GoalVest Advisory LLC Takes $1.45 Million Position in Cheniere Energy, Inc. (NYSE:LNG)

GoalVest Advisory LLC purchased a new position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 6,750 shares of the energy company's stock, valued at approximately $1,450,000.

A number of other hedge funds also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB raised its stake in shares of Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock worth $26,000 after purchasing an additional 75 shares during the last quarter. Moisand Fitzgerald Tamayo LLC bought a new stake in Cheniere Energy in the 3rd quarter worth about $27,000. Capital Performance Advisors LLP purchased a new position in Cheniere Energy in the 3rd quarter worth about $28,000. Strategic Investment Solutions Inc. IL bought a new position in Cheniere Energy during the 2nd quarter valued at about $30,000. Finally, City Holding Co. bought a new position in Cheniere Energy during the 4th quarter valued at about $50,000. Institutional investors own 87.26% of the company's stock.

Cheniere Energy Stock Performance

Shares of NYSE:LNG traded up $1.00 during mid-day trading on Thursday, reaching $234.36. 3,085,245 shares of the company traded hands, compared to its average volume of 2,369,365. Cheniere Energy, Inc. has a 52 week low of $152.31 and a 52 week high of $257.65. The firm has a market cap of $52.58 billion, a PE ratio of 14.97 and a beta of 0.99. The company's 50 day moving average price is $221.70 and its 200-day moving average price is $196.97. 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 (NYSE:LNG - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.87 by $2.06. The firm had revenue of $3.76 billion during the quarter, compared to analysts' expectations of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The company's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.37 earnings per share. On average, equities analysts expect that Cheniere Energy, Inc. will post 12.67 EPS for the current fiscal year.

Cheniere Energy Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were given 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 0.85%. Cheniere Energy's payout ratio is 12.77%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. UBS Group lifted their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. Scotiabank boosted their target price on shares of Cheniere Energy from $242.00 to $247.00 and gave the company a "sector outperform" rating in a research note on Tuesday. The Goldman Sachs Group raised their price target on Cheniere Energy from $234.00 to $261.00 and gave the stock a "buy" rating in a research note on Thursday, December 19th. TD Cowen upped their price objective on Cheniere Energy from $202.00 to $242.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Finally, Barclays raised their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Two equities research 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 price target of $231.64.

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.