Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by Strategic Global Advisors LLC

Strategic Global Advisors LLC raised its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 4.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 43,946 shares of the energy company's stock after purchasing an additional 1,749 shares during the quarter. Cheniere Energy accounts for 1.7% of Strategic Global Advisors LLC's investment portfolio, making the stock its 15th biggest holding. Strategic Global Advisors LLC's holdings in Cheniere Energy were worth $9,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of LNG. Geneos Wealth Management Inc. lifted its holdings in shares of Cheniere Energy by 10.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company's stock valued at $99,000 after buying an additional 43 shares during the period. Flagship Harbor Advisors LLC lifted its holdings in shares of Cheniere Energy by 2.0% in the 4th quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company's stock valued at $503,000 after buying an additional 46 shares during the period. BIP Wealth LLC lifted its holdings in shares of Cheniere Energy by 1.4% in the 4th quarter. BIP Wealth LLC now owns 3,545 shares of the energy company's stock valued at $762,000 after buying an additional 50 shares during the period. NDVR Inc. lifted its holdings in shares of Cheniere Energy by 4.8% in the 4th quarter. NDVR Inc. now owns 1,188 shares of the energy company's stock valued at $255,000 after buying an additional 54 shares during the period. Finally, Larson Financial Group LLC lifted its holdings in shares of Cheniere Energy by 1.7% in the 4th quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company's stock valued at $719,000 after buying an additional 55 shares during the period. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on LNG. TD Cowen raised 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. Morgan Stanley lifted their price objective on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Argus began coverage on Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price objective for the company. Stifel Nicolaus reduced their price objective on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, UBS Group reaffirmed a "buy" rating and set a $277.00 price objective on shares of Cheniere Energy in a report on Tuesday, March 18th. Two analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $252.23.

Cheniere Energy Price Performance

Shares of NYSE:LNG traded down $1.04 on Thursday, hitting $228.27. The company had a trading volume of 1,505,926 shares, compared to its average volume of 1,862,971. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 52-week low of $153.03 and a 52-week high of $257.65. The business has a 50 day moving average of $227.57 and a 200 day moving average of $222.40. The company has a market cap of $50.63 billion, a PE ratio of 16.04 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.81 by ($1.24). Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.73 billion. During the same quarter in the prior year, the company earned $2.13 earnings per share. The firm's revenue was up 28.0% compared to the same quarter last year. As a group, equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were given a dividend of $0.50 per share. The ex-dividend date was Friday, May 9th. This represents a $2.00 annualized dividend and a yield of 0.88%. Cheniere Energy's dividend payout ratio (DPR) is presently 14.63%.

Insider Buying and Selling

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. This represents a 20.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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.