1,352 Shares in Cheniere Energy, Inc. (NYSE:LNG) Purchased by Transce3nd LLC

Transce3nd LLC acquired a new position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,352 shares of the energy company's stock, valued at approximately $291,000.

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

Cheniere Energy Stock Up 0.4 %

Shares of NYSE LNG traded up $0.96 during mid-day trading on Friday, reaching $233.23. 1,169,591 shares of the company were exchanged, compared to its average volume of 1,878,829. The stock has a market cap of $51.97 billion, a price-to-earnings ratio of 16.39 and a beta of 0.67. The firm has a 50-day moving average of $221.59 and a 200 day moving average of $216.03. Cheniere Energy, Inc. has a 1 year low of $153.03 and a 1 year 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.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its 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 company had revenue of $4.44 billion during the quarter, compared to analysts' expectations of $4.44 billion. On average, research analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.86%. Cheniere Energy's payout ratio is 14.05%.

Insider Activity at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred 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 transaction, the director now owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.29% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on LNG. Mizuho boosted their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. StockNews.com upgraded Cheniere Energy from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Stifel Nicolaus cut their price objective on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research report on Tuesday. Barclays lifted their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Finally, Morgan Stanley upped 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. Fifteen investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target 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.