1,354 Shares in Cheniere Energy, Inc. (NYSE:LNG) Acquired by SVB Wealth LLC

SVB Wealth LLC purchased a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,354 shares of the energy company’s stock, valued at approximately $291,000.

Other large investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB grew its position in Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after buying an additional 75 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of Cheniere Energy in the 3rd quarter valued at $28,000. Adirondack Trust Co. acquired a new stake in shares of Cheniere Energy in the 4th quarter valued at $43,000. City Holding Co. acquired a new stake in shares of Cheniere Energy in the 4th quarter valued at $50,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Cheniere Energy by 53.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock valued at $66,000 after acquiring an additional 128 shares in 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 analyst reports. UBS Group raised their target price on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Scotiabank raised their target price 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. The Goldman Sachs Group raised their target price on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Barclays raised their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Finally, StockNews.com raised Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. One research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Cheniere Energy has a consensus rating of “Moderate Buy” and a consensus target price of $235.75.

Cheniere Energy Stock Performance

Shares of LNG opened at $217.85 on Thursday. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The stock has a 50-day moving average of $224.85 and a 200-day moving average of $205.90. The company has a market cap of $48.73 billion, a PE ratio of 15.31 and a beta of 0.98. Cheniere Energy, Inc. has a one year low of $152.88 and a one year high of $257.65.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating the consensus estimate of $2.74 by $1.59. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. On average, equities research analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.92%. 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 Cheniere Energy stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the transaction, the director now owns 33,934 shares in the company, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.29% of the stock is currently owned by company 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.