Stifel Financial Corp Grows Stake in Cheniere Energy, Inc. (NYSE:LNG)

Stifel Financial Corp grew its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 2.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 267,885 shares of the energy company's stock after buying an additional 6,025 shares during the period. Stifel Financial Corp owned approximately 0.12% of Cheniere Energy worth $48,185,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Octavia Wealth Advisors LLC grew its position in Cheniere Energy by 3.7% in the third quarter. Octavia Wealth Advisors LLC now owns 1,498 shares of the energy company's stock worth $269,000 after acquiring an additional 54 shares in the last quarter. MAI Capital Management boosted its holdings in shares of Cheniere Energy by 1.5% in the 3rd quarter. MAI Capital Management now owns 4,204 shares of the energy company's stock worth $756,000 after purchasing an additional 62 shares during the period. Signature Wealth Management Group increased its position in shares of Cheniere Energy by 1.4% during the 2nd quarter. Signature Wealth Management Group now owns 4,758 shares of the energy company's stock valued at $832,000 after purchasing an additional 66 shares during the last quarter. Sapient Capital LLC raised its holdings in Cheniere Energy by 0.9% during the 3rd quarter. Sapient Capital LLC now owns 7,514 shares of the energy company's stock valued at $1,351,000 after buying an additional 67 shares during the period. Finally, Capital Advisors Ltd. LLC raised its stake in shares of Cheniere Energy by 57.6% in the second quarter. Capital Advisors Ltd. LLC now owns 186 shares of the energy company's stock valued at $33,000 after acquiring an additional 68 shares during the period. 87.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

LNG has been the topic of several recent analyst reports. Stifel Nicolaus increased their price target on Cheniere Energy from $204.00 to $237.00 and gave the stock a "buy" rating in a report on Wednesday. TD Cowen increased their target price on Cheniere Energy from $202.00 to $242.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Barclays boosted their target price on shares of Cheniere Energy from $199.00 to $202.00 and gave the company an "overweight" rating in a research note on Tuesday, October 15th. Royal Bank of Canada upped their price target on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an "outperform" rating in a report on Wednesday, October 16th. Finally, UBS Group lifted their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a "buy" rating in a report on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $216.56.

Cheniere Energy Stock Down 1.8 %

Shares of NYSE:LNG traded down $3.99 during trading hours on Friday, hitting $221.93. The company's stock had a trading volume of 1,286,273 shares, compared to its average volume of 1,638,297. The firm's fifty day moving average price is $200.29 and its 200 day moving average price is $183.27. Cheniere Energy, Inc. has a 52 week low of $152.31 and a 52 week high of $228.10. The company has a market capitalization of $49.79 billion, a price-to-earnings ratio of 14.17 and a beta of 0.97. 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 (NYSE:LNG - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 EPS for the quarter, topping analysts' consensus estimates of $1.87 by $2.06. The company had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. Cheniere Energy's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.37 earnings per share. As a group, research analysts expect that Cheniere Energy, Inc. will post 11.25 EPS for the current year.

Cheniere Energy Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date was Friday, November 8th. Cheniere Energy's payout ratio is currently 12.77%.

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.