Inscription Capital LLC Invests $369,000 in Cheniere Energy, Inc. (NYSE:LNG)

Inscription Capital LLC bought a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,593 shares of the energy company's stock, valued at approximately $369,000.

A number of other large investors have also recently made changes to their positions in the company. Brighton Jones LLC acquired a new stake in shares of Cheniere Energy in the fourth quarter valued at approximately $335,000. Principal Securities Inc. boosted its stake in Cheniere Energy by 16.7% during the 4th quarter. Principal Securities Inc. now owns 6,189 shares of the energy company's stock worth $1,330,000 after purchasing an additional 885 shares during the period. Allworth Financial LP grew its position in Cheniere Energy by 20.8% during the 4th quarter. Allworth Financial LP now owns 6,544 shares of the energy company's stock worth $1,527,000 after purchasing an additional 1,125 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in Cheniere Energy by 22.9% in the fourth quarter. J.W. Cole Advisors Inc. now owns 4,260 shares of the energy company's stock valued at $915,000 after purchasing an additional 794 shares during the period. Finally, Sanctuary Advisors LLC raised its holdings in shares of Cheniere Energy by 1.2% in the fourth quarter. Sanctuary Advisors LLC now owns 49,626 shares of the energy company's stock valued at $11,424,000 after buying an additional 592 shares during the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on LNG shares. Wall Street Zen lowered Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Wolfe Research downgraded Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. JPMorgan Chase & Co. boosted their target price on Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, April 28th. Argus started coverage on Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price target for the company. Finally, Raymond James Financial reiterated a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. Two 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 data from MarketBeat.com, Cheniere Energy has an average rating of "Moderate Buy" and an average price target of $252.23.

Insider Activity

In related news, Director Neal A. Shear sold 4,300 shares of the company's stock in a transaction that occurred on 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 sale, the director now owns 29,733 shares in the company, valued at $7,312,236.69. This represents a 12.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.26% of the company's stock.

Cheniere Energy Price Performance

Shares of NYSE LNG opened at $235.87 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. Cheniere Energy, Inc. has a one year low of $157.25 and a one year high of $257.65. The firm has a market capitalization of $52.31 billion, a P/E ratio of 17.25, a PEG ratio of 4.87 and a beta of 0.43. The company's fifty day moving average is $232.53 and its two-hundred day moving average is $225.42.

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

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 18th. Stockholders of record on Friday, August 8th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.85%. Cheniere Energy's payout ratio 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.

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