Asset Management One Co. Ltd. Purchases 7,398 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Asset Management One Co. Ltd. lifted its position in Cheniere Energy, Inc. (NYSE:LNG) by 9.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,068 shares of the energy company’s stock after acquiring an additional 7,398 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Cheniere Energy were worth $18,537,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Miracle Mile Advisors LLC purchased a new position in Cheniere Energy during the 4th quarter valued at about $2,127,000. Fractal Investments LLC boosted its stake in shares of Cheniere Energy by 31.0% during the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company’s stock valued at $12,720,000 after purchasing an additional 14,000 shares in the last quarter. Anderson Hoagland & Co. purchased a new position in Cheniere Energy during the fourth quarter valued at approximately $2,460,000. Insight Wealth Strategies LLC bought a new position in Cheniere Energy in the fourth quarter worth approximately $4,455,000. Finally, Kathmere Capital Management LLC purchased a new stake in Cheniere Energy during the fourth quarter worth $245,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Stock Up 1.6 %

Cheniere Energy stock opened at $213.37 on Friday. The business’s 50-day simple moving average is $222.58 and its two-hundred day simple moving average is $202.20. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The company has a market cap of $47.87 billion, a PE ratio of 13.62 and a beta of 0.98. Cheniere Energy, Inc. has a fifty-two week low of $152.31 and a fifty-two week high of $257.65.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Friday, February 7th. Cheniere Energy’s dividend payout ratio is presently 12.77%.

Wall Street Analyst Weigh In

LNG has been the topic of a number of analyst reports. The Goldman Sachs Group lifted their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Scotiabank boosted their target price on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a report on Tuesday, January 21st. Wells Fargo & Company raised their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. TD Cowen boosted their price objective on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Finally, Barclays increased their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $234.25.

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.