Jones Financial Companies Lllp Increases Stake in Cheniere Energy, Inc. (NYSE:LNG)

Jones Financial Companies Lllp grew its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 92.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,428 shares of the energy company's stock after purchasing an additional 2,129 shares during the period. Jones Financial Companies Lllp's holdings in Cheniere Energy were worth $951,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. SRS Capital Advisors Inc. raised its holdings in shares of Cheniere Energy by 209.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 876 shares of the energy company's stock valued at $188,000 after purchasing an additional 593 shares during the last quarter. Bailard Inc. increased its holdings in Cheniere Energy by 1.4% during the fourth quarter. Bailard Inc. now owns 6,663 shares of the energy company's stock worth $1,432,000 after buying an additional 90 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in Cheniere Energy during the fourth quarter worth about $29,000. Smartleaf Asset Management LLC increased its holdings in Cheniere Energy by 44.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,539 shares of the energy company's stock worth $328,000 after buying an additional 474 shares during the last quarter. Finally, BlueStem Wealth Partners LLC purchased a new stake in Cheniere Energy during the fourth quarter worth about $363,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Insider Activity

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. The trade was 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. 0.29% of the stock is owned by company insiders.

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Analyst Ratings Changes

LNG has been the subject of a number of research analyst reports. Barclays raised their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. Scotiabank raised their price objective on shares of Cheniere Energy from $247.00 to $254.00 and gave the stock a "sector outperform" rating in a report on Thursday. The Goldman Sachs Group raised their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a "buy" rating in a report on Thursday, December 19th. Morgan Stanley lifted their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Finally, StockNews.com upgraded shares of Cheniere Energy from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. One research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $236.33.

Cheniere Energy Price Performance

Shares of LNG stock traded up $5.16 during trading hours on Friday, reaching $220.57. The stock had a trading volume of 2,749,123 shares, compared to its average volume of 1,749,702. The stock's fifty day simple moving average is $225.15 and its 200 day simple moving average is $206.37. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 12 month low of $152.88 and a 12 month high of $257.65. The firm has a market capitalization of $49.33 billion, a PE ratio of 15.50 and a beta of 0.94.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. On average, equities research analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

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

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.