Arkadios Wealth Advisors Raises Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Arkadios Wealth Advisors increased its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 82.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,660 shares of the energy company's stock after buying an additional 1,201 shares during the quarter. Arkadios Wealth Advisors' holdings in Cheniere Energy were worth $572,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Octavia Wealth Advisors LLC raised its position in shares of Cheniere Energy by 3.7% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 1,498 shares of the energy company's stock valued at $269,000 after purchasing an additional 54 shares during the period. Chemistry Wealth Management LLC raised its position in shares of Cheniere Energy by 5.2% during the 4th quarter. Chemistry Wealth Management LLC now owns 1,241 shares of the energy company's stock valued at $267,000 after buying an additional 61 shares in the last quarter. MAI Capital Management lifted its holdings in shares of Cheniere Energy by 1.5% in the 3rd quarter. MAI Capital Management now owns 4,204 shares of the energy company's stock valued at $756,000 after acquiring an additional 62 shares during the last quarter. Sapient Capital LLC lifted its holdings in shares of Cheniere Energy by 0.9% in the 3rd quarter. Sapient Capital LLC now owns 7,514 shares of the energy company's stock valued at $1,351,000 after acquiring an additional 67 shares during the last quarter. Finally, SeaCrest Wealth Management LLC grew its position in Cheniere Energy by 2.9% in the fourth quarter. SeaCrest Wealth Management LLC now owns 2,590 shares of the energy company's stock worth $557,000 after acquiring an additional 74 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Trading Down 6.5 %

Shares of NYSE:LNG traded down $16.16 during trading on Wednesday, reaching $233.47. 4,848,337 shares of the company were exchanged, compared to its average volume of 2,314,068. The business's fifty day simple moving average is $221.23 and its 200-day simple moving average is $196.72. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $257.65. The firm has a market capitalization of $52.38 billion, a PE ratio of 14.91 and a beta of 0.99.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 EPS for the quarter, topping the consensus estimate of $1.87 by $2.06. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The company had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.76 billion. During the same period last year, the business posted $2.37 EPS. Cheniere Energy's quarterly revenue was down 9.5% on a year-over-year basis. On average, research analysts anticipate that Cheniere Energy, Inc. will post 12.66 EPS for the current year.

Cheniere Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.00 annualized dividend and a dividend yield of 0.86%. Cheniere Energy's dividend payout ratio is currently 12.77%.

Analysts Set New Price Targets

A number of brokerages have issued reports on LNG. Royal Bank of Canada upped their price objective on Cheniere Energy from $201.00 to $217.00 and gave the company an "outperform" rating in a research report on Wednesday, October 16th. Barclays raised their price target on Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. 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 research report on Thursday, December 19th. Wells Fargo & Company raised their target price on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an "overweight" rating in a report on Wednesday, December 18th. Finally, Scotiabank upped their price target on shares of Cheniere Energy from $242.00 to $247.00 and gave the company a "sector outperform" rating in a report on Tuesday. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $231.64.

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.