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Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Jump Financial LLC

Cheniere Energy logo with Energy background

Jump Financial LLC raised its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 132.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 13,834 shares of the energy company's stock after purchasing an additional 7,882 shares during the period. Jump Financial LLC's holdings in Cheniere Energy were worth $2,973,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB increased its position in Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after purchasing an additional 75 shares during the period. 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 worth $26,000 after buying an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cheniere Energy in the 4th quarter worth approximately $29,000. Nemes Rush Group LLC grew its position in shares of Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock worth $41,000 after buying an additional 182 shares during the last quarter. Finally, Adirondack Trust Co. purchased a new position in shares of Cheniere Energy in the 4th quarter worth approximately $43,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Cheniere Energy Stock Performance

Shares of LNG traded down $3.02 during trading hours on Wednesday, hitting $226.78. The stock had a trading volume of 1,003,763 shares, compared to its average volume of 2,330,805. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The firm has a 50-day moving average price of $220.91 and a 200 day moving average price of $215.66. Cheniere Energy, Inc. has a fifty-two week low of $153.03 and a fifty-two week high of $257.65. The firm has a market capitalization of $50.53 billion, a price-to-earnings ratio of 15.94 and a beta of 0.67.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.44 billion. As a group, research analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy's payout ratio is presently 14.05%.

Insiders Place Their Bets

In other news, Director G Andrea Botta sold 9,000 shares of the business's stock in a transaction dated 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 owns 33,934 shares of the company's stock, valued at $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.29% of the stock is currently owned by company insiders.

Analyst Ratings Changes

LNG has been the topic of a number of analyst reports. Barclays lifted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Scotiabank reissued an "outperform" rating on shares of Cheniere Energy in a research report on Thursday, March 6th. TD Cowen boosted their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. Argus assumed coverage on shares of Cheniere Energy in a research report on Tuesday, March 18th. They set a "buy" rating and a $255.00 target price on the stock. Finally, Stifel Nicolaus dropped their target price on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research report on Tuesday. Fifteen investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $245.15.

Check Out Our Latest Analysis on LNG

About Cheniere Energy

(Free Report)

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.

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Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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