U S Global Investors Inc. Decreases Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

U S Global Investors Inc. lessened its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 33.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,000 shares of the energy company's stock after selling 2,500 shares during the quarter. U S Global Investors Inc.'s holdings in Cheniere Energy were worth $1,157,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. BIP Wealth LLC boosted its holdings in Cheniere Energy by 1.4% in the 4th quarter. BIP Wealth LLC now owns 3,545 shares of the energy company's stock worth $762,000 after acquiring an additional 50 shares during the period. Glen Eagle Advisors LLC boosted its holdings in Cheniere Energy by 3.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 1,488 shares of the energy company's stock worth $320,000 after acquiring an additional 53 shares during the period. NDVR Inc. boosted its holdings in Cheniere Energy by 4.8% in the 4th quarter. NDVR Inc. now owns 1,188 shares of the energy company's stock worth $255,000 after acquiring an additional 54 shares during the period. Larson Financial Group LLC raised its position 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 purchasing an additional 55 shares in the last quarter. Finally, American Money Management LLC boosted its stake in shares of Cheniere Energy by 0.5% during the 4th quarter. American Money Management LLC now owns 10,987 shares of the energy company's stock valued at $2,361,000 after buying an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 87.26% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. UBS Group reissued a "buy" rating and set a $277.00 price target on shares of Cheniere Energy in a research report on Tuesday, March 18th. Jefferies Financial Group set a $288.00 price target on shares of Cheniere Energy and gave the company a "buy" rating in a report on Thursday. Scotiabank cut their price target on shares of Cheniere Energy from $243.00 to $242.00 and set a "sector outperform" rating on the stock in a report on Tuesday, April 29th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Cheniere Energy in a report on Wednesday, April 23rd. Finally, Argus initiated coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price target on the stock. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Cheniere Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $258.36.

Cheniere Energy Price Performance

Shares of NYSE LNG opened at $239.87 on Friday. Cheniere Energy, Inc. has a 1-year low of $167.66 and a 1-year high of $257.65. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.19 and a quick ratio of 1.06. The business's fifty day moving average price is $234.64 and its two-hundred day moving average price is $226.29. The firm has a market capitalization of $53.20 billion, a PE ratio of 17.55, a P/E/G ratio of 5.23 and a beta of 0.43.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued 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). Cheniere Energy had a return on equity of 32.62% and a net margin of 18.37%. The company had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same period in the prior year, the business earned $2.13 earnings per share. Cheniere Energy's quarterly revenue was up 28.0% on a year-over-year basis. On average, research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 18th. Stockholders of record on Friday, August 8th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Friday, August 8th. Cheniere Energy's dividend payout ratio (DPR) is 14.63%.

Insider Activity

In other news, Director Neal A. Shear sold 4,300 shares of the firm's stock in a transaction 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 directly owns 29,733 shares of the company's stock, valued at approximately $7,312,236.69. This trade represents a 12.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.26% of the company's stock.

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.

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