Sivia Capital Partners LLC Invests $405,000 in Cheniere Energy, Inc. (NYSE:LNG)

Sivia Capital Partners LLC acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,748 shares of the energy company's stock, valued at approximately $405,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. WR Wealth Planners LLC grew its stake in Cheniere Energy by 373.1% in the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after purchasing an additional 97 shares during the last quarter. REAP Financial Group LLC boosted its position in Cheniere Energy by 150.0% in the fourth quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock valued at $27,000 after buying an additional 75 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in Cheniere Energy in the fourth quarter valued at approximately $29,000. Banque Transatlantique SA acquired a new position in Cheniere Energy in the fourth quarter valued at approximately $32,000. Finally, Ameriflex Group Inc. acquired a new position in Cheniere Energy in the fourth quarter valued at approximately $42,000. 87.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on LNG. TD Cowen boosted their price target on Cheniere Energy from $250.00 to $260.00 and gave the company a "buy" rating in a report on Friday, May 9th. Wolfe Research lowered Cheniere Energy from an "outperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. UBS Group reaffirmed a "buy" rating and issued a $277.00 target price on shares of Cheniere Energy in a research note on Tuesday, March 18th. Bank of America raised their target price on Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Finally, Mizuho raised their price objective on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Cheniere Energy presently has an average rating of "Moderate Buy" and an average price target of $252.23.

Cheniere Energy Stock Performance

Shares of LNG opened at $243.02 on Friday. The stock has a 50-day simple moving average of $229.40 and a 200-day simple moving average of $224.86. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The stock has a market capitalization of $53.90 billion, a PE ratio of 17.08 and a beta of 0.43. Cheniere Energy, Inc. has a 1 year low of $154.82 and a 1 year high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its earnings results 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). The business had revenue of $5.44 billion for the quarter, compared to analysts' expectations of $4.73 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. Cheniere Energy's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.13 EPS. On average, analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.82%. The ex-dividend date of this dividend was Friday, May 9th. Cheniere Energy's payout ratio is 14.63%.

Insiders Place Their Bets

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of Cheniere Energy stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $245.93, for a total transaction of $1,057,499.00. Following 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 filing with the SEC, which is available at this hyperlink. 0.26% of the stock is currently owned by corporate 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.

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.