Fourpath Capital Management LLC Has $5.45 Million Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Fourpath Capital Management LLC grew its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 9.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,382 shares of the energy company’s stock after purchasing an additional 2,212 shares during the quarter. Fourpath Capital Management LLC’s holdings in Cheniere Energy were worth $5,454,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in LNG. MassMutual Private Wealth & Trust FSB increased 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 worth $26,000 after buying an additional 75 shares during the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Cheniere Energy during the 3rd quarter worth about $27,000. Capital Performance Advisors LLP bought a new stake in shares of Cheniere Energy in the 3rd quarter valued at about $28,000. Adirondack Trust Co. acquired a new stake in Cheniere Energy in the 4th quarter valued at about $43,000. Finally, City Holding Co. acquired a new stake in Cheniere Energy in the 4th quarter valued at about $50,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Up 2.7 %

Shares of LNG opened at $229.77 on Tuesday. 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, Inc. has a 12 month low of $152.31 and a 12 month high of $257.65. The firm’s 50 day moving average is $223.15 and its 200-day moving average is $199.63. The stock has a market capitalization of $51.55 billion, a PE ratio of 14.67 and a beta of 0.98.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be issued a $0.50 dividend. The ex-dividend date is Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.87%. Cheniere Energy’s dividend payout ratio is presently 12.77%.

Analysts Set New Price Targets

Several analysts have issued reports on LNG shares. Barclays upped their price objective on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Bank of America initiated 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. UBS Group lifted their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Wells Fargo & Company increased 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. Finally, The Goldman Sachs Group lifted their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $234.25.

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.