Inceptionr LLC Acquires New Position in Cheniere Energy, Inc. $LNG

Inceptionr LLC bought a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,100 shares of the energy company’s stock, valued at approximately $728,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Altman Advisors Inc. grew its stake in shares of Cheniere Energy by 0.4% in the 2nd quarter. Altman Advisors Inc. now owns 10,206 shares of the energy company’s stock valued at $2,409,000 after buying an additional 44 shares during the period. Dynamic Advisor Solutions LLC increased its holdings in shares of Cheniere Energy by 1.5% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 3,268 shares of the energy company’s stock worth $768,000 after buying an additional 47 shares during the last quarter. Childress Capital Advisors LLC raised its position in shares of Cheniere Energy by 0.9% during the 3rd quarter. Childress Capital Advisors LLC now owns 5,385 shares of the energy company’s stock valued at $1,265,000 after buying an additional 47 shares during the period. Ameriflex Group Inc. lifted its holdings in Cheniere Energy by 7.3% in the third quarter. Ameriflex Group Inc. now owns 688 shares of the energy company’s stock valued at $162,000 after acquiring an additional 47 shares during the last quarter. Finally, Howard Capital Management Inc. lifted its holdings in Cheniere Energy by 3.3% in the third quarter. Howard Capital Management Inc. now owns 1,488 shares of the energy company’s stock valued at $350,000 after acquiring an additional 48 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Stock Down 1.8%

Shares of NYSE LNG opened at $250.68 on Tuesday. The firm has a market cap of $52.69 billion, a price-to-earnings ratio of 10.32 and a beta of 0.25. The company has a quick ratio of 0.81, a current ratio of 0.94 and a debt-to-equity ratio of 1.74. Cheniere Energy, Inc. has a 52-week low of $186.20 and a 52-week high of $259.24. The business’s 50 day moving average is $214.46 and its two-hundred day moving average is $216.93.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Wednesday, February 25th. The energy company reported $10.68 EPS for the quarter, topping analysts’ consensus estimates of $3.90 by $6.78. Cheniere Energy had a return on equity of 32.04% and a net margin of 26.68%.The company had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.48 billion. During the same period in the prior year, the firm earned $4.33 earnings per share. The firm’s revenue was up 22.9% compared to the same quarter last year. Research analysts predict 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 Friday, February 27th. Investors of record on Friday, February 6th were paid a dividend of $0.555 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $2.22 annualized dividend and a yield of 0.9%. Cheniere Energy’s dividend payout ratio is presently 9.14%.

Cheniere Energy announced that its Board of Directors has initiated a share buyback program on Thursday, February 26th that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the energy company to repurchase up to 21.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

LNG has been the subject of several recent analyst reports. UBS Group raised their target price on Cheniere Energy from $277.00 to $301.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Cheniere Energy in a research note on Thursday, February 26th. Morgan Stanley set a $236.00 price target on Cheniere Energy and gave the stock an “equal weight” rating in a report on Tuesday, February 24th. Barclays raised their price objective on Cheniere Energy from $259.00 to $271.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Finally, Weiss Ratings lowered shares of Cheniere Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Cheniere Energy has an average rating of “Moderate Buy” and an average price target of $264.89.

Cheniere Energy Company Profile

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.