L & S Advisors Inc Buys New Shares in Cheniere Energy, Inc. (NYSE:LNG)

L & S Advisors Inc purchased a new stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 15,516 shares of the energy company's stock, valued at approximately $3,334,000.

A number of other institutional investors have also modified their holdings of LNG. MassMutual Private Wealth & Trust FSB boosted its stake in Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after acquiring an additional 75 shares during the period. WR Wealth Planners LLC boosted its position in Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after purchasing an additional 97 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in Cheniere Energy during the 4th quarter valued at approximately $29,000. Adirondack Trust Co. acquired a new stake in Cheniere Energy in the fourth quarter worth $43,000. Finally, SBI Securities Co. Ltd. bought a new stake in Cheniere Energy in the fourth quarter valued at $46,000. Institutional investors own 87.26% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on LNG. The Goldman Sachs Group upped their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a "buy" rating in a research report on Thursday, December 19th. StockNews.com upgraded shares of Cheniere Energy from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. TD Cowen raised their target price on Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a research note on Monday, January 27th. Barclays upped their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a report on Thursday, January 16th. Finally, UBS Group reiterated a "buy" rating and issued a $277.00 target price on shares of Cheniere Energy in a 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 stock. Based on data from MarketBeat, Cheniere Energy presently has a consensus rating of "Moderate Buy" and an average price target of $239.79.

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Cheniere Energy Stock Down 0.3 %

Shares of NYSE LNG traded down $0.80 during mid-day trading on Tuesday, reaching $230.60. The company had a trading volume of 1,450,443 shares, compared to its average volume of 1,817,320. The stock has a fifty day moving average of $223.12 and a two-hundred day moving average of $211.32. Cheniere Energy, Inc. has a 12-month low of $152.88 and a 12-month high of $257.65. The company has a market capitalization of $51.58 billion, a price-to-earnings ratio of 16.20 and a beta of 0.94. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping 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 firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.44 billion. As a group, equities research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

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 0.87%. Cheniere Energy's dividend payout ratio (DPR) is currently 14.05%.

Insider Buying and Selling at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company'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 completion of the sale, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.29% of the company's stock.

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.