Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by Tidal Investments LLC

Tidal Investments LLC lifted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,082 shares of the energy company’s stock after buying an additional 178 shares during the quarter. Tidal Investments LLC’s holdings in Cheniere Energy were worth $3,241,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of LNG. MassMutual Private Wealth & Trust FSB lifted its position in shares of Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after purchasing an additional 75 shares during the last quarter. WR Wealth Planners LLC lifted its position in shares of Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after purchasing an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Cheniere Energy during the 4th quarter worth $29,000. Banque Transatlantique SA acquired a new stake in shares of Cheniere Energy during the 4th quarter worth about $32,000. Finally, Nemes Rush Group LLC raised its position in shares of Cheniere Energy by 2,022.2% during the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company’s stock worth $41,000 after acquiring an additional 182 shares in the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on LNG shares. Scotiabank cut their target price on Cheniere Energy from $243.00 to $242.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, April 29th. UBS Group reiterated a “buy” rating and set a $277.00 price target on shares of Cheniere Energy in a research note on Tuesday, March 18th. Wolfe Research lowered shares of Cheniere Energy from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, April 30th. StockNews.com lowered shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Friday, May 9th. Finally, Stifel Nicolaus cut their price target on shares of Cheniere Energy from $255.00 to $247.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $252.23.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the sale, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. The trade was a 20.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.26% of the stock is owned by insiders.

Cheniere Energy Trading Down 1.5%

Shares of Cheniere Energy stock opened at $229.34 on Thursday. Cheniere Energy, Inc. has a 1 year low of $153.03 and a 1 year high of $257.65. The company’s fifty day moving average is $227.57 and its two-hundred day moving average is $222.40. 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 capitalization of $50.87 billion, a P/E ratio of 16.12 and a beta of 0.41.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 EPS for the quarter, missing analysts’ consensus estimates of $2.81 by ($1.24). The firm had revenue of $5.44 billion for the quarter, compared to analysts’ expectations of $4.73 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm’s quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.13 EPS. Analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, May 9th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a yield of 0.87%. Cheniere Energy’s payout ratio is currently 14.63%.

Cheniere Energy Company 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.