Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by Larson Financial Group LLC

Larson Financial Group LLC lifted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,346 shares of the energy company’s stock after purchasing an additional 55 shares during the period. Larson Financial Group LLC’s holdings in Cheniere Energy were worth $719,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of LNG. Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of Cheniere Energy by 5.4% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 16,691 shares of the energy company’s stock valued at $3,958,000 after acquiring an additional 851 shares during the last quarter. Edgestream Partners L.P. increased its position in shares of Cheniere Energy by 81.8% during the fourth quarter. Edgestream Partners L.P. now owns 21,124 shares of the energy company’s stock worth $4,539,000 after purchasing an additional 9,504 shares in the last quarter. BBR Partners LLC raised its stake in Cheniere Energy by 5.4% in the 4th quarter. BBR Partners LLC now owns 1,658 shares of the energy company’s stock valued at $356,000 after purchasing an additional 85 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in Cheniere Energy by 11.6% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 6,729 shares of the energy company’s stock valued at $1,446,000 after purchasing an additional 698 shares in the last quarter. Finally, Callan Family Office LLC acquired a new stake in Cheniere Energy during the 4th quarter worth $709,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Insider Buying and Selling at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.29% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Wells Fargo & Company increased their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Scotiabank raised their target price on shares of Cheniere Energy from $247.00 to $254.00 and gave the stock a “sector outperform” rating in a research note on Thursday. UBS Group upped their price target on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, The Goldman Sachs Group increased their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Cheniere Energy has a consensus rating of “Moderate Buy” and a consensus price target of $236.33.

Cheniere Energy Stock Performance

NYSE LNG opened at $220.57 on Monday. The stock has a fifty day simple moving average of $225.15 and a 200-day simple moving average of $206.54. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The stock has a market cap of $49.33 billion, a PE ratio of 15.50 and a beta of 0.94. Cheniere Energy, Inc. has a twelve month low of $152.88 and a twelve month high of $257.65.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $2.74 by $1.59. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.91%. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

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.