1,068 Shares in Cheniere Energy, Inc. (NYSE:LNG) Bought by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI purchased a new stake in Cheniere Energy, Inc. (NYSE:LNG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,068 shares of the energy company’s stock, valued at approximately $230,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB boosted its holdings 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 buying an additional 75 shares in the last quarter. WR Wealth Planners LLC lifted its position 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 acquiring an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in Cheniere Energy in the fourth quarter valued at $29,000. Adirondack Trust Co. purchased a new position in shares of Cheniere Energy during the fourth quarter worth about $43,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Cheniere Energy during the fourth quarter worth about $46,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Stock Up 3.3 %

Cheniere Energy stock opened at $218.61 on Friday. The stock’s 50 day moving average price is $224.85 and its 200 day moving average price is $207.29. Cheniere Energy, Inc. has a 1-year low of $152.88 and a 1-year high of $257.65. The company has a market cap of $48.90 billion, a PE ratio of 15.36 and a beta of 0.94. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate 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 net margin of 20.71% and a return on equity of 37.19%. On average, sell-side analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued 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 0.91%. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Wells Fargo & Company upped their target price on Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. UBS Group increased their price objective on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a report on Friday, November 15th. The Goldman Sachs Group lifted their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Barclays increased their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Finally, StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. One analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, Cheniere Energy has a consensus rating of “Moderate Buy” and a consensus price target of $236.33.

Insider Activity

In related news, Director G Andrea Botta sold 9,000 shares of the firm’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 value of $1,975,590.00. Following the completion of the transaction, the director now directly owns 33,934 shares of the company’s stock, valued at $7,448,852.34. This trade represents a 20.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.29% of the company’s stock.

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.