Quaero Capital S.A. Takes $615,000 Position in Cheniere Energy, Inc. (NYSE:LNG)

Quaero Capital S.A. purchased a new position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,860 shares of the energy company's stock, valued at approximately $615,000.

Several other hedge funds have also bought and sold shares of LNG. Miracle Mile Advisors LLC purchased a new stake in shares of Cheniere Energy during the 4th quarter valued at about $2,127,000. Fractal Investments LLC grew its stake in 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 in the last quarter. Anderson Hoagland & Co. bought a new position in Cheniere Energy in the 4th quarter worth about $2,460,000. Insight Wealth Strategies LLC bought a new position in Cheniere Energy in the 4th quarter worth about $4,455,000. Finally, Kathmere Capital Management LLC bought a new position in shares of Cheniere Energy during the fourth quarter valued at approximately $245,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Cheniere Energy Price Performance

LNG traded up $3.14 on Wednesday, reaching $218.79. 2,884,426 shares of the company's stock were exchanged, compared to its average volume of 2,384,542. The stock has a market cap of $49.09 billion, a PE ratio of 13.97 and a beta of 0.98. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65. The stock's fifty day moving average price is $222.61 and its 200-day moving average price is $202.99. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Friday, February 7th. Cheniere Energy's dividend payout ratio (DPR) is presently 12.77%.

Wall Street Analyst Weigh In

LNG has been the subject of several recent analyst reports. 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 price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a "buy" rating in a report on Monday, January 27th. Barclays raised their target price 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. The Goldman Sachs Group raised their target price 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. Finally, Morgan Stanley raised their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Two 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 has a consensus rating of "Moderate Buy" and an average target price of $234.25.

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.