Thoma Capital Management LLC Takes $680,000 Position in Cheniere Energy, Inc. (NYSE:LNG)

Thoma Capital Management LLC bought a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 3,163 shares of the energy company's stock, valued at approximately $680,000.

A number of other institutional investors have also recently modified their holdings of LNG. Fractal Investments LLC grew its holdings in Cheniere Energy by 31.0% in the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock valued at $12,720,000 after buying an additional 14,000 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Cheniere Energy by 31.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock valued at $7,812,000 after acquiring an additional 8,756 shares in the last quarter. Leavell Investment Management Inc. grew its stake in Cheniere Energy by 10.2% during the 4th quarter. Leavell Investment Management Inc. now owns 19,514 shares of the energy company's stock worth $4,193,000 after buying an additional 1,800 shares during the last quarter. Raab & Moskowitz Asset Management LLC grew its stake in Cheniere Energy by 46.3% during the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 9,345 shares of the energy company's stock worth $2,008,000 after buying an additional 2,957 shares during the last quarter. Finally, Martin Investment Management LLC grew its stake in shares of 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 purchasing an additional 24,278 shares in the last quarter. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on LNG shares. Stifel Nicolaus reduced their target price on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Wall Street Zen cut Cheniere Energy from a "buy" rating to a "hold" rating in a report on Friday, May 9th. Mizuho lifted their price objective on Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. JPMorgan Chase & Co. boosted their price target on Cheniere Energy from $252.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, April 28th. Finally, Scotiabank dropped their price objective on Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a research note on Tuesday, April 29th. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $252.23.

Cheniere Energy Stock Performance

Shares of NYSE LNG traded down $1.54 during midday trading on Thursday, reaching $232.08. The company had a trading volume of 2,069,396 shares, compared to its average volume of 1,867,853. The business's 50-day simple moving average is $227.93 and its 200 day simple moving average is $223.66. The stock has a market cap of $51.47 billion, a P/E ratio of 16.31 and a beta of 0.41. Cheniere Energy, Inc. has a 1 year low of $153.58 and a 1 year high of $257.65. 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 (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share for the quarter, missing analysts' consensus estimates of $2.81 by ($1.24). The firm had revenue of $5.44 billion during the quarter, compared to analysts' expectations of $4.73 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm's quarterly revenue was up 28.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.13 EPS. On average, analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 19th. Stockholders of record on Friday, May 9th were paid a $0.50 dividend. The ex-dividend date was Friday, May 9th. This represents a $2.00 annualized dividend and a dividend yield of 0.86%. Cheniere Energy's dividend payout ratio (DPR) is 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.