Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by American Money Management LLC

American Money Management LLC increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,987 shares of the energy company’s stock after purchasing an additional 55 shares during the quarter. American Money Management LLC’s holdings in Cheniere Energy were worth $2,361,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Geneos Wealth Management Inc. boosted its stake in shares of Cheniere Energy by 10.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company’s stock valued at $99,000 after buying an additional 43 shares during the period. Flagship Harbor Advisors LLC lifted its stake in Cheniere Energy by 2.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company’s stock worth $503,000 after acquiring an additional 46 shares during the last quarter. Larson Financial Group LLC lifted its stake in Cheniere Energy by 1.7% in the fourth quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company’s stock worth $719,000 after acquiring an additional 55 shares during the last quarter. Parallel Advisors LLC increased its position in shares of 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 purchasing an additional 59 shares during the last quarter. Finally, Hourglass Capital LLC raised its holdings in shares of 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 purchasing an additional 60 shares in the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on LNG shares. Stifel Nicolaus boosted their target price on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Wells Fargo & Company upped their price objective on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Barclays raised their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. TD Cowen upped their price target on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a report on Monday, January 27th. Finally, Mizuho boosted their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 18th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $239.79.

Cheniere Energy Trading Down 0.3 %

Shares of LNG stock opened at $226.16 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 current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The business’s 50 day moving average is $223.55 and its two-hundred day moving average is $210.70. The company has a market capitalization of $50.58 billion, a P/E ratio of 15.89 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Equities analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The company also recently declared 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 annualized dividend and a yield of 0.88%. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Insider Activity at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of the 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 directly owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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.