Cheniere Energy, Inc. (NYSE:LNG) is Kayne Anderson Capital Advisors LP's 5th Largest Position

Kayne Anderson Capital Advisors LP boosted its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 7.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,494,901 shares of the energy company's stock after acquiring an additional 105,875 shares during the quarter. Cheniere Energy accounts for about 7.6% of Kayne Anderson Capital Advisors LP's investment portfolio, making the stock its 5th biggest position. Kayne Anderson Capital Advisors LP owned about 0.67% of Cheniere Energy worth $345,920,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in LNG. Crestwood Advisors Group LLC bought a new stake in Cheniere Energy during the first quarter worth about $1,468,000. Allianz Asset Management GmbH grew its stake in shares of Cheniere Energy by 3.9% during the first quarter. Allianz Asset Management GmbH now owns 1,262,055 shares of the energy company's stock valued at $292,040,000 after purchasing an additional 47,104 shares during the last quarter. Los Angeles Capital Management LLC grew its stake in shares of Cheniere Energy by 346.6% during the first quarter. Los Angeles Capital Management LLC now owns 568,627 shares of the energy company's stock valued at $131,580,000 after purchasing an additional 441,296 shares during the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of Cheniere Energy by 24.5% during the first quarter. J.W. Cole Advisors Inc. now owns 5,304 shares of the energy company's stock valued at $1,227,000 after purchasing an additional 1,044 shares during the last quarter. Finally, Montag A & Associates Inc. grew its stake in shares of Cheniere Energy by 89.3% during the first quarter. Montag A & Associates Inc. now owns 462 shares of the energy company's stock valued at $107,000 after purchasing an additional 218 shares during the last quarter. Institutional investors own 87.26% of the company's stock.

Insider Activity at Cheniere Energy

In other news, Director Neal A. Shear sold 4,300 shares of the 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 completion of the sale, the director owned 29,733 shares in the company, valued at $7,312,236.69. This represents a 12.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.26% of the stock is currently owned by corporate insiders.

Cheniere Energy Trading Up 1.5%

Shares of LNG traded up $3.26 during trading hours on Thursday, hitting $226.55. 969,671 shares of the stock were exchanged, compared to its average volume of 2,140,395. Cheniere Energy, Inc. has a fifty-two week low of $167.66 and a fifty-two week high of $257.65. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.19 and a quick ratio of 1.06. The business has a 50-day moving average of $235.42 and a 200-day moving average of $229.15. The firm has a market capitalization of $50.25 billion, a P/E ratio of 16.57 and a beta of 0.42.

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

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 18th. Stockholders of record on Friday, August 8th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, August 8th. This represents a $2.00 annualized dividend and a dividend yield of 0.88%. Cheniere Energy's dividend payout ratio is currently 14.63%.

Analysts Set New Price Targets

Several brokerages recently weighed in on LNG. JPMorgan Chase & Co. increased their price objective on shares of Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, April 28th. TD Cowen increased their price objective on shares of Cheniere Energy from $260.00 to $265.00 and gave the company a "buy" rating in a report on Wednesday, June 25th. Cowen restated a "buy" rating on shares of Cheniere Energy in a report on Wednesday, June 25th. Scotiabank restated an "outperform" rating on shares of Cheniere Energy in a report on Tuesday, July 15th. Finally, Wolfe Research lowered shares of Cheniere Energy from an "outperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Two investment analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $260.36.

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.