GSA Capital Partners LLP Buys New Holdings in Cheniere Energy, Inc. (NYSE:LNG)

GSA Capital Partners LLP bought a new position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,732 shares of the energy company's stock, valued at approximately $851,000.

Other large investors have also modified their holdings of the company. Crewe Advisors LLC purchased a new position in Cheniere Energy during the first quarter worth approximately $26,000. MCF Advisors LLC purchased a new position in shares of Cheniere Energy during the 2nd quarter worth $26,000. Lynx Investment Advisory acquired a new position in shares of Cheniere Energy during the 2nd quarter valued at about $27,000. Carolinas Wealth Consulting LLC boosted its position in shares of Cheniere Energy by 5,000.0% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company's stock valued at $27,000 after acquiring an additional 150 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Cheniere Energy in the third quarter valued at about $27,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Analyst Ratings Changes

LNG has been the topic of several recent analyst reports. UBS Group boosted their target price on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a "buy" rating in a report on Friday. Barclays upped their price objective on Cheniere Energy from $199.00 to $202.00 and gave the company an "overweight" rating in a report on Tuesday, October 15th. Royal Bank of Canada raised their target price on Cheniere Energy from $201.00 to $217.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 16th. Stifel Nicolaus reduced their target price on Cheniere Energy from $208.00 to $204.00 and set a "buy" rating on the stock in a research report on Friday, August 9th. Finally, Bank of America began coverage on Cheniere Energy in a report on Thursday, October 17th. They set a "buy" rating and a $215.00 price target for the company. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Cheniere Energy has an average rating of "Moderate Buy" and an average target price of $208.44.

Cheniere Energy Trading Up 0.7 %

NYSE LNG traded up $1.52 during trading on Friday, hitting $212.30. The stock had a trading volume of 1,599,104 shares, compared to its average volume of 1,995,510. 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 company has a market capitalization of $47.63 billion, a PE ratio of 13.56 and a beta of 0.94. The firm has a 50 day moving average price of $187.64 and a 200 day moving average price of $176.54. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $217.95.

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 for the quarter, beating 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 business's quarterly revenue was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.37 earnings per share. As a group, equities research analysts forecast that Cheniere Energy, Inc. will post 11.26 earnings per share for the current year.

Cheniere Energy Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 18th. Stockholders of record on Friday, November 8th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date is Friday, November 8th. Cheniere Energy's dividend payout ratio is currently 12.77%.

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.