15,516 Shares in Cheniere Energy, Inc. (NYSE:LNG) Acquired by L & S Advisors Inc

L & S Advisors Inc purchased a new stake in Cheniere Energy, Inc. (NYSE:LNG) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 15,516 shares of the energy company’s stock, valued at approximately $3,334,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its stake in Cheniere Energy by 10.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company’s stock worth $99,000 after purchasing an additional 43 shares during the period. Flagship Harbor Advisors LLC boosted its position in shares of Cheniere Energy by 2.0% during the fourth quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company’s stock worth $503,000 after buying an additional 46 shares during the period. Larson Financial Group LLC grew its holdings in shares of Cheniere Energy by 1.7% during the fourth quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company’s stock worth $719,000 after buying an additional 55 shares in the last quarter. Parallel Advisors LLC raised its position in Cheniere Energy by 0.8% in the 4th quarter. Parallel Advisors LLC now owns 7,043 shares of the energy company’s stock valued at $1,513,000 after buying an additional 59 shares during the last quarter. Finally, Hourglass Capital LLC lifted its stake in Cheniere Energy by 0.6% in the 4th quarter. Hourglass Capital LLC now owns 10,950 shares of the energy company’s stock valued at $2,353,000 after acquiring an additional 60 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Insider Buying and Selling at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value 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. 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 is available through this link. Insiders own 0.29% of the company’s stock.

Cheniere Energy Stock Performance

Shares of NYSE LNG opened at $226.16 on Friday. 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 firm has a market cap of $50.58 billion, a price-to-earnings ratio of 15.89 and a beta of 0.94. The stock’s fifty day moving average price is $223.55 and its two-hundred day moving average price is $210.70. Cheniere Energy, Inc. has a one year low of $152.88 and a one year high of $257.65.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating the consensus estimate of $2.74 by $1.59. The business 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%. On average, equities analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid 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 yield of 0.88%. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

Analyst Upgrades and Downgrades

LNG has been the subject of several research reports. UBS Group reaffirmed a “buy” rating and set a $277.00 price target on shares of Cheniere Energy in a research note on Tuesday, March 18th. TD Cowen lifted their target price on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Mizuho increased their price target on Cheniere Energy from $248.00 to $254.00 and gave the company an “outperform” rating in a research report on Tuesday, March 18th. StockNews.com raised Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Finally, Morgan Stanley upped their price objective on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $239.79.

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.