Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Franklin Street Advisors Inc. NC

Franklin Street Advisors Inc. NC raised its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 81.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,386 shares of the energy company's stock after buying an additional 26,593 shares during the quarter. Franklin Street Advisors Inc. NC's holdings in Cheniere Energy were worth $13,742,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LNG. WR Wealth Planners LLC grew its holdings 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 grew its holdings in 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 buying an additional 75 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in Cheniere Energy in the 4th quarter valued at about $29,000. Banque Transatlantique SA purchased a new stake in Cheniere Energy in the 4th quarter valued at about $32,000. Finally, Nemes Rush Group LLC grew its holdings in Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after buying an additional 182 shares during the period. Hedge funds and other institutional investors own 87.26% of the company's stock.

Insiders Place Their Bets

In other 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 transaction of $1,057,499.00. Following the completion of the sale, the director now owns 29,733 shares in the company, valued at approximately $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 is accessible through this hyperlink. 0.26% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on LNG shares. Mizuho boosted their target price on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. Scotiabank cut their target price on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a research report on Tuesday, April 29th. Bank of America upped their target price on Cheniere Energy from $254.00 to $258.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. UBS Group reaffirmed a "buy" rating and issued a $277.00 target price on shares of Cheniere Energy in a research report on Tuesday, March 18th. Finally, TD Cowen upped their target price on Cheniere Energy from $250.00 to $260.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Cheniere Energy has a consensus rating of "Moderate Buy" and an average target price of $252.23.

Cheniere Energy Stock Performance

NYSE:LNG traded up $2.95 during mid-day trading on Friday, hitting $237.99. The stock had a trading volume of 1,482,102 shares, compared to its average volume of 1,898,132. The stock has a market capitalization of $52.78 billion, a price-to-earnings ratio of 16.72 and a beta of 0.43. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 52 week low of $154.82 and a 52 week high of $257.65. The company has a 50 day simple moving average of $231.58 and a 200-day simple moving average of $225.24.

Cheniere Energy (NYSE:LNG - Get Free Report) last released 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 firm had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business's revenue for the quarter was up 28.0% on a year-over-year basis. During the same quarter last year, the company earned $2.13 earnings per share. On average, research analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, May 9th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.84%. Cheniere Energy's dividend payout ratio (DPR) is 14.63%.

About Cheniere Energy

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.