Cheniere Energy, Inc. (NYSE:LNG) Position Increased by SRS Capital Advisors Inc.

SRS Capital Advisors Inc. increased its stake in Cheniere Energy, Inc. (NYSE:LNG) by 209.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 876 shares of the energy company’s stock after purchasing an additional 593 shares during the period. SRS Capital Advisors Inc.’s holdings in Cheniere Energy were worth $188,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in LNG. Wellington Management Group LLP raised its stake in Cheniere Energy by 195.1% during 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 raised its stake in Cheniere Energy by 91.4% during 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. Ninety One UK Ltd raised its stake in Cheniere Energy by 1,400.7% during the 4th quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company’s stock valued at $324,393,000 after acquiring an additional 1,409,116 shares in the last quarter. Two Sigma Advisers LP increased its position in shares of Cheniere Energy by 328.2% during the 3rd quarter. Two Sigma Advisers LP now owns 894,600 shares of the energy company’s stock valued at $160,885,000 after purchasing an additional 685,662 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of Cheniere Energy by 61.2% during 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 purchasing an additional 631,787 shares during the period. Institutional investors own 87.26% of the company’s stock.

Insider Transactions at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the sale, the director now owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.29% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LNG. Scotiabank lifted their price target on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research report on Tuesday, January 21st. Stifel Nicolaus lifted their target price on Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, February 21st. StockNews.com upgraded Cheniere Energy from a “hold” rating to a “buy” rating in a report on Friday, February 21st. The Goldman Sachs Group lifted their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Finally, Morgan Stanley lifted their price target on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 31st. One investment analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $235.75.

Cheniere Energy Trading Down 0.2 %

Shares of LNG opened at $220.39 on Wednesday. The stock has a 50 day simple moving average of $224.70 and a 200-day simple moving average of $205.82. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $257.65. The stock has a market cap of $49.29 billion, a PE ratio of 15.49 and a beta of 0.98. 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) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.74 by $1.59. The firm had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. On average, sell-side analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.91%. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Cheniere Energy Company 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.