Quaero Capital S.A. Has $1.22 Million Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Quaero Capital S.A. boosted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 84.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,274 shares of the energy company's stock after purchasing an additional 2,414 shares during the period. Cheniere Energy accounts for about 1.7% of Quaero Capital S.A.'s investment portfolio, making the stock its 28th biggest holding. Quaero Capital S.A.'s holdings in Cheniere Energy were worth $1,220,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of LNG. WR Wealth Planners LLC raised its stake in shares of 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 in the last quarter. REAP Financial Group LLC raised its position in Cheniere Energy by 150.0% during 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 in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in Cheniere Energy during the fourth quarter worth $29,000. Banque Transatlantique SA bought a new position in shares of Cheniere Energy in the 4th quarter valued at about $32,000. Finally, Nemes Rush Group LLC increased its stake 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 worth $41,000 after purchasing an additional 182 shares during the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LNG shares. Wall Street Zen cut Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Scotiabank reduced their target price on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating for the company in a research note on Tuesday, April 29th. Argus started coverage on Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 target price on the stock. TD Cowen increased their price target on Cheniere Energy from $260.00 to $265.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, Stifel Nicolaus reduced their price objective on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Two research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $258.36.

Cheniere Energy Trading Up 2.4%

Shares of Cheniere Energy stock opened at $242.05 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. The firm has a 50-day moving average of $234.47 and a 200-day moving average of $226.11. Cheniere Energy, Inc. has a 52-week low of $167.66 and a 52-week high of $257.65. The stock has a market cap of $53.68 billion, a PE ratio of 17.71, a PEG ratio of 4.93 and a beta of 0.43.

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 (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 business had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $4.73 billion. During the same period in the prior year, the firm earned $2.13 EPS. The business's revenue for the quarter was up 28.0% on a year-over-year basis. As a group, sell-side analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current 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 paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.83%. The ex-dividend date is Friday, August 8th. Cheniere Energy's dividend payout ratio (DPR) is currently 14.63%.

Insider Buying and Selling

In related news, Director Neal A. Shear sold 4,300 shares of the business's stock in a transaction dated 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 owns 29,733 shares of the company's stock, valued at $7,312,236.69. The trade was a 12.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is currently owned by company insiders.

Cheniere Energy Company 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.

Want to see what other hedge funds are holding LNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cheniere Energy, Inc. (NYSE:LNG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.