D.A. Davidson & CO. Purchases 1,052 Shares of Cheniere Energy, Inc. (NYSE:LNG)

D.A. Davidson & CO. boosted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 10.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 11,016 shares of the energy company's stock after purchasing an additional 1,052 shares during the period. D.A. Davidson & CO.'s holdings in Cheniere Energy were worth $2,549,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of LNG. REAP Financial Group LLC increased its position in Cheniere Energy by 150.0% during the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock worth $27,000 after purchasing an additional 75 shares during the period. Banque Transatlantique SA acquired a new position in shares of Cheniere Energy in the fourth quarter worth $32,000. Nemes Rush Group LLC raised 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 acquiring an additional 182 shares during the last quarter. Ameriflex Group Inc. acquired a new stake in Cheniere Energy in the 4th quarter worth about $42,000. Finally, Tsfg LLC boosted its stake in Cheniere Energy by 676.0% in the 1st quarter. Tsfg LLC now owns 194 shares of the energy company's stock worth $45,000 after buying an additional 169 shares during the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Neal A. Shear sold 4,300 shares of Cheniere Energy stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $245.93, for a total transaction of $1,057,499.00. Following the completion of the sale, the director owned 29,733 shares in the company, valued at $7,312,236.69. The trade was a 12.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.26% of the company's stock.

Cheniere Energy Price Performance

LNG traded down $1.84 during midday trading on Tuesday, reaching $236.72. 1,510,054 shares of the company's stock were exchanged, compared to its average volume of 1,845,513. The firm has a market capitalization of $52.50 billion, a price-to-earnings ratio of 17.32 and a beta of 0.42. The company has a quick ratio of 1.06, a current ratio of 1.19 and a debt-to-equity ratio of 2.24. Cheniere Energy, Inc. has a one year low of $167.66 and a one year high of $257.65. The business has a 50-day simple moving average of $235.68 and a two-hundred day simple moving average of $227.72.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its earnings results on Thursday, May 8th. The energy company reported $1.57 EPS for the quarter, missing the consensus estimate 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 return on equity of 32.62% and a net margin of 18.37%. The firm's revenue was up 28.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.13 earnings per share. As a group, research analysts predict 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. Shareholders of record on Friday, August 8th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Friday, August 8th. Cheniere Energy's payout ratio is presently 14.63%.

Analyst Ratings Changes

Several brokerages have commented on LNG. UBS Group restated a "buy" rating and set a $277.00 price target on shares of Cheniere Energy in a research note on Tuesday, March 18th. Wolfe Research downgraded Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Stifel Nicolaus decreased their target price on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Finally, Jefferies Financial Group set a $288.00 target price on Cheniere Energy and gave the stock a "buy" rating in a research report on Thursday, June 26th. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Cheniere Energy presently has a consensus rating of "Moderate Buy" and an average target price of $258.36.

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.