Graham Capital Wealth Management LLC Buys 13,789 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Graham Capital Wealth Management LLC lifted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 97.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,010 shares of the energy company's stock after acquiring an additional 13,789 shares during the period. Cheniere Energy accounts for approximately 5.1% of Graham Capital Wealth Management LLC's portfolio, making the stock its 6th biggest holding. Graham Capital Wealth Management LLC's holdings in Cheniere Energy were worth $4,518,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Wesbanco Bank Inc. lifted its stake in shares of Cheniere Energy by 6.3% in the 1st quarter. Wesbanco Bank Inc. now owns 2,115 shares of the energy company's stock valued at $341,000 after purchasing an additional 126 shares in the last quarter. Strategic Blueprint LLC lifted its stake in shares of Cheniere Energy by 1.8% in the 1st quarter. Strategic Blueprint LLC now owns 26,832 shares of the energy company's stock valued at $4,327,000 after purchasing an additional 475 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Cheniere Energy by 12.3% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 116,254 shares of the energy company's stock valued at $18,750,000 after purchasing an additional 12,698 shares in the last quarter. PFG Investments LLC acquired a new position in shares of Cheniere Energy in the 1st quarter valued at about $301,000. Finally, Signature Wealth Management Group lifted its stake in shares of Cheniere Energy by 2.8% in the 1st quarter. Signature Wealth Management Group now owns 4,692 shares of the energy company's stock valued at $760,000 after purchasing an additional 127 shares in the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on LNG shares. Barclays raised their target price on Cheniere Energy from $192.00 to $194.00 and gave the company an "overweight" rating in a report on Wednesday, January 17th. UBS Group dropped their target price on Cheniere Energy from $223.00 to $206.00 and set a "buy" rating on the stock in a report on Wednesday, April 24th. TD Cowen dropped their target price on Cheniere Energy from $185.00 to $178.00 and set an "outperform" rating on the stock in a report on Tuesday, February 27th. StockNews.com downgraded Cheniere Energy from a "buy" rating to a "hold" rating in a report on Monday, April 8th. Finally, Redburn Atlantic started coverage on Cheniere Energy in a report on Tuesday, April 16th. They set a "neutral" rating and a $162.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $193.90.

Cheniere Energy Stock Performance

NYSE:LNG traded up $3.58 during trading hours on Thursday, hitting $160.61. 3,159,121 shares of the company's stock traded hands, compared to its average volume of 1,914,938. The stock has a market cap of $37.05 billion, a price-to-earnings ratio of 3.97 and a beta of 0.95. Cheniere Energy, Inc. has a twelve month low of $135.30 and a twelve month high of $183.46. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.51 and a current ratio of 1.63. The stock has a fifty day moving average price of $157.83.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its earnings results on Thursday, February 22nd. The energy company reported $5.76 EPS for the quarter, beating analysts' consensus estimates of $2.70 by $3.06. The firm had revenue of $4.82 billion for the quarter, compared to the consensus estimate of $4.37 billion. Cheniere Energy had a return on equity of 69.52% and a net margin of 48.45%. The business's quarterly revenue was down 46.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $15.78 earnings per share. On average, equities research analysts predict that Cheniere Energy, Inc. will post 8.39 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Friday, May 10th will be paid a dividend of $0.435 per share. The ex-dividend date is Thursday, May 9th. This represents a $1.74 annualized dividend and a yield of 1.08%. Cheniere Energy's payout ratio is 4.30%.

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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