Cheniere Energy (NYSE:LNG) Given New $254.00 Price Target at Mizuho

Cheniere Energy (NYSE:LNG - Free Report) had its price objective upped by Mizuho from $248.00 to $254.00 in a report published on Tuesday morning,Benzinga reports. They currently have an outperform rating on the energy company's stock.

Other equities analysts have also recently issued research reports about the stock. Barclays boosted their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. The Goldman Sachs Group upped their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a "buy" rating in a research note on Thursday, December 19th. Scotiabank reaffirmed an "outperform" rating on shares of Cheniere Energy in a research note on Thursday, March 6th. StockNews.com raised shares of Cheniere Energy from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Finally, Wells Fargo & Company upped their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an "overweight" rating in a research note on Wednesday, December 18th. One equities research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $239.79.

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Cheniere Energy Price Performance

LNG stock traded down $2.99 during midday trading on Tuesday, reaching $227.24. The company had a trading volume of 2,394,650 shares, compared to its average volume of 1,747,428. 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 has a 1 year low of $152.88 and a 1 year high of $257.65. The company has a market capitalization of $50.83 billion, a P/E ratio of 15.97 and a beta of 0.94. The firm has a 50-day moving average price of $225.03 and a 200-day moving average price of $208.94.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping 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 business had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.44 billion. On average, research analysts anticipate that Cheniere Energy will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

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

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.29% of the company's stock.

Institutional Trading of Cheniere Energy

Hedge funds and other institutional investors have recently modified their holdings of the business. MassMutual Private Wealth & Trust FSB grew its position in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock worth $26,000 after buying an additional 75 shares during the period. WR Wealth Planners LLC grew its position in Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after purchasing an additional 97 shares during the last quarter. REAP Financial Group LLC grew its position in Cheniere Energy by 150.0% during the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company's stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in Cheniere Energy during the 4th quarter valued at about $29,000. Finally, Banque Transatlantique SA purchased a new stake in Cheniere Energy during the 4th quarter valued at about $32,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

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.