Sava Infond d.o.o. Makes New Investment in Cheniere Energy, Inc. (NYSE:LNG)

Sava Infond d.o.o. bought a new position in Cheniere Energy, Inc. (NYSE:LNG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,400 shares of the energy company’s stock, valued at approximately $301,000.

Several other institutional investors have also made changes to their positions in LNG. MassMutual Private Wealth & Trust FSB lifted its position in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after acquiring an additional 75 shares in the last quarter. WR Wealth Planners LLC grew its stake in Cheniere Energy by 373.1% in the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock valued at $26,000 after purchasing an additional 97 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cheniere Energy in the 4th quarter valued at approximately $29,000. Adirondack Trust Co. acquired a new position in shares of Cheniere Energy during the 4th quarter worth $43,000. Finally, SBI Securities Co. Ltd. acquired a new position in Cheniere Energy during the fourth quarter worth $46,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Price Performance

Shares of LNG stock opened at $226.76 on Friday. The company has a market capitalization of $50.72 billion, a P/E ratio of 15.94 and a beta of 0.94. 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 $152.88 and a 12 month high of $257.65. The stock has a 50 day moving average of $224.08 and a two-hundred day moving average of $210.14.

Cheniere Energy (NYSE:LNG) last posted its quarterly 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. The firm had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. As a group, equities analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.88%. Cheniere Energy’s payout ratio is currently 14.05%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Argus assumed coverage on Cheniere Energy in a research note on Tuesday, March 18th. They issued a “buy” rating and a $255.00 price objective on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Cheniere Energy in a report on Thursday, March 6th. Morgan Stanley lifted their target price 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. UBS Group restated a “buy” rating and set a $277.00 price target on shares of Cheniere Energy in a report on Tuesday, March 18th. Finally, Mizuho lifted their price objective on Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. One analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $239.79.

Insider Buying and Selling

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy 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 sale, the director now directly owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.29% of the company’s stock.

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.