Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by American Money Management LLC

American Money Management LLC increased its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 0.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 10,987 shares of the energy company’s stock after acquiring an additional 55 shares during the period. American Money Management LLC’s holdings in Cheniere Energy were worth $2,361,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. L & S Advisors Inc acquired a new stake in Cheniere Energy in the 4th quarter valued at about $3,334,000. Allianz SE acquired a new stake in shares of Cheniere Energy in the fourth quarter valued at approximately $247,000. Hobbs Group Advisors LLC increased its stake in shares of Cheniere Energy by 6.5% during the 4th quarter. Hobbs Group Advisors LLC now owns 2,951 shares of the energy company’s stock worth $634,000 after purchasing an additional 181 shares in the last quarter. Allstate Corp acquired a new position in shares of Cheniere Energy during the 4th quarter worth approximately $1,473,000. Finally, DnB Asset Management AS raised its position in shares of Cheniere Energy by 4.3% during the 4th quarter. DnB Asset Management AS now owns 44,233 shares of the energy company’s stock worth $9,504,000 after purchasing an additional 1,805 shares during the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Analyst Upgrades and Downgrades

LNG has been the subject of several recent research reports. TD Cowen raised their price target on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Barclays lifted their price objective on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Wells Fargo & Company raised their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Morgan Stanley lifted their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Finally, Scotiabank reissued an “outperform” rating on shares of Cheniere Energy in a research note on Thursday, March 6th. One investment analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $239.79.

Cheniere Energy Stock Down 0.3 %

Shares of NYSE:LNG opened at $226.16 on Friday. The stock has a 50-day simple moving average of $223.55 and a 200-day simple moving average of $210.70. The stock has a market capitalization of $50.58 billion, a P/E ratio of 15.89 and a beta of 0.94. Cheniere Energy, Inc. has a 1 year low of $152.88 and a 1 year high of $257.65. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $1.59. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Equities analysts forecast that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s dividend payout ratio is presently 14.05%.

Insider Activity

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the transaction, the director now owns 33,934 shares in the company, valued at $7,448,852.34. This represents a 20.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.29% of the company’s stock.

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.