Moody Lynn & Lieberson LLC Grows Position in Cheniere Energy, Inc. (NYSE:LNG)

Moody Lynn & Lieberson LLC raised its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 9.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,418 shares of the energy company’s stock after acquiring an additional 200 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Cheniere Energy were worth $435,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Daiwa Securities Group Inc. lifted its position in shares of Cheniere Energy by 27.1% during the first quarter. Daiwa Securities Group Inc. now owns 29,235 shares of the energy company’s stock valued at $4,715,000 after purchasing an additional 6,235 shares in the last quarter. Sei Investments Co. lifted its position in shares of Cheniere Energy by 6.7% during the 1st quarter. Sei Investments Co. now owns 187,236 shares of the energy company’s stock worth $30,198,000 after buying an additional 11,800 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Cheniere Energy by 103.3% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 31,577 shares of the energy company’s stock worth $5,093,000 after buying an additional 16,044 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Cheniere Energy by 215.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 62,551 shares of the energy company’s stock worth $10,936,000 after buying an additional 42,737 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC bought a new position in shares of Cheniere Energy in the first quarter valued at approximately $818,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Price Performance

NYSE LNG opened at $186.42 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.02 and a debt-to-equity ratio of 2.63. The company has a market cap of $42.67 billion, a PE ratio of 9.08 and a beta of 0.94. Cheniere Energy, Inc. has a 52 week low of $152.31 and a 52 week high of $193.16. The firm’s 50-day simple moving average is $183.05 and its two-hundred day simple moving average is $171.95.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, August 8th. The energy company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. Cheniere Energy had a net margin of 27.05% and a return on equity of 39.42%. The company had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Research analysts predict that Cheniere Energy, Inc. will post 9.76 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently commented on LNG. Barclays lifted their price target on Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. Stifel Nicolaus lowered their target price on Cheniere Energy from $208.00 to $204.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Bank of America started coverage on shares of Cheniere Energy in a research report on Thursday, October 17th. They set a “buy” rating and a $215.00 price target for the company. Finally, Royal Bank of Canada lifted their price objective on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $200.00.

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.