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Thoma Capital Management LLC Buys Shares of 3,163 Cheniere Energy, Inc. (NYSE:LNG)

Cheniere Energy logo with Energy background

Thoma Capital Management LLC bought a new position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,163 shares of the energy company's stock, valued at approximately $680,000.

Several other hedge funds also recently bought and sold shares of LNG. Fractal Investments LLC raised its position in shares of Cheniere Energy by 31.0% during 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Cheniere Energy by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock worth $7,812,000 after buying an additional 8,756 shares during the last quarter. Leavell Investment Management Inc. increased its position 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 valued at $4,193,000 after purchasing an additional 1,800 shares during the period. Raab & Moskowitz Asset Management LLC increased its position in shares of Cheniere Energy by 46.3% during the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 9,345 shares of the energy company's stock valued at $2,008,000 after buying an additional 2,957 shares during the period. Finally, Martin Investment Management LLC raised its position in shares of Cheniere Energy by 615.4% in the 4th 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 in the last quarter. Hedge funds and other institutional investors own 87.26% of the company's stock.

Analyst Upgrades and Downgrades

LNG has been the subject of several research reports. JPMorgan Chase & Co. increased their price target on shares of Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday, April 28th. UBS Group restated a "buy" rating and issued a $277.00 target price on shares of Cheniere Energy in a report on Tuesday, March 18th. Wall Street Zen downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a research note on Friday, May 9th. Bank of America upped their price objective 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, Raymond James reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a report on Wednesday, April 23rd. Two research 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, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $252.23.

Read Our Latest Analysis on LNG

Cheniere Energy Price Performance

Shares of Cheniere Energy stock traded up $5.13 during trading hours on Friday, reaching $236.94. The company's stock had a trading volume of 3,960,968 shares, compared to its average volume of 1,870,092. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. Cheniere Energy, Inc. has a one year low of $154.82 and a one year high of $257.65. The firm has a 50 day moving average price of $228.03 and a 200-day moving average price of $224.00. The stock has a market cap of $52.55 billion, a P/E ratio of 16.65 and a beta of 0.41.

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

Cheniere Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.84%. Cheniere Energy's payout ratio is 14.63%.

About Cheniere Energy

(Free Report)

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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Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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