Duality Advisers LP Invests $1.70 Million in Cheniere Energy, Inc. (NYSE:LNG)

Duality Advisers LP bought a new stake in Cheniere Energy, Inc. (NYSE:LNG) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,973 shares of the energy company’s stock, valued at approximately $1,702,000.

A number of other institutional investors and hedge funds have also made changes to their positions in LNG. Dynamic Advisor Solutions LLC acquired a new stake in shares of Cheniere Energy in the 3rd quarter valued at approximately $257,000. CWM LLC lifted its holdings in Cheniere Energy by 13.4% in the third quarter. CWM LLC now owns 3,649 shares of the energy company’s stock valued at $606,000 after acquiring an additional 432 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Cheniere Energy by 48.1% in the third quarter. Geneos Wealth Management Inc. now owns 274 shares of the energy company’s stock valued at $45,000 after acquiring an additional 89 shares during the period. HB Wealth Management LLC boosted its position in shares of Cheniere Energy by 76.2% during the 3rd quarter. HB Wealth Management LLC now owns 2,968 shares of the energy company’s stock worth $493,000 after purchasing an additional 1,284 shares in the last quarter. Finally, Park Place Capital Corp grew its stake in shares of Cheniere Energy by 47.9% during the 3rd quarter. Park Place Capital Corp now owns 4,098 shares of the energy company’s stock worth $680,000 after purchasing an additional 1,327 shares during the period. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Stock Performance

LNG stock opened at $160.56 on Tuesday. The company has a 50 day moving average of $158.04. The stock has a market cap of $37.03 billion, a price-to-earnings ratio of 3.96 and a beta of 0.94. The company has a current ratio of 1.63, a quick ratio of 1.51 and a debt-to-equity ratio of 2.59. Cheniere Energy, Inc. has a 1 year low of $135.30 and a 1 year high of $183.46.

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

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Tuesday, February 6th were paid a dividend of $0.435 per share. The ex-dividend date was Monday, February 5th. This represents a $1.74 annualized dividend and a dividend yield of 1.08%. Cheniere Energy’s dividend payout ratio is currently 4.30%.

Wall Street Analysts Forecast Growth

LNG has been the subject of several recent analyst reports. StockNews.com cut shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. TD Cowen decreased their price target 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. Redburn Atlantic initiated coverage on Cheniere Energy in a research note on Tuesday, April 16th. They issued a “neutral” rating and a $162.00 price objective for the company. Finally, Barclays lifted their price objective on Cheniere Energy from $192.00 to $194.00 and gave the stock an “overweight” rating in a report on Wednesday, January 17th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $192.56.

About Cheniere Energy

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.