Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Clearstead Trust LLC

Clearstead Trust LLC lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 84.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,681 shares of the energy company's stock after acquiring an additional 1,681 shares during the period. Clearstead Trust LLC's holdings in Cheniere Energy were worth $791,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Miracle Mile Advisors LLC purchased a new position in shares of Cheniere Energy during the fourth quarter worth approximately $2,127,000. Fractal Investments LLC grew its position in shares of Cheniere Energy by 31.0% during the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock worth $12,720,000 after acquiring an additional 14,000 shares during the last quarter. Anderson Hoagland & Co. purchased a new position in shares of Cheniere Energy during the fourth quarter worth approximately $2,460,000. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Cheniere Energy by 31.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock worth $7,812,000 after acquiring an additional 8,756 shares during the last quarter. Finally, Insight Wealth Strategies LLC purchased a new position in Cheniere Energy in the 4th quarter valued at $4,455,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the business's stock in a transaction dated 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 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.29% of the stock is currently owned by corporate insiders.

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Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. TD Cowen lifted their price objective on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Barclays lifted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. Argus assumed coverage on shares of Cheniere Energy in a research report on Tuesday. They issued a "buy" rating and a $255.00 price objective on the stock. Scotiabank reiterated an "outperform" rating on shares of Cheniere Energy in a research report on Thursday, March 6th. Finally, Mizuho lifted their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $239.79.

Cheniere Energy Price Performance

Shares of NYSE:LNG traded up $3.26 during midday trading on Wednesday, hitting $227.29. 1,365,490 shares of the stock were exchanged, compared to its average volume of 1,745,282. The stock has a market cap of $50.84 billion, a P/E ratio of 15.97 and a beta of 0.94. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a twelve month low of $152.88 and a twelve month high of $257.65. The company has a 50 day moving average price of $224.84 and a 200-day moving average price of $208.17.

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

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.88%. The ex-dividend date was Friday, February 7th. Cheniere Energy's payout ratio is 14.05%.

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.