Emerald Advisers LLC Sells 85 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Emerald Advisers LLC trimmed its position in Cheniere Energy, Inc. (NYSE:LNG) by 0.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,475 shares of the energy company’s stock after selling 85 shares during the period. Emerald Advisers LLC’s holdings in Cheniere Energy were worth $2,251,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after acquiring an additional 75 shares during the last quarter. WR Wealth Planners LLC lifted its holdings in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after acquiring an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cheniere Energy during the 4th quarter worth $29,000. Adirondack Trust Co. bought a new stake in shares of Cheniere Energy during the 4th quarter worth $43,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Cheniere Energy during the 4th quarter worth $46,000. 87.26% of the stock is owned by institutional investors.

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 shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the sale, the director now owns 33,934 shares of the company’s stock, valued at $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.29% of the stock is owned by corporate insiders.

Cheniere Energy Price Performance

Shares of NYSE LNG opened at $227.24 on Monday. Cheniere Energy, Inc. has a 1 year low of $152.88 and a 1 year high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The company’s 50-day moving average is $225.03 and its 200 day moving average is $209.13. The stock has a market capitalization of $50.83 billion, a P/E ratio of 15.97 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.44 billion. On average, sell-side analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.88%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Scotiabank reiterated an “outperform” rating on shares of Cheniere Energy in a research report on Thursday, March 6th. Morgan Stanley lifted their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Argus assumed coverage on shares of Cheniere Energy in a research report on Tuesday, March 18th. They issued a “buy” rating and a $255.00 target price on the stock. TD Cowen lifted their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, Mizuho lifted their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $239.79.

Cheniere Energy Company Profile

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.