Kathmere Capital Management LLC Invests $245,000 in Cheniere Energy, Inc. (NYSE:LNG)

Kathmere Capital Management LLC purchased a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,141 shares of the energy company's stock, valued at approximately $245,000.

Several other large investors have also recently modified their holdings of LNG. Moisand Fitzgerald Tamayo LLC purchased a new position in Cheniere Energy in the 3rd quarter worth approximately $27,000. Carolinas Wealth Consulting LLC increased its holdings in shares of Cheniere Energy by 5,000.0% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company's stock worth $27,000 after purchasing an additional 150 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in shares of Cheniere Energy in the third quarter worth $28,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Cheniere Energy during the second quarter valued at $30,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of Cheniere Energy during the third quarter valued at $53,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Cheniere Energy Stock Performance

Cheniere Energy stock traded down $0.96 during trading on Friday, reaching $252.70. The company had a trading volume of 2,454,749 shares, compared to its average volume of 1,980,463. The firm has a market capitalization of $56.70 billion, a price-to-earnings ratio of 16.14 and a beta of 0.99. 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 firm's 50-day simple moving average is $219.76 and its 200 day simple moving average is $195.33. Cheniere Energy, Inc. has a 52 week low of $152.31 and a 52 week high of $257.65.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.87 by $2.06. The firm had revenue of $3.76 billion for the quarter, compared to analysts' expectations of $3.76 billion. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The business's quarterly revenue was down 9.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.37 EPS. Sell-side analysts forecast that Cheniere Energy, Inc. will post 12.66 earnings per share for the current fiscal year.

Cheniere Energy Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were given a $0.50 dividend. The ex-dividend date was Friday, November 8th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.79%. Cheniere Energy's payout ratio is currently 12.77%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. TD Cowen boosted their target price on Cheniere Energy from $202.00 to $242.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. The Goldman Sachs Group boosted their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a "buy" rating in a report on Thursday, December 19th. Bank of America started coverage on shares of Cheniere Energy in a report on Thursday, October 17th. They issued a "buy" rating and a $215.00 target price on the stock. Royal Bank of Canada lifted their target price on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 16th. Finally, UBS Group increased their price target on Cheniere Energy from $232.00 to $265.00 and gave the company a "buy" rating in a report on Friday, November 15th. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $231.18.

Cheniere Energy 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.