Flossbach Von Storch SE Takes Position in Cheniere Energy, Inc. (NYSE:LNG)

Flossbach Von Storch SE acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,125 shares of the energy company's stock, valued at approximately $492,000.

A number of other institutional investors also recently modified their holdings of LNG. REAP Financial Group LLC lifted its position in shares of Cheniere Energy by 150.0% during 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 acquired a new position in shares of Cheniere Energy during the 4th quarter valued at $32,000. Cooksen Wealth LLC acquired a new position in shares of Cheniere Energy during the 1st quarter valued at $38,000. Nemes Rush Group LLC lifted its position in shares of Cheniere Energy by 2,022.2% during the 4th 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. Finally, Ameriflex Group Inc. acquired a new position in shares of Cheniere Energy during the 4th quarter valued at $42,000. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Price Performance

LNG opened at $236.72 on Wednesday. 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 has a market cap of $52.50 billion, a P/E ratio of 17.32 and a beta of 0.42. Cheniere Energy, Inc. has a fifty-two week low of $167.66 and a fifty-two week high of $257.65. The firm has a 50-day moving average of $235.66 and a 200 day moving average of $227.78.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its earnings results on Thursday, May 8th. The energy company reported $1.57 earnings per share for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). The business had revenue of $5.44 billion for the quarter, compared to the consensus estimate of $4.73 billion. Cheniere Energy had a return on equity of 32.62% and a net margin of 18.37%. Cheniere Energy's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.13 EPS. On average, research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 18th. Shareholders of record on Friday, August 8th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $2.00 dividend on an annualized basis and a yield of 0.84%. Cheniere Energy's dividend payout ratio is presently 14.63%.

Analyst Ratings Changes

Several research analysts have weighed in on LNG shares. Raymond James Financial restated a "strong-buy" rating on shares of Cheniere Energy in a report on Wednesday, April 23rd. Stifel Nicolaus lowered their price objective on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. TD Cowen upped their price objective on shares of Cheniere Energy from $260.00 to $265.00 and gave the stock a "buy" rating in a report on Wednesday, June 25th. Wells Fargo & Company set a $267.00 price objective on shares of Cheniere Energy and gave the stock an "overweight" rating in a report on Wednesday, June 25th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Two equities 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 company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $258.36.

Insiders Place Their Bets

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 completion of the transaction, the director owned 29,733 shares in the company, valued at $7,312,236.69. This trade represents a 12.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is owned by corporate 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.