James Investment Research Inc. Sells 342 Shares of Cheniere Energy, Inc. (NYSE:LNG)

James Investment Research Inc. lessened its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,185 shares of the energy company’s stock after selling 342 shares during the quarter. James Investment Research Inc.’s holdings in Cheniere Energy were worth $1,759,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB raised its position in shares of Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after purchasing an additional 75 shares during the period. Capital Performance Advisors LLP bought a new position in shares of Cheniere Energy in the third quarter valued at approximately $28,000. Adirondack Trust Co. bought a new position in shares of Cheniere Energy in the fourth quarter valued at approximately $43,000. City Holding Co. bought a new position in shares of Cheniere Energy in the fourth quarter valued at approximately $50,000. Finally, Farther Finance Advisors LLC raised its position in shares of Cheniere Energy by 53.3% in the third quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock valued at $66,000 after purchasing an additional 128 shares during the period. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Up 1.6 %

LNG opened at $213.37 on Friday. Cheniere Energy, Inc. has a fifty-two week low of $152.31 and a fifty-two week high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The firm’s fifty day moving average price is $222.58 and its two-hundred day moving average price is $202.20. The company has a market capitalization of $47.87 billion, a P/E ratio of 13.62 and a beta of 0.98.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.94%. Cheniere Energy’s dividend payout ratio is presently 12.77%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on LNG shares. TD Cowen lifted their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Wells Fargo & Company lifted their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Barclays boosted their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Scotiabank boosted their target price on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. Finally, UBS Group boosted their target price on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $234.25.

About Cheniere Energy

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.