Townsquare Capital LLC Acquires 1,139 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Townsquare Capital LLC raised its holdings in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 29.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,944 shares of the energy company's stock after buying an additional 1,139 shares during the period. Townsquare Capital LLC's holdings in Cheniere Energy were worth $1,062,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB lifted its holdings in Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after purchasing an additional 75 shares during the last quarter. WR Wealth Planners LLC lifted its stake in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after buying an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cheniere Energy during the 4th quarter worth about $29,000. Nemes Rush Group LLC grew its stake in Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company's stock valued at $41,000 after buying an additional 182 shares during the last quarter. Finally, Adirondack Trust Co. bought a new position in Cheniere Energy in the 4th quarter valued at about $43,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Cheniere Energy 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 value of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.29% of the company's stock.

Cheniere Energy Trading Down 0.9 %

Cheniere Energy stock traded down $2.01 during mid-day trading on Wednesday, hitting $227.79. 868,715 shares of the stock were exchanged, compared to its average volume of 1,879,346. The stock has a market capitalization of $50.75 billion, a price-to-earnings ratio of 16.01 and a beta of 0.67. Cheniere Energy, Inc. has a 12 month low of $153.03 and a 12 month high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The firm's fifty day simple moving average is $220.91 and its two-hundred day simple moving average is $215.66.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The business had revenue of $4.44 billion for the quarter, compared to analysts' expectations of $4.44 billion. Analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current 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 paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy's dividend payout ratio (DPR) is presently 14.05%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LNG. Barclays lifted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. Scotiabank reissued an "outperform" rating on shares of Cheniere Energy in a report on Thursday, March 6th. StockNews.com raised shares of Cheniere Energy from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Argus assumed coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price target for the company. Finally, Stifel Nicolaus lowered their price objective on shares of Cheniere Energy from $255.00 to $247.00 and set a "buy" rating for the company in a research report on Tuesday. Fifteen research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $245.15.

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.