Cheniere Energy, Inc. $LNG Stock Holdings Decreased by Yost Capital Management LP

Yost Capital Management LP trimmed its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 12.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 34,750 shares of the energy company’s stock after selling 5,000 shares during the period. Cheniere Energy comprises approximately 9.8% of Yost Capital Management LP’s portfolio, making the stock its 4th largest holding. Yost Capital Management LP’s holdings in Cheniere Energy were worth $6,755,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of LNG. Caitong International Asset Management Co. Ltd purchased a new position in Cheniere Energy during the 3rd quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Cheniere Energy during the 4th quarter worth $26,000. Accordant Advisory Group Inc purchased a new position in Cheniere Energy during the 4th quarter worth $29,000. Eagle Bay Advisors LLC purchased a new position in Cheniere Energy during the 4th quarter worth $43,000. Finally, Lodestone Wealth Management LLC purchased a new position in Cheniere Energy during the 4th quarter worth $46,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Sean N. Markowitz sold 22,246 shares of the firm’s stock in a transaction on Thursday, March 26th. The stock was sold at an average price of $290.98, for a total value of $6,473,141.08. Following the completion of the sale, the executive vice president owned 64,000 shares of the company’s stock, valued at $18,622,720. This trade represents a 25.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Zach Davis sold 29,000 shares of the firm’s stock in a transaction on Monday, March 30th. The stock was sold at an average price of $300.00, for a total value of $8,700,000.00. Following the completion of the sale, the chief financial officer directly owned 87,146 shares of the company’s stock, valued at $26,143,800. The trade was a 24.97% decrease in their position. The SEC filing for this sale provides additional information. 0.55% of the stock is owned by company insiders.

Cheniere Energy Stock Down 0.2%

Shares of NYSE LNG opened at $240.85 on Monday. The company has a current ratio of 0.57, a quick ratio of 0.48 and a debt-to-equity ratio of 2.55. The stock has a market capitalization of $50.47 billion and a PE ratio of 39.61. Cheniere Energy, Inc. has a 12-month low of $186.20 and a 12-month high of $300.89. The stock’s fifty day simple moving average is $251.29 and its two-hundred day simple moving average is $231.40.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Wednesday, May 6th. The energy company reported ($16.65) earnings per share for the quarter, missing analysts’ consensus estimates of $4.25 by ($20.90). The business had revenue of $5.87 billion during the quarter, compared to analyst estimates of $5.69 billion. Cheniere Energy had a return on equity of 38.95% and a net margin of 7.23%.The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.57 EPS. As a group, analysts expect that Cheniere Energy, Inc. will post 14.93 EPS for the current fiscal year.

Cheniere Energy announced that its Board of Directors has approved a share buyback program on Thursday, February 26th that permits the company to buyback $10.00 billion in shares. This buyback authorization permits the energy company to reacquire up to 21.1% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its stock is undervalued.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Monday, May 11th were given a $0.555 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 0.9%. Cheniere Energy’s dividend payout ratio (DPR) is presently 36.51%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Benchmark restated an “outperform” rating on shares of Cheniere Energy in a report on Tuesday, May 26th. BMO Capital Markets raised their price objective on Cheniere Energy from $265.00 to $306.00 and gave the stock an “outperform” rating in a report on Monday, March 23rd. Wells Fargo & Company dropped their target price on Cheniere Energy from $280.00 to $271.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. UBS Group set a $290.00 target price on Cheniere Energy in a research report on Wednesday, May 13th. Finally, Barclays increased their target price on Cheniere Energy from $259.00 to $271.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $298.63.

Cheniere Energy 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.