Gladstone Institutional Advisory LLC Makes New Investment in Cheniere Energy, Inc. (NYSE:LNG)

Gladstone Institutional Advisory LLC acquired a new position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,209 shares of the energy company's stock, valued at approximately $260,000.

A number of other large investors also recently modified their holdings of LNG. Geneos Wealth Management Inc. grew its stake in Cheniere Energy by 10.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company's stock worth $99,000 after buying an additional 43 shares during the last quarter. Flagship Harbor Advisors LLC boosted its stake in Cheniere Energy by 2.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company's stock valued at $503,000 after acquiring an additional 46 shares during the last quarter. Chemistry Wealth Management LLC boosted its position in shares of Cheniere Energy by 5.2% in the 4th quarter. Chemistry Wealth Management LLC now owns 1,241 shares of the energy company's stock worth $267,000 after purchasing an additional 61 shares during the last quarter. Premier Path Wealth Partners LLC grew its position in shares of Cheniere Energy by 5.4% during the 4th quarter. Premier Path Wealth Partners LLC now owns 1,191 shares of the energy company's stock worth $256,000 after buying an additional 61 shares during the period. Finally, MAI Capital Management grew its holdings in Cheniere Energy by 1.5% during the third quarter. MAI Capital Management now owns 4,204 shares of the energy company's stock valued at $756,000 after purchasing an additional 62 shares during the period. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on LNG shares. UBS Group raised their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Barclays raised their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. TD Cowen boosted their price target on Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. The Goldman Sachs Group increased 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. Finally, Scotiabank upped their price objective on Cheniere Energy from $242.00 to $247.00 and gave the company a "sector outperform" rating in a report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, Cheniere Energy currently has an average rating of "Moderate Buy" and an average target price of $234.25.

Cheniere Energy Stock Up 1.5 %

Cheniere Energy stock traded up $3.14 during midday trading on Wednesday, hitting $218.79. 2,426,036 shares of the stock were exchanged, compared to its average volume of 2,356,500. Cheniere Energy, Inc. has a 52-week low of $152.31 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. The business's 50-day moving average price is $222.61 and its 200-day moving average price is $202.99. The stock has a market capitalization of $49.09 billion, a price-to-earnings ratio of 13.97 and a beta of 0.98.

Cheniere Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be issued 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 is Friday, February 7th. Cheniere Energy's dividend payout ratio is presently 12.77%.

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.