Quantessence Capital LLC Purchases New Shares in Cheniere Energy, Inc. (NYSE:LNG)

Quantessence Capital LLC acquired a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 7,920 shares of the energy company's stock, valued at approximately $1,702,000.

Other large investors also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB lifted its stake in Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock worth $26,000 after acquiring an additional 75 shares during the period. WR Wealth Planners LLC increased its holdings in Cheniere Energy by 373.1% during the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock valued at $26,000 after buying an additional 97 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in Cheniere Energy in the fourth quarter worth approximately $29,000. Nemes Rush Group LLC lifted its holdings in Cheniere Energy by 2,022.2% during the fourth 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 period. Finally, Adirondack Trust Co. bought a new stake in Cheniere Energy during the 4th quarter valued at $43,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Scotiabank reissued an "outperform" rating on shares of Cheniere Energy in a research report on Thursday, March 6th. Barclays increased their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. UBS Group reaffirmed a "buy" rating and issued a $277.00 price objective on shares of Cheniere Energy in a research report on Tuesday, March 18th. Morgan Stanley increased their target price 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. Finally, Mizuho lifted their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. Fifteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $245.15.

Cheniere Energy Stock Performance

Shares of NYSE LNG traded up $0.96 during mid-day trading on Friday, hitting $233.23. The stock had a trading volume of 1,169,657 shares, compared to its average volume of 1,880,481. The firm has a market cap of $51.97 billion, a PE ratio of 16.39 and a beta of 0.67. 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 company has a 50 day moving average of $221.95 and a two-hundred day moving average of $216.35. Cheniere Energy, Inc. has a twelve month low of $153.03 and a twelve month high of $257.65.

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

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date was Friday, February 7th. Cheniere Energy's dividend payout ratio is presently 14.05%.

Insider Buying and Selling at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the firm's stock in a transaction 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 transaction, the director now owns 33,934 shares of the company's stock, valued at $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.26% of the company's stock.

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.