Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Syon Capital LLC

Syon Capital LLC grew its stake in Cheniere Energy, Inc. (NYSE:LNG) by 4.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,618 shares of the energy company’s stock after purchasing an additional 73 shares during the quarter. Syon Capital LLC’s holdings in Cheniere Energy were worth $276,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. HHM Wealth Advisors LLC acquired a new stake in shares of Cheniere Energy in the 3rd quarter valued at about $25,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Cheniere Energy by 203.4% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 176 shares of the energy company’s stock valued at $29,000 after purchasing an additional 118 shares in the last quarter. OFI Invest Asset Management acquired a new stake in shares of Cheniere Energy in the 3rd quarter valued at about $40,000. Farmers & Merchants Investments Inc. raised its stake in shares of Cheniere Energy by 21.1% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 345 shares of the energy company’s stock valued at $57,000 after purchasing an additional 60 shares in the last quarter. Finally, Avior Wealth Management LLC raised its stake in shares of Cheniere Energy by 133.3% in the 3rd quarter. Avior Wealth Management LLC now owns 350 shares of the energy company’s stock valued at $58,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Wall Street Analysts Forecast Growth

LNG has been the topic of a number of recent analyst reports. TD Cowen cut their target price on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 27th. StockNews.com lowered shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. Redburn Atlantic initiated coverage on Cheniere Energy in a report on Tuesday, April 16th. They set a “neutral” rating and a $162.00 target price for the company. Barclays increased their price target on Cheniere Energy from $192.00 to $194.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 17th. Finally, UBS Group reduced their price objective on Cheniere Energy from $223.00 to $206.00 and set a “buy” rating for the company in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $193.90.

Cheniere Energy Trading Down 0.1 %

Shares of NYSE LNG opened at $159.14 on Friday. Cheniere Energy, Inc. has a 12-month low of $135.30 and a 12-month high of $183.46. The firm has a market capitalization of $36.71 billion, a P/E ratio of 3.93 and a beta of 0.94. The business’s 50 day simple moving average is $157.96. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.51 and a current ratio of 1.63.

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

Cheniere Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Friday, May 10th will be issued a $0.435 dividend. This represents a $1.74 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Thursday, May 9th. Cheniere Energy’s payout ratio is currently 4.30%.

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.