Capstone Investment Advisors LLC Acquires New Stake in Cheniere Energy, Inc. $LNG

Capstone Investment Advisors LLC purchased a new stake in Cheniere Energy, Inc. (NYSE:LNG) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,303 shares of the energy company’s stock, valued at approximately $550,000.

Several other large investors have also added to or reduced their stakes in the business. First Horizon Corp boosted its stake in shares of Cheniere Energy by 7.7% during the 1st quarter. First Horizon Corp now owns 517 shares of the energy company’s stock worth $147,000 after buying an additional 37 shares during the last quarter. Signal Advisors Wealth LLC increased its position in shares of Cheniere Energy by 2.9% during the 1st quarter. Signal Advisors Wealth LLC now owns 1,497 shares of the energy company’s stock worth $425,000 after purchasing an additional 42 shares during the last quarter. Independence Bank of Kentucky increased its position in shares of Cheniere Energy by 6.8% during the 1st quarter. Independence Bank of Kentucky now owns 725 shares of the energy company’s stock worth $206,000 after purchasing an additional 46 shares during the last quarter. Optiver Holding B.V. raised its stake in shares of Cheniere Energy by 54.5% during the 1st quarter. Optiver Holding B.V. now owns 136 shares of the energy company’s stock worth $39,000 after purchasing an additional 48 shares in the last quarter. Finally, AlTi Global Inc. raised its stake in shares of Cheniere Energy by 1.5% during the 1st quarter. AlTi Global Inc. now owns 3,318 shares of the energy company’s stock worth $942,000 after purchasing an additional 50 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

Cheniere Energy stock opened at $282.36 on Friday. The business’s 50-day moving average price is $260.25 and its two-hundred day moving average price is $253.19. The stock has a market cap of $58.32 billion, a PE ratio of 21.02 and a beta of -0.01. Cheniere Energy, Inc. has a 12-month low of $186.20 and a 12-month high of $300.89. The company has a quick ratio of 0.72, a current ratio of 0.87 and a debt-to-equity ratio of 1.97.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, August 6th. The energy company reported $3.02 EPS for the quarter, missing analysts’ consensus estimates of $3.11 by ($0.09). The firm had revenue of $5.73 billion for the quarter, compared to analyst estimates of $4.92 billion. Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The business’s revenue for the quarter was up 23.5% compared to the same quarter last year. During the same period in the previous year, the business posted $7.30 earnings per share. As a group, analysts expect that Cheniere Energy, Inc. will post 16.36 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 18th. Shareholders of record on Monday, August 10th were issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, August 10th. Cheniere Energy’s dividend payout ratio is presently 16.53%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on LNG. Sanford C. Bernstein began coverage on shares of Cheniere Energy in a research note on Tuesday, June 16th. They issued a “market perform” rating and a $283.00 target price for the company. Royal Bank Of Canada upped their price target on shares of Cheniere Energy from $300.00 to $319.00 and gave the stock an “outperform” rating in a research report on Monday. Wall Street Zen upgraded shares of Cheniere Energy from a “sell” rating to a “hold” rating in a research note on Saturday, July 25th. Barclays lifted their price target on Cheniere Energy from $274.00 to $279.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Finally, Wolfe Research reissued an “outperform” rating and set a $300.00 target price on shares of Cheniere Energy in a report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Cheniere Energy has an average rating of “Moderate Buy” and a consensus price target of $304.35.

About Cheniere Energy

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.