NBW Capital LLC Buys 15,791 Shares of Cheniere Energy, Inc. (NYSE:LNG)

NBW Capital LLC increased its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 27.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,818 shares of the energy company’s stock after buying an additional 15,791 shares during the period. Cheniere Energy accounts for about 2.9% of NBW Capital LLC’s investment portfolio, making the stock its 6th biggest holding. NBW Capital LLC’s holdings in Cheniere Energy were worth $15,646,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its stake in Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after buying an additional 75 shares during the period. WR Wealth Planners LLC increased its stake in shares of Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock valued at $26,000 after acquiring an additional 97 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of Cheniere Energy in the 3rd quarter valued at approximately $28,000. Kohmann Bosshard Financial Services LLC bought a new position in Cheniere Energy during the 4th quarter worth approximately $29,000. Finally, Adirondack Trust Co. acquired a new position in Cheniere Energy during the fourth quarter valued at approximately $43,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Trading Down 3.5 %

NYSE:LNG opened at $220.50 on Tuesday. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The business has a 50 day moving average price of $224.50 and a two-hundred day moving average price of $205.57. The company has a market cap of $49.32 billion, a P/E ratio of 15.50 and a beta of 0.98.

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, topping analysts’ consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. As a group, analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

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

Analyst Upgrades and Downgrades

LNG has been the topic of several analyst reports. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a report on Friday, February 21st. The Goldman Sachs Group raised their price objective on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. TD Cowen boosted their target price on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Scotiabank raised their price target on Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. Finally, Barclays increased their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. One analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $235.75.

Insider Buying and Selling

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the firm’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 directly owns 33,934 shares in the company, valued at $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.29% of the stock is currently owned by corporate insiders.

About Cheniere Energy

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.