Fidelis Capital Partners LLC Has $2.07 Million Stock Holdings in Cheniere Energy, Inc. $LNG

Fidelis Capital Partners LLC boosted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 61.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 8,780 shares of the energy company’s stock after purchasing an additional 3,333 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Cheniere Energy were worth $2,071,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in LNG. Pinnacle Bancorp Inc. boosted its position in shares of Cheniere Energy by 134.1% in the second quarter. Pinnacle Bancorp Inc. now owns 103 shares of the energy company’s stock valued at $25,000 after acquiring an additional 59 shares during the period. Westside Investment Management Inc. raised its stake in Cheniere Energy by 473.7% during the 2nd quarter. Westside Investment Management Inc. now owns 109 shares of the energy company’s stock valued at $26,000 after purchasing an additional 90 shares during the last quarter. Hilltop National Bank bought a new stake in Cheniere Energy in the 2nd quarter valued at $28,000. Richardson Financial Services Inc. acquired a new stake in Cheniere Energy in the 2nd quarter worth $30,000. Finally, WPG Advisers LLC bought a new position in shares of Cheniere Energy during the 1st quarter worth about $38,000. 87.26% of the stock is owned by institutional investors.

Insider Activity

In other news, Director W Benjamin Moreland bought 5,000 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was bought at an average price of $208.22 per share, for a total transaction of $1,041,100.00. Following the completion of the purchase, the director owned 9,856 shares of the company’s stock, valued at approximately $2,052,216.32. The trade was a 102.97% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.26% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on LNG. Wells Fargo & Company lifted their target price on Cheniere Energy from $267.00 to $284.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 12th. The Goldman Sachs Group reissued a “buy” rating and set a $275.00 price objective on shares of Cheniere Energy in a report on Monday, November 3rd. Scotiabank restated an “outperform” rating on shares of Cheniere Energy in a research note on Tuesday, July 15th. Cowen reaffirmed a “buy” rating on shares of Cheniere Energy in a research report on Friday, August 8th. Finally, Jefferies Financial Group set a $290.00 price target on shares of Cheniere Energy in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Cheniere Energy has a consensus rating of “Moderate Buy” and an average target price of $268.73.

Cheniere Energy Stock Down 0.1%

Shares of NYSE LNG opened at $207.83 on Monday. The stock has a market cap of $44.73 billion, a PE ratio of 12.13, a PEG ratio of 6.08 and a beta of 0.36. The business has a fifty day moving average of $227.67 and a two-hundred day moving average of $232.48. Cheniere Energy, Inc. has a 52-week low of $188.70 and a 52-week high of $257.65. 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 (NYSE:LNG) last posted its earnings results on Wednesday, October 29th. The energy company reported $4.75 earnings per share for the quarter, topping the consensus estimate of $2.75 by $2.00. The business had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.87 billion. Cheniere Energy had a net margin of 21.05% and a return on equity of 37.83%. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.93 EPS. As a group, equities research analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 18th. Stockholders of record on Friday, November 7th will be issued a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, November 7th. This is a positive change from Cheniere Energy’s previous quarterly dividend of $0.50. This represents a $2.22 annualized dividend and a dividend yield of 1.1%. Cheniere Energy’s dividend payout ratio (DPR) 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.