Great Valley Advisor Group Inc. Decreases Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Great Valley Advisor Group Inc. decreased its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 9.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,591 shares of the energy company's stock after selling 2,338 shares during the quarter. Great Valley Advisor Group Inc.'s holdings in Cheniere Energy were worth $4,855,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. MassMutual Private Wealth & Trust FSB increased its stake in Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock worth $26,000 after buying an additional 75 shares in the last quarter. WR Wealth Planners LLC increased its position in shares of Cheniere Energy by 373.1% during the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after purchasing an additional 97 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in Cheniere Energy in the 4th quarter valued at $29,000. Banque Transatlantique SA acquired a new position in Cheniere Energy in the 4th quarter valued at $32,000. Finally, Nemes Rush Group LLC lifted 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 purchasing an additional 182 shares in the last quarter. Hedge funds and other institutional investors own 87.26% of the company's stock.

Cheniere Energy Price Performance

LNG stock traded down $1.54 during trading on Thursday, hitting $232.08. The stock had a trading volume of 2,069,396 shares, compared to its average volume of 1,866,650. The stock has a market cap of $51.47 billion, a price-to-earnings ratio of 16.31 and a beta of 0.41. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The company's 50 day moving average price is $227.97 and its two-hundred day moving average price is $223.54. Cheniere Energy, Inc. has a 1-year low of $153.03 and a 1-year high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly 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 analysts' expectations of $4.73 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The company's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.13 EPS. On average, sell-side analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, May 9th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.86%. The ex-dividend date was Friday, May 9th. Cheniere Energy's dividend payout ratio (DPR) is 14.63%.

Analyst Ratings Changes

LNG has been the subject of a number of recent research reports. Bank of America increased their target price on shares of Cheniere Energy from $254.00 to $258.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Mizuho raised their target price on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Argus began coverage on shares of Cheniere Energy in a research report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price target on the stock. Stifel Nicolaus cut their target price on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Finally, Morgan Stanley boosted their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Two equities research 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.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $252.23.

Cheniere Energy Company 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.