J.W. Cole Advisors Inc. Buys 4,186 Shares of Cheniere Energy, Inc. $LNG

J.W. Cole Advisors Inc. increased its position in Cheniere Energy, Inc. (NYSE:LNG) by 23.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 21,755 shares of the energy company’s stock after buying an additional 4,186 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Cheniere Energy were worth $5,112,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Altman Advisors Inc. raised its position in shares of Cheniere Energy by 0.4% during the 2nd quarter. Altman Advisors Inc. now owns 10,206 shares of the energy company’s stock valued at $2,409,000 after purchasing an additional 44 shares during the period. Dynamic Advisor Solutions LLC raised its holdings in Cheniere Energy by 1.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 3,268 shares of the energy company’s stock valued at $768,000 after acquiring an additional 47 shares during the period. Childress Capital Advisors LLC lifted its position in shares of Cheniere Energy by 0.9% in the third quarter. Childress Capital Advisors LLC now owns 5,385 shares of the energy company’s stock valued at $1,265,000 after acquiring an additional 47 shares in the last quarter. Howard Capital Management Inc. boosted its stake in shares of Cheniere Energy by 3.3% in the third quarter. Howard Capital Management Inc. now owns 1,488 shares of the energy company’s stock worth $350,000 after acquiring an additional 48 shares during the period. Finally, Bailard Inc. boosted its stake in shares of Cheniere Energy by 0.7% in the second quarter. Bailard Inc. now owns 6,663 shares of the energy company’s stock worth $1,623,000 after acquiring an additional 49 shares during the period. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Jefferies Financial Group set a $251.00 price target on Cheniere Energy in a report on Sunday, January 25th. Wells Fargo & Company lowered their target price on shares of Cheniere Energy from $284.00 to $280.00 and set an “overweight” rating on the stock in a report on Monday, January 12th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $275.00 target price on shares of Cheniere Energy in a research note on Monday, November 3rd. Bank of America decreased their price target on shares of Cheniere Energy from $274.00 to $271.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. Finally, Wolfe Research set a $220.00 price objective on shares of Cheniere Energy and gave the company an “outperform” rating in a report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $264.24.

Cheniere Energy Price Performance

LNG stock opened at $213.68 on Thursday. Cheniere Energy, Inc. has a 52 week low of $186.20 and a 52 week high of $246.42. The firm has a market capitalization of $45.99 billion, a P/E ratio of 11.90, a price-to-earnings-growth ratio of 6.65 and a beta of 0.27. The company has a fifty day simple moving average of $199.66 and a two-hundred day simple moving average of $217.58. The company has a quick ratio of 0.81, a current ratio of 0.94 and a debt-to-equity ratio of 1.94.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 6th will be given a $0.555 dividend. The ex-dividend date is Friday, February 6th. This represents a $2.22 annualized dividend and a yield of 1.0%. Cheniere Energy’s dividend payout ratio (DPR) is currently 12.37%.

Cheniere Energy Profile

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.