Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Denali Advisors LLC

Denali Advisors LLC cut its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 14.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,693 shares of the energy company's stock after selling 3,558 shares during the period. Denali Advisors LLC's holdings in Cheniere Energy were worth $4,788,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of LNG. REAP Financial Group LLC increased its holdings in shares of Cheniere Energy by 150.0% in the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock valued at $27,000 after acquiring an additional 75 shares during the period. Banque Transatlantique SA purchased a new position in Cheniere Energy during the 4th quarter worth $32,000. Cooksen Wealth LLC purchased a new position in Cheniere Energy during the 1st quarter worth $38,000. Ameriflex Group Inc. acquired a new stake in Cheniere Energy during the 4th quarter worth about $42,000. Finally, Nemes Rush Group LLC lifted its position in Cheniere Energy by 2,022.2% during the 4th 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 period. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Stock Performance

Shares of NYSE LNG traded up $12.68 during midday trading on Friday, reaching $244.35. 5,482,972 shares of the company were exchanged, compared to its average volume of 1,860,106. 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 1 year low of $167.66 and a 1 year high of $257.65. The stock has a fifty day simple moving average of $235.88 and a 200 day simple moving average of $229.14. The stock has a market cap of $54.19 billion, a P/E ratio of 17.87 and a beta of 0.42.

Cheniere Energy (NYSE:LNG - Get Free Report) last released 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 company had revenue of $5.44 billion for the quarter, compared to analysts' expectations of $4.73 billion. Cheniere Energy had a return on equity of 32.62% and a net margin of 18.37%. The business's quarterly revenue was up 28.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.13 EPS. On average, research analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share 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. Investors of record on Friday, August 8th will be given a $0.50 dividend. The ex-dividend date is Friday, August 8th. This represents a $2.00 dividend on an annualized basis and a yield of 0.82%. Cheniere Energy's payout ratio is currently 14.63%.

Insider Buying and Selling

In other news, Director Neal A. Shear sold 4,300 shares of the business'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 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. The trade was a 12.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.26% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Bank of America boosted their price objective on Cheniere Energy from $258.00 to $271.00 and gave the company a "buy" rating in a report on Wednesday, June 25th. Wells Fargo & Company set a $267.00 price target on Cheniere Energy and gave the company an "overweight" rating in a research report on Wednesday, June 25th. Jefferies Financial Group set a $288.00 price target on Cheniere Energy and gave the company a "buy" rating in a research report on Thursday, June 26th. Raymond James Financial reiterated a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Finally, Cowen reiterated a "buy" rating on shares of Cheniere Energy in a research report on Wednesday, June 25th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Cheniere Energy currently has a consensus rating of "Moderate Buy" and an average price target of $260.36.

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.