ORG Wealth Partners LLC Lowers Position in Cheniere Energy, Inc. (NYSE:LNG)

ORG Wealth Partners LLC trimmed its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 92.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 141 shares of the energy company's stock after selling 1,646 shares during the quarter. ORG Wealth Partners LLC's holdings in Cheniere Energy were worth $33,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. WR Wealth Planners LLC boosted its holdings in 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 buying an additional 97 shares in the last quarter. REAP Financial Group LLC raised its position in shares of Cheniere Energy by 150.0% in the fourth quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock worth $27,000 after acquiring an additional 75 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Cheniere Energy during the 4th quarter worth about $29,000. Banque Transatlantique SA acquired a new stake in shares of Cheniere Energy during the 4th quarter valued at about $32,000. Finally, Nemes Rush Group LLC grew its position in shares of Cheniere Energy by 2,022.2% during the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after acquiring an additional 182 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LNG. Scotiabank reduced their price target on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating for the company in a report on Tuesday, April 29th. TD Cowen upped their target price on Cheniere Energy from $250.00 to $260.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Raymond James Financial reiterated a "strong-buy" rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. 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. Finally, 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 objective for the company. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $252.23.

Insider Buying and Selling at Cheniere Energy

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

Cheniere Energy Price Performance

LNG stock traded down $0.34 during mid-day trading on Friday, reaching $234.72. The company's stock had a trading volume of 2,349,132 shares, compared to its average volume of 1,882,341. The company has a current ratio of 1.19, a quick ratio of 1.06 and a debt-to-equity ratio of 2.24. The company's 50 day moving average is $233.61 and its two-hundred day moving average is $225.67. Cheniere Energy, Inc. has a fifty-two week low of $165.25 and a fifty-two week high of $257.65. The stock has a market cap of $52.06 billion, a PE ratio of 17.17, a P/E/G ratio of 4.90 and a beta of 0.43.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data 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). Cheniere Energy had a return on equity of 32.62% and a net margin of 18.37%. The company had revenue of $5.44 billion for the quarter, compared to analyst estimates of $4.73 billion. During the same period last year, the firm posted $2.13 EPS. The business's quarterly revenue was up 28.0% on a year-over-year basis. Equities 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. Shareholders of record on Friday, August 8th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Friday, August 8th. Cheniere Energy's dividend payout ratio (DPR) is presently 14.63%.

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.