Dana Investment Advisors Inc. Has $4.02 Million Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Dana Investment Advisors Inc. increased its position in Cheniere Energy, Inc. (NYSE:LNG) by 7.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,685 shares of the energy company’s stock after purchasing an additional 1,221 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Cheniere Energy were worth $4,015,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. M&T Bank Corp grew its position in shares of Cheniere Energy by 6.3% during the 4th quarter. M&T Bank Corp now owns 19,838 shares of the energy company’s stock worth $4,262,000 after buying an additional 1,170 shares during the period. Atria Investments Inc boosted its stake in Cheniere Energy by 15.1% in the fourth quarter. Atria Investments Inc now owns 17,816 shares of the energy company’s stock valued at $3,828,000 after acquiring an additional 2,343 shares during the last quarter. Assetmark Inc. grew its holdings in Cheniere Energy by 1,916.7% during the 4th quarter. Assetmark Inc. now owns 242 shares of the energy company’s stock worth $52,000 after acquiring an additional 230 shares during the period. Cookson Peirce & Co. Inc. acquired a new stake in Cheniere Energy during the 4th quarter worth $13,106,000. Finally, Keybank National Association OH raised its position in shares of Cheniere Energy by 0.7% during the 4th quarter. Keybank National Association OH now owns 10,819 shares of the energy company’s stock valued at $2,325,000 after acquiring an additional 72 shares during the last quarter. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Stock Down 1.0 %

Cheniere Energy stock opened at $215.30 on Friday. Cheniere Energy, Inc. has a twelve month low of $152.88 and a twelve 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 company has a 50 day moving average of $224.95 and a 200-day moving average of $205.97. The stock has a market capitalization of $48.16 billion, a PE ratio of 15.13 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping 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 firm had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. On average, equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued 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 0.93%. Cheniere Energy’s payout ratio is presently 14.05%.

Wall Street Analyst Weigh In

LNG has been the topic of several recent research reports. Stifel Nicolaus raised their price target on Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. UBS Group raised their target price on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, November 15th. 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 note on Wednesday, December 18th. Scotiabank lifted their price objective on shares of Cheniere Energy from $247.00 to $254.00 and gave the stock a “sector outperform” rating in a research note on Thursday. Finally, TD Cowen boosted their price objective on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a report on Monday, January 27th. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, Cheniere Energy presently has a consensus rating of “Moderate Buy” and an average target price of $236.33.

Insider Activity at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director now owns 33,934 shares of the company’s stock, valued at $7,448,852.34. This represents a 20.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.29% of the stock is owned by insiders.

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.