KCM Investment Advisors LLC Takes $213,000 Position in Cheniere Energy, Inc. (NYSE:LNG)

KCM Investment Advisors LLC purchased a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 993 shares of the energy company’s stock, valued at approximately $213,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB raised its position in Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after acquiring an additional 75 shares during the last quarter. WR Wealth Planners LLC raised its position in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after purchasing an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in Cheniere Energy in the 4th quarter valued at approximately $29,000. Nemes Rush Group LLC lifted its stake in Cheniere Energy by 2,022.2% in the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company’s stock valued at $41,000 after buying an additional 182 shares in the last quarter. Finally, Adirondack Trust Co. acquired a new stake in Cheniere Energy during the 4th quarter valued at $43,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Stifel Nicolaus upped their price objective on Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Mizuho upped their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an “outperform” rating in a report on Tuesday, March 18th. Scotiabank reiterated an “outperform” rating on shares of Cheniere Energy in a report on Thursday, March 6th. Barclays upped their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Finally, StockNews.com raised shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $239.79.

Cheniere Energy Stock Performance

Shares of NYSE:LNG opened at $196.84 on Monday. The business has a 50-day moving average of $221.78 and a two-hundred day moving average of $212.44. The firm has a market capitalization of $44.03 billion, a PE ratio of 13.83 and a beta of 0.67. 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, Inc. has a 12 month low of $152.88 and a 12 month high of $257.65.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.74 by $1.59. The firm had revenue of $4.44 billion during 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, research analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The firm also recently announced 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 dividend yield of 1.02%. Cheniere Energy’s payout ratio is 14.05%.

Insider Buying and Selling

In other news, Director G Andrea Botta sold 9,000 shares of the company’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 sale, the director now owns 33,934 shares of the company’s stock, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.29% of the stock is owned by corporate 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.