Cheniere Energy, Inc. $LNG Shares Bought by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. increased its position in Cheniere Energy, Inc. (NYSE:LNG) by 12.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,885 shares of the energy company’s stock after buying an additional 321 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Cheniere Energy were worth $703,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of LNG. Titleist Asset Management LLC raised its position in Cheniere Energy by 1.5% in the second quarter. Titleist Asset Management LLC now owns 3,309 shares of the energy company’s stock worth $806,000 after acquiring an additional 50 shares in the last quarter. Cynosure Group LLC grew its stake in shares of Cheniere Energy by 11.4% in the 2nd quarter. Cynosure Group LLC now owns 1,721 shares of the energy company’s stock worth $419,000 after purchasing an additional 176 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Cheniere Energy by 2.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,082,872 shares of the energy company’s stock worth $263,701,000 after purchasing an additional 26,806 shares in the last quarter. Covalis Capital LLP bought a new stake in shares of Cheniere Energy in the 2nd quarter worth approximately $6,624,000. Finally, American Century Companies Inc. lifted its stake in Cheniere Energy by 32.6% during the second quarter. American Century Companies Inc. now owns 1,729,359 shares of the energy company’s stock valued at $421,134,000 after purchasing an additional 425,106 shares during the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cheniere Energy news, Director W Benjamin Moreland bought 5,000 shares of the stock in a transaction on Tuesday, November 4th. The shares were bought at an average price of $208.22 per share, with a total value of $1,041,100.00. Following the purchase, the director directly owned 9,856 shares in the company, valued at $2,052,216.32. The trade was a 102.97% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.26% of the company’s stock.

Analyst Upgrades and Downgrades

LNG has been the topic of several recent research reports. Jefferies Financial Group set a $290.00 price target on shares of Cheniere Energy in a research report on Thursday, October 30th. Cowen reissued a “buy” rating on shares of Cheniere Energy in a research note on Friday, August 8th. Weiss Ratings restated a “buy (b)” rating on shares of Cheniere Energy in a report on Wednesday, October 8th. Zacks Research downgraded Cheniere Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, Wells Fargo & Company increased their price target on Cheniere Energy from $267.00 to $284.00 and gave the company an “overweight” rating in a research report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $268.47.

Cheniere Energy Trading Up 0.5%

NYSE LNG opened at $205.86 on Thursday. The firm’s 50 day moving average price is $220.83 and its two-hundred day moving average price is $230.25. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.85 and a current ratio of 0.98. Cheniere Energy, Inc. has a twelve month low of $188.70 and a twelve month high of $257.65. The stock has a market cap of $44.31 billion, a price-to-earnings ratio of 12.02, a PEG ratio of 6.08 and a beta of 0.36.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Wednesday, October 29th. The energy company reported $4.75 EPS for the quarter, topping the consensus estimate of $2.75 by $2.00. Cheniere Energy had a return on equity of 37.83% and a net margin of 21.05%.The business had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.87 billion. During the same quarter last year, the firm posted $3.93 earnings per share. Cheniere Energy’s revenue was up 18.0% compared to the same quarter last year. Equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 18th. Shareholders of record on Friday, November 7th were given a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, November 7th. This is a boost from Cheniere Energy’s previous quarterly dividend of $0.50. Cheniere Energy’s dividend payout ratio is 12.37%.

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.