Stableford Capital II LLC Makes New $657,000 Investment in Cheniere Energy, Inc. (NYSE:LNG)

Stableford Capital II LLC bought a new position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,838 shares of the energy company's stock, valued at approximately $657,000.

Other large investors have also recently bought and sold shares of the company. Martin Investment Management LLC lifted its holdings in Cheniere Energy by 615.4% in the fourth quarter. Martin Investment Management LLC now owns 28,223 shares of the energy company's stock worth $6,064,000 after acquiring an additional 24,278 shares during the last quarter. Bessemer Group Inc. lifted its holdings in Cheniere Energy by 3.8% in the fourth quarter. Bessemer Group Inc. now owns 37,378 shares of the energy company's stock worth $8,032,000 after acquiring an additional 1,359 shares during the last quarter. LPL Financial LLC lifted its holdings in Cheniere Energy by 27.0% in the fourth quarter. LPL Financial LLC now owns 293,201 shares of the energy company's stock worth $63,000,000 after acquiring an additional 62,338 shares during the last quarter. Gateway Investment Advisers LLC lifted its holdings in Cheniere Energy by 6.7% in the first quarter. Gateway Investment Advisers LLC now owns 51,781 shares of the energy company's stock worth $11,982,000 after acquiring an additional 3,252 shares during the last quarter. Finally, Amundi lifted its holdings in Cheniere Energy by 19.9% in the fourth quarter. Amundi now owns 2,696,002 shares of the energy company's stock worth $606,907,000 after acquiring an additional 448,189 shares during the last quarter. Institutional investors own 87.26% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on LNG. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a report on Wednesday, April 23rd. TD Cowen boosted their price objective on Cheniere Energy from $250.00 to $260.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Mizuho boosted 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. Bank of America boosted their price objective on Cheniere Energy from $254.00 to $258.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Finally, Wolfe Research downgraded Cheniere Energy from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Cheniere Energy presently has an average rating of "Moderate Buy" and an average target price of $252.23.

Insider Buying and Selling

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

Cheniere Energy Price Performance

Shares of NYSE:LNG opened at $235.09 on Friday. Cheniere Energy, Inc. has a 12 month low of $160.75 and a 12 month high of $257.65. The stock 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 stock's 50 day moving average price is $233.32 and its 200 day moving average price is $225.58. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.19 and a quick ratio of 1.06.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its earnings results on Thursday, May 8th. The energy company reported $1.57 EPS 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 the consensus estimate of $4.73 billion. During the same period in the previous year, the firm earned $2.13 EPS. Cheniere Energy's revenue for the quarter was up 28.0% on a year-over-year basis. Equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently announced 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. The ex-dividend date is Friday, August 8th. This represents a $2.00 annualized dividend and a yield of 0.85%. Cheniere Energy's payout ratio is 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.

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