Sapient Capital LLC Acquires 722 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Sapient Capital LLC grew its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 9.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,236 shares of the energy company’s stock after purchasing an additional 722 shares during the period. Sapient Capital LLC’s holdings in Cheniere Energy were worth $1,770,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Geneos Wealth Management Inc. increased its stake in shares of Cheniere Energy by 10.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company’s stock valued at $99,000 after purchasing an additional 43 shares during the last quarter. Flagship Harbor Advisors LLC grew its position in Cheniere Energy by 2.0% during the 4th quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company’s stock worth $503,000 after acquiring an additional 46 shares during the last quarter. Chemistry Wealth Management LLC grew its position in Cheniere Energy by 5.2% during the 4th quarter. Chemistry Wealth Management LLC now owns 1,241 shares of the energy company’s stock worth $267,000 after acquiring an additional 61 shares during the last quarter. Premier Path Wealth Partners LLC grew its position in Cheniere Energy by 5.4% during the 4th quarter. Premier Path Wealth Partners LLC now owns 1,191 shares of the energy company’s stock worth $256,000 after acquiring an additional 61 shares during the last quarter. Finally, MAI Capital Management grew its position in Cheniere Energy by 1.5% during the 3rd quarter. MAI Capital Management now owns 4,204 shares of the energy company’s stock worth $756,000 after acquiring an additional 62 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Wall Street Analyst Weigh In

LNG has been the topic of a number of research reports. Stifel Nicolaus boosted their price objective on Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. Royal Bank of Canada boosted their price objective on Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Scotiabank boosted their price objective on Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. Wells Fargo & Company upped their price target on Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Finally, UBS Group upped their price target on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Cheniere Energy currently has a consensus rating of “Moderate Buy” and an average price target of $234.25.

Cheniere Energy Stock Down 1.2 %

Shares of NYSE:LNG opened at $218.83 on Wednesday. The company has a market capitalization of $49.10 billion, a price-to-earnings ratio of 13.97 and a beta of 0.98. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The business’s 50-day moving average is $223.46 and its 200-day moving average is $201.55. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $257.65.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Friday, February 7th. Cheniere Energy’s dividend payout ratio is 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.