Everhart Financial Group Inc. Purchases 93 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Everhart Financial Group Inc. raised its position in Cheniere Energy, Inc. (NYSE:LNG) by 5.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,884 shares of the energy company’s stock after acquiring an additional 93 shares during the period. Everhart Financial Group Inc.’s holdings in Cheniere Energy were worth $405,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of LNG. WealthPlan Investment Management LLC increased its position in shares of Cheniere Energy by 14.3% during the 4th quarter. WealthPlan Investment Management LLC now owns 18,097 shares of the energy company’s stock worth $3,888,000 after purchasing an additional 2,270 shares during the last quarter. Myriad Asset Management US LP acquired a new position in shares of Cheniere Energy during the 4th quarter worth approximately $2,102,000. Quaero Capital S.A. acquired a new position in shares of Cheniere Energy during the 4th quarter worth approximately $615,000. Compagnie Lombard Odier SCmA increased its position in shares of Cheniere Energy by 40.0% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 97,853 shares of the energy company’s stock worth $21,026,000 after purchasing an additional 27,975 shares during the last quarter. Finally, Asset Management One Co. Ltd. increased its position in shares of Cheniere Energy by 9.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 88,068 shares of the energy company’s stock worth $18,537,000 after purchasing an additional 7,398 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

NYSE:LNG opened at $213.37 on Monday. The stock has a fifty day moving average price of $222.58 and a 200-day moving average price of $202.34. The company has a market cap of $47.87 billion, a price-to-earnings ratio of 13.62 and a beta of 0.98. 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, Inc. has a fifty-two week low of $152.31 and a fifty-two week high of $257.65.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a dividend of $0.50 per share. 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 currently 12.77%.

Analysts Set New Price Targets

LNG has been the topic of several recent analyst reports. Barclays boosted their price target on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Morgan Stanley boosted their target price on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. TD Cowen boosted their target price on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Scotiabank boosted their target price on Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a report on Tuesday, January 21st. Finally, The Goldman Sachs Group boosted their target price on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $234.25.

Cheniere Energy Company 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.