Orion Portfolio Solutions LLC Boosts Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Orion Portfolio Solutions LLC raised its position in Cheniere Energy, Inc. (NYSE:LNG) by 5.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 14,786 shares of the energy company’s stock after buying an additional 724 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Cheniere Energy were worth $3,177,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. New Age Alpha Advisors LLC purchased a new position in shares of Cheniere Energy during the 4th quarter worth approximately $48,000. Norges Bank purchased a new position in Cheniere Energy in the fourth quarter worth $629,197,000. Blair William & Co. IL lifted its holdings in Cheniere Energy by 1.3% in the fourth quarter. Blair William & Co. IL now owns 49,426 shares of the energy company’s stock valued at $10,620,000 after acquiring an additional 613 shares during the period. UniSuper Management Pty Ltd boosted its position in shares of Cheniere Energy by 22.5% during the 4th quarter. UniSuper Management Pty Ltd now owns 243,140 shares of the energy company’s stock worth $52,243,000 after purchasing an additional 44,674 shares in the last quarter. Finally, Sava Infond d.o.o. acquired a new position in shares of Cheniere Energy during the 4th quarter worth $301,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. The Goldman Sachs Group raised their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Stifel Nicolaus boosted their price target on Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Morgan Stanley raised their price objective on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Argus started coverage on Cheniere Energy in a research report on Tuesday, March 18th. They set a “buy” rating and a $255.00 target price on the stock. Finally, UBS Group restated a “buy” rating and issued a $277.00 price target on shares of Cheniere Energy in a research report on Tuesday, March 18th. One equities research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $239.79.

Insider Activity

In related news, Director G Andrea Botta sold 9,000 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares in the company, 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 the SEC website. Corporate insiders own 0.29% of the company’s stock.

Cheniere Energy Stock Performance

Shares of LNG opened at $231.41 on Tuesday. Cheniere Energy, Inc. has a 1 year low of $152.88 and a 1 year high of $257.65. The company’s 50 day simple moving average is $223.12 and its 200 day simple moving average is $211.32. The company has a market capitalization of $51.76 billion, a price-to-earnings ratio of 16.26 and a beta of 0.94. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07.

Cheniere Energy (NYSE:LNG) last issued 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 company had revenue of $4.44 billion for the quarter, compared to analyst estimates 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 year.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is 14.05%.

Cheniere Energy 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.