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Daymark Wealth Partners LLC Makes New $432,000 Investment in Cheniere Energy, Inc. (NYSE:LNG)

Cheniere Energy logo with Energy background

Daymark Wealth Partners LLC acquired a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,866 shares of the energy company's stock, valued at approximately $432,000.

Several other institutional investors have also made changes to their positions in the company. WR Wealth Planners LLC increased its stake in Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after buying an additional 97 shares during the period. REAP Financial Group LLC increased its stake in shares of 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 acquiring an additional 75 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Cheniere Energy during the fourth quarter worth $29,000. Banque Transatlantique SA acquired a new stake in Cheniere Energy during the fourth quarter valued at $32,000. Finally, Nemes Rush Group LLC grew its stake 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 purchasing an additional 182 shares in the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Cheniere Energy

In other Cheniere Energy 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 transaction of $1,057,499.00. Following the sale, the director owned 29,733 shares of the company's stock, valued at $7,312,236.69. This 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 this hyperlink. 0.26% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Wells Fargo & Company set a $267.00 price objective on Cheniere Energy and gave the stock an "overweight" rating in a research report on Wednesday, June 25th. JPMorgan Chase & Co. upped their price target on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Wolfe Research cut Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Mizuho boosted their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Finally, Cowen reiterated a "buy" rating on shares of Cheniere Energy in a research note on Wednesday, June 25th. 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, Cheniere Energy presently has a consensus rating of "Moderate Buy" and an average target price of $258.36.

View Our Latest Analysis on LNG

Cheniere Energy Price Performance

Shares of LNG stock traded up $3.58 during trading hours on Monday, hitting $243.58. The company had a trading volume of 1,664,126 shares, compared to its average volume of 1,848,385. The firm has a market capitalization of $54.02 billion, a price-to-earnings ratio of 17.82 and a beta of 0.43. The company has a debt-to-equity ratio of 2.24, a quick ratio of 1.06 and a current ratio of 1.19. The firm's fifty day moving average is $235.04 and its 200 day moving average is $226.66. Cheniere Energy, Inc. has a 12 month low of $167.66 and a 12 month 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 earnings per share (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 the consensus estimate of $4.73 billion. Cheniere Energy had a net margin of 18.37% and a return on equity of 32.62%. The company's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.13 EPS. On average, sell-side analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 18th. Investors of record on Friday, August 8th will be issued a $0.50 dividend. The ex-dividend date is Friday, August 8th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.82%. Cheniere Energy's dividend payout ratio is 14.63%.

About Cheniere Energy

(Free Report)

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.

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Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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