AJOVista LLC Purchases Shares of 350 Cheniere Energy, Inc. (NYSE:LNG)

AJOVista LLC acquired a new position in Cheniere Energy, Inc. (NYSE:LNG) in the fourth quarter, Holdings Channel.com reports. The firm acquired 350 shares of the energy company’s stock, valued at approximately $60,000.

Several other institutional investors have also recently modified their holdings of LNG. M&T Bank Corp lifted its stake in Cheniere Energy by 7.0% in the fourth quarter. M&T Bank Corp now owns 16,587 shares of the energy company’s stock worth $2,832,000 after purchasing an additional 1,084 shares during the last quarter. Westover Capital Advisors LLC lifted its stake in shares of Cheniere Energy by 55.6% in the 4th quarter. Westover Capital Advisors LLC now owns 7,431 shares of the energy company’s stock valued at $1,269,000 after acquiring an additional 2,655 shares during the last quarter. First Trust Direct Indexing L.P. boosted its holdings in Cheniere Energy by 26.4% during the 4th quarter. First Trust Direct Indexing L.P. now owns 4,811 shares of the energy company’s stock valued at $821,000 after acquiring an additional 1,004 shares during the period. Summit Financial LLC grew its position in Cheniere Energy by 9.9% during the 4th quarter. Summit Financial LLC now owns 5,431 shares of the energy company’s stock worth $927,000 after acquiring an additional 491 shares during the last quarter. Finally, Kestra Private Wealth Services LLC increased its stake in Cheniere Energy by 8.9% in the 4th quarter. Kestra Private Wealth Services LLC now owns 2,009 shares of the energy company’s stock worth $343,000 after purchasing an additional 164 shares during the period. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Trading Down 0.0 %

NYSE:LNG opened at $157.50 on Monday. The stock has a 50-day moving average of $157.83. The stock has a market cap of $36.33 billion, a PE ratio of 7.67 and a beta of 0.95. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.51 and a current ratio of 1.63. Cheniere Energy, Inc. has a 12 month low of $135.30 and a 12 month high of $183.46.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Friday, May 3rd. The energy company reported $2.13 EPS for the quarter, missing the consensus estimate of $2.30 by ($0.17). The company had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Cheniere Energy had a return on equity of 48.95% and a net margin of 28.55%. The business’s quarterly revenue was down 41.8% on a year-over-year basis. During the same quarter last year, the business earned $6.89 earnings per share. Equities analysts forecast that Cheniere Energy, Inc. will post 8.4 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Friday, May 10th will be given a dividend of $0.435 per share. The ex-dividend date is Thursday, May 9th. This represents a $1.74 annualized dividend and a dividend yield of 1.10%. Cheniere Energy’s dividend payout ratio is presently 8.48%.

Analyst Upgrades and Downgrades

LNG has been the subject of a number of analyst reports. Redburn Atlantic started coverage on Cheniere Energy in a research note on Tuesday, April 16th. They set a “neutral” rating and a $162.00 price objective for the company. Barclays increased their price target on shares of Cheniere Energy from $192.00 to $194.00 and gave the company an “overweight” rating in a research report on Wednesday, January 17th. UBS Group cut their price target on shares of Cheniere Energy from $223.00 to $206.00 and set a “buy” rating on the stock in a report on Wednesday, April 24th. StockNews.com downgraded shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. Finally, TD Cowen dropped their target price on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating for the company in a report on Tuesday, February 27th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $193.90.

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.