Osborne Partners Capital Management LLC Sells 1,625 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Osborne Partners Capital Management LLC cut its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 2.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,052 shares of the energy company's stock after selling 1,625 shares during the period. Cheniere Energy accounts for 1.0% of Osborne Partners Capital Management LLC's holdings, making the stock its 26th largest position. Osborne Partners Capital Management LLC's holdings in Cheniere Energy were worth $17,367,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. WR Wealth Planners LLC lifted its holdings in Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after purchasing an additional 97 shares during the last quarter. REAP Financial Group LLC increased its position in Cheniere Energy by 150.0% during the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock worth $27,000 after buying an additional 75 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in Cheniere Energy during the 4th quarter worth $29,000. Banque Transatlantique SA acquired a new stake in shares of Cheniere Energy during the fourth quarter worth $32,000. Finally, Nemes Rush Group LLC boosted its position in shares of Cheniere Energy by 2,022.2% in the fourth 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. Institutional investors own 87.26% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on LNG shares. UBS Group reaffirmed a "buy" rating and set a $277.00 price target on shares of Cheniere Energy in a research report on Tuesday, March 18th. Wall Street Zen cut shares of Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Scotiabank dropped their price target on shares of Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating for the company in a research report on Tuesday, April 29th. Stifel Nicolaus reduced their price target on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Finally, JPMorgan Chase & Co. raised their price objective on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday, April 28th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $252.23.

Insider Activity at Cheniere Energy

In other news, Director Neal A. Shear sold 4,300 shares of the stock in a transaction 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 completion of the transaction, the director now directly owns 29,733 shares in the company, valued at approximately $7,312,236.69. This represents a 12.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.26% of the stock is currently owned by insiders.

Cheniere Energy Trading Down 0.4%

Shares of LNG opened at $235.09 on Friday. 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 52-week low of $160.75 and a 52-week high of $257.65. The firm has a market cap of $52.14 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 4.90 and a beta of 0.43. The business's fifty day moving average is $233.32 and its 200-day moving average is $225.58.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its earnings results 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). The business had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $4.73 billion. Cheniere Energy had a net margin of 18.37% and a return on equity of 32.62%. The business's revenue was up 28.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.13 EPS. Equities analysts anticipate 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. Investors of record on Friday, August 8th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.85%. The ex-dividend date is Friday, August 8th. Cheniere Energy's dividend payout ratio (DPR) is presently 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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