Cheniere Energy (NYSE:LNG) Stock Unloaded Rep. Greg Landsman

Representative Greg Landsman (D-Ohio) recently sold shares of Cheniere Energy, Inc. NYSE: LNG. In a filing disclosed on November 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Cheniere Energy stock on October 15th. The trade occurred in the Representative's "SARAH LANDSMAN TRADITIONAL IRA" account.

Representative Greg Landsman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Pfizer NYSE: PFE on 10/15/2024.
• Sold $15,001 - $50,000 in shares of Phillips 66 NYSE: PSX on 10/15/2024.
• Sold $15,001 - $50,000 in shares of Diamondback Energy NASDAQ: FANG on 10/15/2024.
• Sold $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 10/15/2024.
• Sold $1,001 - $15,000 in shares of Linde NASDAQ: LIN on 10/15/2024.
• Sold $1,001 - $15,000 in shares of Regeneron Pharmaceuticals NASDAQ: REGN on 10/15/2024.
• Sold $1,001 - $15,000 in shares of CrowdStrike NASDAQ: CRWD on 10/15/2024.
• Sold $15,001 - $50,000 in shares of Exxon Mobil NYSE: XOM on 10/15/2024.
• Sold $15,001 - $50,000 in shares of Amazon.com NASDAQ: AMZN on 10/15/2024.
• Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 9/10/2024.

Cheniere Energy Trading Up 0.7 %

NYSE:LNG traded up $1.52 during trading hours on Friday, hitting $212.30. The company had a trading volume of 1,599,104 shares, compared to its average volume of 1,783,304. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $217.95. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The company has a 50-day moving average of $187.64 and a 200 day moving average of $176.41. The company has a market cap of $47.63 billion, a P/E ratio of 13.56 and a beta of 0.94.

Cheniere Energy (NYSE:LNG - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.87 by $2.06. The firm had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. Cheniere Energy's quarterly revenue was down 9.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.37 earnings per share. Sell-side analysts expect that Cheniere Energy, Inc. will post 11.26 earnings per share for the current year.

Cheniere Energy Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 18th. Shareholders of record on Friday, November 8th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date is Friday, November 8th. Cheniere Energy's dividend payout ratio (DPR) is currently 12.77%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LNG. Crewe Advisors LLC acquired a new stake in Cheniere Energy during the 1st quarter worth $26,000. MCF Advisors LLC acquired a new position in Cheniere Energy during the second quarter worth approximately $26,000. Lynx Investment Advisory purchased a new position in shares of Cheniere Energy during the second quarter worth approximately $27,000. Carolinas Wealth Consulting LLC increased its holdings in shares of Cheniere Energy by 5,000.0% in the 2nd quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company's stock valued at $27,000 after acquiring an additional 150 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC acquired a new position in Cheniere Energy in the third quarter valued at $27,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LNG has been the topic of several analyst reports. UBS Group lifted their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a "buy" rating in a research report on Friday. Bank of America started coverage on Cheniere Energy in a research note on Thursday, October 17th. They issued a "buy" rating and a $215.00 price target on the stock. Barclays raised their price objective on Cheniere Energy from $199.00 to $202.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 15th. Royal Bank of Canada upped their target price on shares of Cheniere Energy from $201.00 to $217.00 and gave the company an "outperform" rating in a research report on Wednesday, October 16th. Finally, Stifel Nicolaus lowered their target price on shares of Cheniere Energy from $208.00 to $204.00 and set a "buy" rating for the company in a research note on Friday, August 9th. Two analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Cheniere Energy presently has an average rating of "Moderate Buy" and an average price target of $208.44.

About Representative Landsman

Greg Landsman (Democratic Party) is a member of the U.S. House, representing Ohio's 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2025. Landsman is also a member of the Cincinnati City Council in Ohio. He assumed office on January 2, 2018. His current term ends on January 1, 2024. Landsman (Democratic Party) is running for re-election to the U.S. House to represent Ohio's 1st Congressional District. He declared candidacy for the 2024 election. Greg Landsman was born in Cincinnati, Ohio, and lives in Mt. Washington, Ohio. Landsman earned a B.A. in economics and political science from Ohio University and an M.A. in theological studies, religion, and public policy from Harvard University in 2004. His career experience includes working as the executive director of The Strive Partnership with the KnowledgeWorks Foundation and the director of the Ohio Governor's Office of Faith-Based and Community Initiatives.

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.