Dana Investment Advisors Inc. Grows Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Dana Investment Advisors Inc. raised its stake in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 7.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,685 shares of the energy company's stock after buying an additional 1,221 shares during the period. Dana Investment Advisors Inc.'s holdings in Cheniere Energy were worth $4,015,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB grew its position in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after buying an additional 75 shares during the last quarter. WR Wealth Planners LLC grew its position in shares of Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after buying an additional 97 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Cheniere Energy in the 3rd quarter valued at about $28,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cheniere Energy during the 4th quarter valued at about $29,000. Finally, Adirondack Trust Co. bought a new stake in shares of Cheniere Energy during the 4th quarter valued at about $43,000. Institutional investors own 87.26% of the company's stock.

Cheniere Energy Stock Up 2.4 %

NYSE:LNG traded up $5.16 on Friday, hitting $220.57. The stock had a trading volume of 2,749,123 shares, compared to its average volume of 1,749,702. The company has a market cap of $49.33 billion, a PE ratio of 15.50 and a beta of 0.94. Cheniere Energy, Inc. has a 52 week low of $152.88 and a 52 week high of $257.65. The business's fifty day moving average is $225.15 and its 200 day moving average is $206.54. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41.

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Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping 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 expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy's dividend payout ratio (DPR) is presently 14.05%.

Analyst Ratings Changes

Several brokerages recently commented on LNG. UBS Group upped their target price on Cheniere Energy from $232.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, November 15th. TD Cowen upped their target price on Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a research report on Monday, January 27th. StockNews.com upgraded Cheniere Energy from a "hold" rating to a "buy" rating in a research report on Friday, February 21st. Morgan Stanley upped their target price on Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Finally, Barclays upped their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. One research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, Cheniere Energy presently has an average rating of "Moderate Buy" and a consensus target price of $236.33.

Insider Transactions at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares of the company's stock, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.29% of the company's stock.

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.