Tower Research Capital LLC TRC Acquires 3,115 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Tower Research Capital LLC TRC increased its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 929.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,450 shares of the energy company's stock after buying an additional 3,115 shares during the quarter. Tower Research Capital LLC TRC's holdings in Cheniere Energy were worth $741,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of LNG. Geneos Wealth Management Inc. lifted its stake in shares of Cheniere Energy by 10.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company's stock worth $99,000 after purchasing an additional 43 shares in the last quarter. Flagship Harbor Advisors LLC boosted its holdings in Cheniere Energy by 2.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company's stock worth $503,000 after purchasing an additional 46 shares during the period. Larson Financial Group LLC boosted 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. American Money Management LLC boosted its stake in Cheniere Energy by 0.5% in the fourth quarter. American Money Management LLC now owns 10,987 shares of the energy company's stock valued at $2,361,000 after acquiring an additional 55 shares during the period. Finally, Forum Financial Management LP grew its stake in Cheniere Energy by 2.0% during the 4th quarter. Forum Financial Management LP now owns 2,822 shares of the energy company's stock worth $606,000 after buying an additional 56 shares during the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Down 0.3 %

Shares of NYSE:LNG traded down $0.60 on Thursday, reaching $230.51. The company had a trading volume of 864,299 shares, compared to its average volume of 1,873,828. The stock has a 50-day moving average price of $222.75 and a 200 day moving average price of $217.26. Cheniere Energy, Inc. has a twelve month low of $153.03 and a twelve month high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The stock has a market capitalization of $51.36 billion, a P/E ratio of 16.27 and a beta of 0.67.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping analysts' consensus estimates of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. On average, equities analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Friday, May 9th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Friday, May 9th. Cheniere Energy's dividend payout ratio (DPR) is currently 14.05%.

Insider Activity at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the business'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 transaction, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.26% of the company's stock.

Analysts Set New Price Targets

LNG has been the subject of several recent analyst reports. Stifel Nicolaus decreased their target price on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Argus started coverage on Cheniere Energy in a research note on Tuesday, March 18th. They issued a "buy" rating and a $255.00 price target on the stock. Barclays boosted their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Morgan Stanley upped their target price on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Finally, JPMorgan Chase & Co. increased their price objective on Cheniere Energy from $252.00 to $265.00 and gave the stock an "overweight" rating in a report on Monday. One investment analyst has rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $251.46.

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.