Fidelis Capital Partners LLC Purchases 953 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Fidelis Capital Partners LLC boosted its stake in Cheniere Energy, Inc. (NYSE:LNG) by 21.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,490 shares of the energy company’s stock after buying an additional 953 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Cheniere Energy were worth $937,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Capital World Investors acquired a new position in Cheniere Energy in the first quarter worth $391,652,000. Norges Bank acquired a new position in Cheniere Energy in the fourth quarter worth $261,515,000. State Street Corp boosted its stake in Cheniere Energy by 13.6% in the first quarter. State Street Corp now owns 6,934,156 shares of the energy company’s stock worth $961,421,000 after purchasing an additional 830,898 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in Cheniere Energy by 73.0% in the third quarter. Canada Pension Plan Investment Board now owns 1,496,100 shares of the energy company’s stock worth $248,293,000 after purchasing an additional 631,100 shares in the last quarter. Finally, Morgan Stanley boosted its stake in Cheniere Energy by 19.4% in the fourth quarter. Morgan Stanley now owns 3,542,925 shares of the energy company’s stock worth $531,297,000 after purchasing an additional 576,067 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Up 1.0 %

Shares of LNG stock traded up $1.58 during trading on Friday, reaching $162.01. 240,567 shares of the company’s stock were exchanged, compared to its average volume of 1,875,808. The business has a fifty day moving average price of $158.13. Cheniere Energy, Inc. has a twelve month low of $135.30 and a twelve month high of $183.46. The stock has a market capitalization of $37.37 billion, a PE ratio of 3.99 and a beta of 0.94. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.63 and a quick ratio of 1.51.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings data on Thursday, February 22nd. The energy company reported $5.76 EPS for the quarter, beating the consensus estimate of $2.70 by $3.06. The firm had revenue of $4.82 billion for the quarter, compared to the consensus estimate of $4.37 billion. Cheniere Energy had a net margin of 48.45% and a return on equity of 69.52%. The company’s quarterly revenue was down 46.9% on a year-over-year basis. During the same period in the previous year, the company earned $15.78 earnings per share. As a group, analysts anticipate that Cheniere Energy, Inc. will post 8.39 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Tuesday, February 6th were issued a $0.435 dividend. The ex-dividend date was Monday, February 5th. This represents a $1.74 annualized dividend and a yield of 1.07%. Cheniere Energy’s dividend payout ratio is currently 4.30%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on LNG shares. TD Cowen reduced their price objective on Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 27th. Barclays upped their price target on Cheniere Energy from $192.00 to $194.00 and gave the company an “overweight” rating in a research note on Wednesday, January 17th. Redburn Atlantic started coverage on Cheniere Energy in a research note on Tuesday. They set a “neutral” rating and a $162.00 price target on the stock. Finally, StockNews.com lowered Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $193.30.

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.