3,313 Shares in Cheniere Energy, Inc. $LNG Purchased by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 1st quarter, Holdings Channel reports. The firm bought 3,313 shares of the energy company’s stock, valued at approximately $765,000.

Several other hedge funds and other institutional investors have also bought and sold shares of LNG. REAP Financial Group LLC lifted its stake in Cheniere Energy by 150.0% during the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company’s stock valued at $27,000 after acquiring an additional 75 shares during the period. Banque Transatlantique SA bought a new position in Cheniere Energy during the 4th quarter valued at about $32,000. Cooksen Wealth LLC bought a new position in Cheniere Energy during the 1st quarter valued at about $38,000. Ameriflex Group Inc. bought a new position in Cheniere Energy during the 4th quarter valued at about $42,000. Finally, Tsfg LLC lifted its stake in Cheniere Energy by 676.0% during the 1st quarter. Tsfg LLC now owns 194 shares of the energy company’s stock valued at $45,000 after acquiring an additional 169 shares during the period. Institutional investors own 87.26% of the company’s stock.

Insider Buying and Selling

In other Cheniere Energy news, Director Neal A. Shear sold 4,300 shares of the firm’s stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $245.93, for a total transaction of $1,057,499.00. Following the sale, the director owned 29,733 shares in the company, valued at approximately $7,312,236.69. This trade represents a 12.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on LNG shares. Wells Fargo & Company upped their target price on shares of Cheniere Energy from $267.00 to $284.00 and gave the company an “overweight” rating in a research note on Tuesday, August 12th. Barclays restated an “overweight” rating and set a $262.00 target price (up previously from $253.00) on shares of Cheniere Energy in a research note on Tuesday, July 15th. Wall Street Zen cut shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Friday, May 9th. Raymond James Financial reiterated a “strong-buy” rating on shares of Cheniere Energy in a research note on Wednesday, April 23rd. Finally, TD Cowen increased their price objective on shares of Cheniere Energy from $265.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cheniere Energy currently has a consensus rating of “Buy” and a consensus target price of $261.93.

Cheniere Energy Price Performance

Shares of NYSE:LNG opened at $230.3490 on Wednesday. The firm’s 50 day moving average price is $234.64 and its 200-day moving average price is $228.93. Cheniere Energy, Inc. has a twelve month low of $175.14 and a twelve month high of $257.65. The company has a quick ratio of 0.85, a current ratio of 0.98 and a debt-to-equity ratio of 1.96. The stock has a market capitalization of $50.62 billion, a PE ratio of 13.45 and a beta of 0.43.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, August 7th. The energy company reported $7.30 earnings per share for the quarter, topping the consensus estimate of $2.35 by $4.95. Cheniere Energy had a net margin of 21.05% and a return on equity of 37.83%. The firm had revenue of $4.64 billion for the quarter, compared to analysts’ expectations of $4.48 billion. During the same quarter in the prior year, the business earned $3.84 EPS. The business’s quarterly revenue was up 42.8% on a year-over-year basis. Equities research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 18th. Shareholders of record on Friday, August 8th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, August 8th. This represents a $2.00 dividend on an annualized basis and a yield of 0.9%. Cheniere Energy’s dividend payout ratio (DPR) is presently 11.68%.

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.