D.A. Davidson & CO. Increases Holdings in Cheniere Energy, Inc. (NYSE:LNG)

D.A. Davidson & CO. increased its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 6.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,964 shares of the energy company’s stock after purchasing an additional 619 shares during the period. D.A. Davidson & CO.’s holdings in Cheniere Energy were worth $2,141,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in LNG. MassMutual Private Wealth & Trust FSB boosted its position in Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after purchasing an additional 75 shares during the period. Capital Performance Advisors LLP purchased a new stake in Cheniere Energy during the 3rd quarter worth $28,000. Adirondack Trust Co. purchased a new stake in Cheniere Energy during the 4th quarter worth $43,000. City Holding Co. acquired a new stake in shares of Cheniere Energy during the fourth quarter valued at about $50,000. Finally, Farther Finance Advisors LLC grew its stake in Cheniere Energy by 53.3% in the third quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock worth $66,000 after purchasing an additional 128 shares in the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Stock Performance

LNG opened at $220.90 on Friday. The business’s 50 day moving average is $222.92 and its 200-day moving average is $203.27. The stock has a market cap of $49.56 billion, a PE ratio of 14.11 and a beta of 0.98. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.74 by $1.59. The company had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. On average, analysts predict that Cheniere Energy, Inc. will post 12.77 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.91%. Cheniere Energy’s dividend payout ratio (DPR) is 14.05%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LNG shares. Morgan Stanley lifted their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. TD Cowen lifted their price target on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Barclays lifted their price target on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. StockNews.com upgraded Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday. Finally, UBS Group lifted their price target on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $235.75.

Cheniere Energy Profile

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.