Emerald Advisers LLC Has $2.15 Million Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Emerald Advisers LLC decreased its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 11.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,272 shares of the energy company's stock after selling 1,203 shares during the period. Emerald Advisers LLC's holdings in Cheniere Energy were worth $2,146,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LNG. REAP Financial Group LLC grew its position in Cheniere Energy by 150.0% in 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 last quarter. Banque Transatlantique SA bought a new stake in shares of Cheniere Energy in the fourth quarter valued at about $32,000. Cooksen Wealth LLC acquired a new stake in Cheniere Energy during the first quarter worth about $38,000. Ameriflex Group Inc. bought a new position in Cheniere Energy during the fourth quarter valued at about $42,000. Finally, Nemes Rush Group LLC increased its stake in Cheniere Energy by 2,022.2% during the fourth quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after acquiring an additional 182 shares during the period. Institutional investors and hedge funds own 87.26% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Bank of America lifted their price objective on Cheniere Energy from $258.00 to $271.00 and gave the stock a "buy" rating in a report on Wednesday, June 25th. Jefferies Financial Group set a $288.00 price target on shares of Cheniere Energy and gave the stock a "buy" rating in a research note on Thursday, June 26th. UBS Group restated a "buy" rating and issued a $277.00 price objective on shares of Cheniere Energy in a research note on Tuesday, March 18th. Wolfe Research downgraded shares of Cheniere Energy from an "outperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Finally, Wall Street Zen cut shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Two research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $258.36.

Insider Buying and Selling

In other news, Director Neal A. Shear sold 4,300 shares of Cheniere Energy 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 sale, the director directly owned 29,733 shares of the company's stock, valued at approximately $7,312,236.69. This trade represents a 12.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.26% of the company's stock.

Cheniere Energy Stock Performance

Shares of NYSE:LNG opened at $235.08 on Monday. The business has a fifty day moving average of $235.79 and a 200-day moving average of $228.42. 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, Inc. has a twelve month low of $167.66 and a twelve month high of $257.65. The firm has a market cap of $52.14 billion, a PE ratio of 17.20 and a beta of 0.42.

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). Cheniere Energy had a net margin of 18.37% and a return on equity of 32.62%. The company had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter in the previous year, the business posted $2.13 EPS. The company's revenue was up 28.0% compared to the same quarter last year. On average, equities research analysts predict that Cheniere Energy, Inc. will post 11.69 EPS 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. Shareholders of record on Friday, August 8th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Friday, August 8th. Cheniere Energy's dividend payout ratio is 14.63%.

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.

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