Cheniere Energy, Inc. (NYSE:LNG) Stock Holdings Lifted by Signature Wealth Management Group

Signature Wealth Management Group increased its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 2.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 5,127 shares of the energy company’s stock after buying an additional 123 shares during the period. Signature Wealth Management Group’s holdings in Cheniere Energy were worth $1,186,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. WR Wealth Planners LLC boosted its stake 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 period. REAP Financial Group LLC raised its position in shares of Cheniere Energy by 150.0% during the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company’s stock worth $27,000 after purchasing an additional 75 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cheniere Energy in the 4th quarter worth approximately $29,000. Banque Transatlantique SA acquired a new position in Cheniere Energy during the 4th quarter valued at approximately $32,000. Finally, Nemes Rush Group LLC boosted its position in Cheniere Energy by 2,022.2% during the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company’s stock valued at $41,000 after purchasing an additional 182 shares during the period. Institutional investors own 87.26% of the company’s stock.

Insider Buying and Selling

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of the company’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $245.93, for a total value of $1,057,499.00. Following the completion of the sale, the director now directly owns 29,733 shares of the company’s stock, valued at approximately $7,312,236.69. This represents a 12.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.26% of the stock is owned by corporate insiders.

Analyst Ratings Changes

LNG has been the topic of several analyst reports. Mizuho increased their target price on Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 18th. Argus began coverage on shares of Cheniere Energy in a report on Tuesday, March 18th. They issued a “buy” rating and a $255.00 price objective on the stock. Raymond James reiterated a “strong-buy” rating on shares of Cheniere Energy in a research report on Wednesday, April 23rd. TD Cowen boosted their target price on shares of Cheniere Energy from $250.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, May 9th. Finally, Wolfe Research cut shares of Cheniere Energy from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, April 30th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $252.23.

Cheniere Energy Trading Up 1.3%

Cheniere Energy stock opened at $237.99 on Monday. Cheniere Energy, Inc. has a 12-month low of $154.82 and a 12-month high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The stock has a market capitalization of $52.78 billion, a PE ratio of 16.72 and a beta of 0.43. The firm has a 50 day simple moving average of $231.58 and a 200-day simple moving average of $225.28.

Cheniere Energy (NYSE:LNG) last released its earnings results on Thursday, May 8th. The energy company reported $1.57 earnings per share for the quarter, missing analysts’ consensus estimates of $2.81 by ($1.24). Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. During the same quarter last year, the company earned $2.13 earnings per share. The business’s revenue for the quarter was up 28.0% on a year-over-year basis. As a group, equities research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Friday, May 9th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, May 9th. This represents a $2.00 annualized dividend and a yield of 0.84%. Cheniere Energy’s dividend payout ratio is currently 14.63%.

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.