12,000 Shares in Cheniere Energy, Inc. $LNG Bought by Militia Capital Management LLC

Militia Capital Management LLC purchased a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 1st quarter, HoldingsChannel reports. The firm purchased 12,000 shares of the energy company’s stock, valued at approximately $3,405,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Cheniere Energy by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 21,219,557 shares of the energy company’s stock worth $4,124,870,000 after acquiring an additional 414,022 shares during the period. State Street Corp boosted its stake in shares of Cheniere Energy by 2.8% during the 4th quarter. State Street Corp now owns 6,174,695 shares of the energy company’s stock worth $1,200,299,000 after acquiring an additional 167,622 shares in the last quarter. Norges Bank acquired a new stake in shares of Cheniere Energy during the 4th quarter valued at about $731,774,000. Victory Capital Management Inc. grew its position in shares of Cheniere Energy by 12.5% during the 4th quarter. Victory Capital Management Inc. now owns 2,279,078 shares of the energy company’s stock valued at $443,031,000 after acquiring an additional 253,469 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Cheniere Energy by 6.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,263,826 shares of the energy company’s stock valued at $440,047,000 after purchasing an additional 134,695 shares in the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on LNG shares. Benchmark reaffirmed an “outperform” rating on shares of Cheniere Energy in a report on Tuesday, May 26th. Jefferies Financial Group raised their price objective on Cheniere Energy from $275.00 to $330.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. Wall Street Zen cut Cheniere Energy from a “hold” rating to a “sell” rating in a research report on Saturday, June 27th. Scotiabank restated an “outperform” rating on shares of Cheniere Energy in a research report on Wednesday, May 13th. Finally, Barclays upped their target price on Cheniere Energy from $271.00 to $274.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Cheniere Energy currently has a consensus rating of “Buy” and an average price target of $298.47.

Cheniere Energy Stock Up 1.9%

Shares of NYSE LNG opened at $267.51 on Thursday. The firm has a market cap of $56.06 billion, a price-to-earnings ratio of 44.00 and a beta of -0.01. The company’s 50-day simple moving average is $243.34 and its 200-day simple moving average is $241.35. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 2.55. Cheniere Energy, Inc. has a 52-week low of $186.20 and a 52-week high of $300.89.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Monday, May 11th were issued a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, May 11th. Cheniere Energy’s payout ratio is presently 36.51%.

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.