Strategic Financial Concepts LLC Makes New Investment in Cheniere Energy, Inc. (NYSE:LNG)

Strategic Financial Concepts LLC purchased a new position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,364 shares of the energy company's stock, valued at approximately $3,516,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LNG. The Manufacturers Life Insurance Company lifted its position in Cheniere Energy by 3.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 5,438,428 shares of the energy company's stock valued at $978,047,000 after acquiring an additional 167,575 shares in the last quarter. Wellington Management Group LLP lifted its position in Cheniere Energy by 195.1% in the 3rd quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company's stock valued at $755,410,000 after acquiring an additional 2,776,920 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Cheniere Energy by 91.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company's stock valued at $673,927,000 after acquiring an additional 1,789,919 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Cheniere Energy by 11.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,793,989 shares of the energy company's stock valued at $322,631,000 after acquiring an additional 178,318 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its position in Cheniere Energy by 61.2% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,664,439 shares of the energy company's stock valued at $357,638,000 after acquiring an additional 631,787 shares in the last quarter. 87.26% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on LNG shares. Wells Fargo & Company boosted their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an "overweight" rating in a research report on Wednesday, December 18th. Stifel Nicolaus boosted their price objective on shares of Cheniere Energy from $204.00 to $237.00 and gave the company a "buy" rating in a research report on Wednesday, December 4th. The Goldman Sachs Group boosted their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a "buy" rating in a research report on Thursday, December 19th. Scotiabank boosted their price objective on shares of Cheniere Energy from $242.00 to $247.00 and gave the company a "sector outperform" rating in a research report on Tuesday, January 21st. Finally, Barclays boosted their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $234.25.

Cheniere Energy Stock Performance

Shares of Cheniere Energy stock traded up $7.99 during trading on Thursday, hitting $226.80. 3,633,140 shares of the stock were exchanged, compared to its average volume of 2,422,458. The stock has a market capitalization of $50.89 billion, a price-to-earnings ratio of 14.48 and a beta of 0.98. The company has a fifty day moving average price of $222.68 and a 200-day moving average price of $203.10. Cheniere Energy, Inc. has a 1-year low of $152.31 and a 1-year high of $257.65. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. As a group, equities analysts predict that Cheniere Energy, Inc. will post 12.77 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid a $0.50 dividend. The ex-dividend date is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.88%. Cheniere Energy's dividend payout ratio (DPR) is currently 12.77%.

About Cheniere Energy

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.