GSA Capital Partners LLP Invests $557,000 in Cheniere Energy, Inc. (NYSE:LNG)

Key Points

• GSA Capital Partners LLP has invested $557,000 in Cheniere Energy, acquiring 2,406 shares of the company in the first quarter.
• Analysts have mixed ratings on Cheniere Energy, with an average price target of $260.36, and recent reports indicating an expected growth in earnings per share.
• Cheniere Energy announced a quarterly dividend of $0.50 per share, scheduled to be paid on August 18th, with an annual yield of 0.8%.

GSA Capital Partners LLP purchased a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,406 shares of the energy company's stock, valued at approximately $557,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LNG. Brighton Jones LLC acquired a new stake in shares of Cheniere Energy in the fourth quarter worth $335,000. World Investment Advisors lifted its stake in Cheniere Energy by 115.0% in the 4th quarter. World Investment Advisors now owns 2,685 shares of the energy company's stock worth $577,000 after acquiring an additional 1,436 shares in the last quarter. Arete Wealth Advisors LLC lifted its stake in Cheniere Energy by 8.7% in the 4th quarter. Arete Wealth Advisors LLC now owns 1,248 shares of the energy company's stock worth $268,000 after acquiring an additional 100 shares in the last quarter. Wells Fargo & Company MN boosted its position in Cheniere Energy by 2.0% during the 4th quarter. Wells Fargo & Company MN now owns 738,397 shares of the energy company's stock worth $158,659,000 after acquiring an additional 14,362 shares during the period. Finally, Resona Asset Management Co. Ltd. acquired a new stake in Cheniere Energy during the 4th quarter worth about $14,687,000. Institutional investors and hedge funds own 87.26% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Barclays reiterated an "overweight" rating and issued a $262.00 target price (up previously from $253.00) on shares of Cheniere Energy in a report on Tuesday, July 15th. Wall Street Zen lowered shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Raymond James Financial reissued a "strong-buy" rating on shares of Cheniere Energy in a research note on Wednesday, April 23rd. Cowen restated a "buy" rating on shares of Cheniere Energy in a report on Wednesday, June 25th. Finally, JPMorgan Chase & Co. increased their price objective on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Two analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Cheniere Energy has an average rating of "Moderate Buy" and an average target price of $260.36.

Cheniere Energy Stock Up 1.1%

Shares of LNG stock opened at $238.39 on Monday. The stock's 50 day simple moving average is $235.42 and its 200 day simple moving average is $229.05. Cheniere Energy, Inc. has a twelve month low of $167.66 and a twelve month high of $257.65. 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 company has a market capitalization of $52.87 billion, a price-to-earnings ratio of 17.44 and a beta of 0.43.

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

Cheniere Energy Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, August 8th. Cheniere Energy's dividend payout ratio is 14.63%.

Insider Transactions at Cheniere Energy

In other news, Director Neal A. Shear sold 4,300 shares of Cheniere Energy stock in a transaction dated 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 transaction, the director directly owned 29,733 shares in the company, valued at approximately $7,312,236.69. The trade was a 12.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.26% of the stock is owned by company 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.

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