Cheniere Energy, Inc. (NYSE:LNG) is Candelo Capital Management LP's 5th Largest Position

Candelo Capital Management LP cut its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 9.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,273 shares of the energy company's stock after selling 3,300 shares during the period. Cheniere Energy accounts for approximately 3.5% of Candelo Capital Management LP's portfolio, making the stock its 5th largest holding. Candelo Capital Management LP's holdings in Cheniere Energy were worth $6,934,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its position in Cheniere Energy by 10.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company's stock valued at $99,000 after purchasing an additional 43 shares during the last quarter. Flagship Harbor Advisors LLC lifted its position in Cheniere Energy by 2.0% in the 4th quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company's stock worth $503,000 after buying an additional 46 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Cheniere Energy by 1.7% in the 4th quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company's stock valued at $719,000 after purchasing an additional 55 shares in the last quarter. American Money Management LLC grew its stake in shares of Cheniere Energy by 0.5% during the fourth quarter. American Money Management LLC now owns 10,987 shares of the energy company's stock valued at $2,361,000 after buying an additional 55 shares during the last quarter. Finally, Forum Financial Management LP increased its stake in Cheniere Energy by 2.0% in the 4th quarter. Forum Financial Management LP now owns 2,822 shares of the energy company's stock worth $606,000 after purchasing an additional 56 shares during the period. 87.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on LNG shares. Stifel Nicolaus dropped their target price on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a report on Tuesday. TD Cowen upped their target price on Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a report on Monday, January 27th. Morgan Stanley boosted their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Argus initiated 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 for the company. Finally, Mizuho increased their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 18th. Fifteen equities research analysts have rated the stock with a buy rating, According to MarketBeat, Cheniere Energy presently has an average rating of "Buy" and a consensus price target of $245.15.

Insider Transactions at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the business's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. The trade was a 20.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.29% of the company's stock.

Cheniere Energy Stock Performance

Cheniere Energy stock opened at $230.11 on Wednesday. The stock's 50 day moving average is $220.91 and its 200 day moving average is $215.66. The company has a market capitalization of $51.27 billion, a P/E ratio of 16.17 and a beta of 0.67. Cheniere Energy, Inc. has a twelve month low of $153.03 and a twelve month high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, beating the consensus estimate of $2.74 by $1.59. The firm had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. On average, equities research analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders 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 presently 14.05%.

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.

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