Impact Partnership Wealth LLC Buys Shares of 3,034 Cheniere Energy, Inc. (NYSE:LNG)

Impact Partnership Wealth LLC bought a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 3,034 shares of the energy company's stock, valued at approximately $702,000.

Other large investors have also recently made changes to their positions in the company. REAP Financial Group LLC increased 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 worth $27,000 after acquiring an additional 75 shares in the last quarter. Banque Transatlantique SA purchased a new stake in Cheniere Energy in the 4th quarter worth $32,000. Cooksen Wealth LLC purchased a new stake in Cheniere Energy in the 1st quarter worth $38,000. Nemes Rush Group LLC increased 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 worth $41,000 after acquiring an additional 182 shares in the last quarter. Finally, Ameriflex Group Inc. purchased a new stake in Cheniere Energy in the 4th quarter worth $42,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of the company's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $245.93, for a total value of $1,057,499.00. Following the transaction, the director owned 29,733 shares of the company's stock, valued at $7,312,236.69. This represents a 12.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.26% of the stock is owned by insiders.

Cheniere Energy Trading Up 5.5%

Shares of LNG traded up $12.68 during mid-day trading on Friday, reaching $244.35. The stock had a trading volume of 5,482,972 shares, compared to its average volume of 1,860,106. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.19 and a quick ratio of 1.06. Cheniere Energy, Inc. has a 52-week low of $167.66 and a 52-week high of $257.65. The business's fifty day moving average is $235.88 and its 200 day moving average is $229.14. The firm has a market cap of $54.19 billion, a price-to-earnings ratio of 17.87 and a beta of 0.42.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share (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 analysts' expectations of $4.73 billion. During the same period in the prior year, the company posted $2.13 EPS. The company's revenue for the quarter was up 28.0% compared to the same quarter last year. On average, sell-side analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The business 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 $0.50 dividend. The ex-dividend date is Friday, August 8th. This represents a $2.00 dividend on an annualized basis and a yield of 0.82%. Cheniere Energy's payout ratio is currently 14.63%.

Analyst Ratings Changes

LNG has been the subject of several recent analyst reports. Bank of America boosted their price target on shares of Cheniere Energy from $258.00 to $271.00 and gave the stock a "buy" rating in a report on Wednesday, June 25th. JPMorgan Chase & Co. boosted their price target 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. Jefferies Financial Group set a $288.00 price target on shares of Cheniere Energy and gave the stock a "buy" rating in a report on Thursday, June 26th. Wall Street Zen lowered shares of Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Cheniere Energy in a report on Tuesday, July 15th. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Cheniere Energy currently has a consensus rating of "Moderate Buy" and an average target price of $260.36.

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.