Cheniere Energy, Inc. (NYSE:LNG) Shares Purchased by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 46.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,345 shares of the energy company's stock after purchasing an additional 2,957 shares during the period. Raab & Moskowitz Asset Management LLC's holdings in Cheniere Energy were worth $2,008,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB raised its holdings in Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after acquiring an additional 75 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in Cheniere Energy in the 3rd quarter valued at about $28,000. Adirondack Trust Co. acquired a new stake in Cheniere Energy in the 4th quarter valued at about $43,000. City Holding Co. acquired a new stake in shares of Cheniere Energy during the 4th quarter worth approximately $50,000. Finally, ORG Wealth Partners LLC acquired a new stake in shares of Cheniere Energy during the 3rd quarter worth approximately $53,000. Institutional investors and hedge funds own 87.26% of the company's stock.

Cheniere Energy Stock Up 1.6 %

LNG stock traded up $3.38 during midday trading on Friday, hitting $213.37. The company's stock had a trading volume of 2,742,624 shares, compared to its average volume of 2,373,371. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 52-week low of $152.31 and a 52-week high of $257.65. The firm has a market capitalization of $47.87 billion, a P/E ratio of 13.62 and a beta of 0.98. The firm has a 50-day simple moving average of $222.58 and a 200-day simple moving average of $202.34.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a $0.50 dividend. The ex-dividend date is Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.94%. Cheniere Energy's dividend payout ratio is presently 12.77%.

Analysts Set New Price Targets

LNG has been the subject of a number of recent analyst reports. 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. Morgan Stanley raised their price target 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. Barclays raised their price target 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 price target 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, UBS Group raised their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus 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.