, a quick ratio of 1.06 and a debt-to-equity ratio of 2.24. Cheniere Energy, Inc. has a 12 month low of $157.25 and a 12 month high of $257.65. The company has a 50 day simple moving average of $232.53 and a 200-day simple moving average of $225.42.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its quarterly earnings data 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 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 revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.13 EPS. Analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 18th. Stockholders of record on Friday, August 8th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.85%. Cheniere Energy's payout ratio is 14.63%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on LNG. Raymond James Financial restated a "strong-buy" rating on shares of Cheniere Energy in a report on Wednesday, April 23rd. Wall Street Zen downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Stifel Nicolaus dropped their target price on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Bank of America raised their price target on Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Finally, Scotiabank lowered their price target on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating for the company in a research note on Tuesday, April 29th. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $252.23.

Cheniere Energy 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.