Cheniere Energy, Inc. (NYSE:LNG) Shares Purchased by PFG Advisors

PFG Advisors raised its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 24.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,712 shares of the energy company's stock after purchasing an additional 1,327 shares during the quarter. PFG Advisors' holdings in Cheniere Energy were worth $1,442,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

LNG has been the subject of a number of analyst reports. StockNews.com raised Cheniere Energy from a "hold" rating to a "buy" rating in a report on Friday, February 21st. UBS Group increased their target price on Cheniere Energy from $232.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, November 15th. TD Cowen lifted their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. Stifel Nicolaus increased their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Finally, Barclays boosted their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. One investment analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $236.33.

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Cheniere Energy Stock Performance

Shares of LNG stock opened at $210.99 on Friday. The company has a market cap of $47.19 billion, a P/E ratio of 14.83 and a beta of 0.94. The business has a 50 day moving average of $224.93 and a two-hundred day moving average of $207.05. Cheniere Energy, Inc. has a 52 week low of $152.88 and a 52 week 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 released its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analyst estimates of $4.44 billion. As a group, analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.95%. Cheniere Energy's dividend payout ratio is currently 14.05%.

Insider Buying and Selling

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 value of $1,975,590.00. Following the completion of the transaction, the director now owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.29% of the company's stock.

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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