Aaron Wealth Advisors LLC Buys 275 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Aaron Wealth Advisors LLC boosted its stake in Cheniere Energy, Inc. (NYSE:LNG) by 18.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,773 shares of the energy company’s stock after acquiring an additional 275 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Cheniere Energy were worth $319,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new stake in shares of Cheniere Energy in the 2nd quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Cheniere Energy during the third quarter worth about $27,000. Lynx Investment Advisory bought a new position in shares of Cheniere Energy during the second quarter worth about $27,000. Carolinas Wealth Consulting LLC raised its position in Cheniere Energy by 5,000.0% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company’s stock valued at $27,000 after buying an additional 150 shares during the last quarter. Finally, Crewe Advisors LLC bought a new stake in Cheniere Energy in the 1st quarter valued at approximately $26,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on LNG shares. Barclays raised their price target on shares of Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Royal Bank of Canada raised their target price on shares of Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a research report on Wednesday. Sanford C. Bernstein assumed coverage on shares of Cheniere Energy in a research report on Monday, June 24th. They set an “outperform” rating on the stock. Bank of America initiated coverage on Cheniere Energy in a report on Thursday. They issued a “buy” rating and a $215.00 price objective for the company. Finally, Stifel Nicolaus lowered their target price on Cheniere Energy from $208.00 to $204.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $200.00.

Cheniere Energy Stock Down 0.1 %

Shares of LNG stock opened at $182.19 on Friday. Cheniere Energy, Inc. has a 52-week low of $152.31 and a 52-week high of $193.16. The stock has a market cap of $41.71 billion, a price-to-earnings ratio of 8.87 and a beta of 0.94. The firm’s 50-day moving average is $183.11 and its 200-day moving average is $171.41. The company has a debt-to-equity ratio of 2.63, a quick ratio of 0.93 and a current ratio of 1.02.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings data on Thursday, August 8th. The energy company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.12. Cheniere Energy had a return on equity of 39.42% and a net margin of 27.05%. The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.04 billion. Sell-side analysts predict that Cheniere Energy, Inc. will post 9.76 EPS for the current year.

Cheniere Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 14th. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.775 per share. This is an increase from Cheniere Energy’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend was Wednesday, August 7th. This represents a $3.10 annualized dividend and a yield of 1.70%. Cheniere Energy’s dividend payout ratio (DPR) is currently 8.48%.

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.