Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 10.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,016 shares of the energy company's stock after buying an additional 1,052 shares during the quarter. D.A. Davidson & CO.'s holdings in Cheniere Energy were worth $2,549,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Xcel Wealth Management LLC raised its stake in shares of Cheniere Energy by 4.3% during the 1st quarter. Xcel Wealth Management LLC now owns 1,800 shares of the energy company's stock worth $417,000 after purchasing an additional 75 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in shares of Cheniere Energy by 0.8% during the 1st quarter. Teacher Retirement System of Texas now owns 108,111 shares of the energy company's stock worth $25,017,000 after purchasing an additional 823 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in shares of Cheniere Energy by 16.1% during the 1st quarter. First Horizon Advisors Inc. now owns 2,069 shares of the energy company's stock worth $479,000 after purchasing an additional 287 shares in the last quarter. Compound Global Advisors LLC boosted its stake in Cheniere Energy by 281.7% in the first quarter. Compound Global Advisors LLC now owns 3,817 shares of the energy company's stock valued at $833,000 after buying an additional 2,817 shares in the last quarter. Finally, Aaron Wealth Advisors LLC boosted its stake in Cheniere Energy by 5.5% in the first quarter. Aaron Wealth Advisors LLC now owns 2,063 shares of the energy company's stock valued at $477,000 after buying an additional 108 shares in the last quarter. 87.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Raymond James Financial reissued a "strong-buy" rating on shares of Cheniere Energy in a research note on Wednesday, April 23rd. Wall Street Zen downgraded shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. TD Cowen lifted their target price on Cheniere Energy from $260.00 to $265.00 and gave the stock a "buy" rating in a research note on Wednesday, June 25th. Argus assumed coverage on Cheniere Energy in a research note on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price objective on the stock. Finally, Mizuho upped their price target on Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. 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. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $258.36.

Cheniere Energy Stock Performance

NYSE LNG traded down $0.89 during trading hours on Wednesday, reaching $235.89. The stock had a trading volume of 617,993 shares, compared to its average volume of 2,125,208. The stock has a fifty day moving average of $235.66 and a 200 day moving average of $227.78. The stock has a market cap of $52.32 billion, a P/E ratio of 17.26 and a beta of 0.42. Cheniere Energy, Inc. has a 52-week low of $167.66 and a 52-week high of $257.65. The company has a debt-to-equity ratio of 2.24, a quick ratio of 1.06 and a current ratio of 1.19.

Cheniere Energy (NYSE:LNG - Get Free Report) last released 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 return on equity of 32.62% and a net margin of 18.37%. The company had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.73 billion. During the same quarter in the prior year, the company posted $2.13 EPS. The company's revenue for the quarter was up 28.0% on a year-over-year basis. Sell-side analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 18th. Stockholders of record on Friday, August 8th will be given 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 dividend yield of 0.85%. Cheniere Energy's dividend payout ratio (DPR) is 14.63%.

Insider Activity

In related news, Director Neal A. Shear sold 4,300 shares of the stock in a transaction 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 transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.26% of the stock is owned by company insiders.

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.