Kerusso Capital Management LLC Acquires New Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Kerusso Capital Management LLC purchased a new position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 8,712 shares of the energy company's stock, valued at approximately $1,872,000.

A number of other large investors also recently modified their holdings of LNG. Miracle Mile Advisors LLC acquired a new stake in shares of Cheniere Energy in the 4th quarter worth about $2,127,000. Fractal Investments LLC increased its holdings in shares of Cheniere Energy by 31.0% in the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock worth $12,720,000 after acquiring an additional 14,000 shares during the period. Anderson Hoagland & Co. acquired a new stake in shares of Cheniere Energy in the 4th quarter worth about $2,460,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Cheniere Energy by 31.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock worth $7,812,000 after acquiring an additional 8,756 shares during the period. Finally, Insight Wealth Strategies LLC acquired a new stake in shares of Cheniere Energy in the 4th quarter worth about $4,455,000. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Trading Up 3.6 %

Shares of LNG traded up $7.99 during midday trading on Thursday, hitting $226.80. The stock had a trading volume of 3,633,140 shares, compared to its average volume of 2,422,458. Cheniere Energy, Inc. has a fifty-two week low of $152.31 and a fifty-two week high of $257.65. The business has a 50-day simple moving average of $222.68 and a two-hundred day simple moving average of $203.10. The firm has a market cap of $50.89 billion, a P/E ratio of 14.48 and a beta of 0.98. 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 (NYSE:LNG - Get Free Report) last announced its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. As a group, equities analysts forecast that Cheniere Energy, Inc. will post 12.77 EPS for the current year.

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.88%. The ex-dividend date is Friday, February 7th. Cheniere Energy's dividend payout ratio is currently 12.77%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Scotiabank raised 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, January 21st. Stifel Nicolaus raised their target price on shares of Cheniere Energy from $204.00 to $237.00 and gave the company a "buy" rating in a research note on Wednesday, December 4th. TD Cowen raised their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a "buy" rating in a research note on Monday, January 27th. UBS Group raised their target price on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, November 15th. Finally, Morgan Stanley raised their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $234.25.

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.