472 Shares in Cheniere Energy, Inc. $LNG Acquired by Atwood & Palmer Inc.

Atwood & Palmer Inc. bought a new position in Cheniere Energy, Inc. (NYSE:LNG) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 472 shares of the energy company’s stock, valued at approximately $115,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. REAP Financial Group LLC boosted its stake in Cheniere Energy by 150.0% in the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company’s stock worth $27,000 after purchasing an additional 75 shares during the period. Cooksen Wealth LLC bought a new position in Cheniere Energy in the 1st quarter worth approximately $38,000. WPG Advisers LLC bought a new position in Cheniere Energy in the 1st quarter worth approximately $38,000. Ameriflex Group Inc. bought a new position in Cheniere Energy in the 4th quarter worth approximately $42,000. Finally, Tsfg LLC boosted its stake in Cheniere Energy by 676.0% in the 1st quarter. Tsfg LLC now owns 194 shares of the energy company’s stock worth $45,000 after purchasing an additional 169 shares during the period. 87.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on LNG. Scotiabank restated an “outperform” rating on shares of Cheniere Energy in a research note on Tuesday, July 15th. Cowen restated a “buy” rating on shares of Cheniere Energy in a research note on Friday, August 8th. Mizuho upped their price target on Cheniere Energy from $268.00 to $273.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Jefferies Financial Group set a $288.00 target price on Cheniere Energy and gave the company a “buy” rating in a research report on Thursday, June 26th. Finally, Bank of America increased their price target on Cheniere Energy from $258.00 to $271.00 and gave the company a “buy” rating in a report on Wednesday, June 25th. One equities 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 stock. Based on data from MarketBeat, Cheniere Energy currently has an average rating of “Buy” and a consensus target price of $263.29.

Cheniere Energy Stock Performance

Shares of Cheniere Energy stock opened at $235.93 on Monday. The firm has a market cap of $51.85 billion, a P/E ratio of 13.77 and a beta of 0.43. The company has a current ratio of 0.98, a quick ratio of 0.85 and a debt-to-equity ratio of 1.96. Cheniere Energy, Inc. has a 12 month low of $177.55 and a 12 month high of $257.65. The stock’s fifty day moving average price is $235.05 and its 200-day moving average price is $231.41.

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

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 18th. Investors of record on Friday, August 8th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, August 8th. This represents a $2.00 dividend on an annualized basis and a yield of 0.8%. Cheniere Energy’s dividend payout ratio (DPR) is presently 11.68%.

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.