Cheniere Energy, Inc. (NYSE:LNG) Stake Boosted by Midwest Professional Planners LTD.

Midwest Professional Planners LTD. grew its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,832 shares of the energy company’s stock after purchasing an additional 530 shares during the quarter. Midwest Professional Planners LTD.’s holdings in Cheniere Energy were worth $1,898,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Wellington Shields Capital Management LLC grew its holdings in shares of Cheniere Energy by 6.7% during the fourth quarter. Wellington Shields Capital Management LLC now owns 7,999 shares of the energy company’s stock valued at $1,719,000 after purchasing an additional 502 shares during the last quarter. LBP AM SA grew its holdings in Cheniere Energy by 186.7% in the 4th quarter. LBP AM SA now owns 27,543 shares of the energy company’s stock worth $5,918,000 after buying an additional 17,936 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in Cheniere Energy by 21.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 43,598 shares of the energy company’s stock worth $9,368,000 after buying an additional 7,609 shares in the last quarter. Balboa Wealth Partners grew its holdings in Cheniere Energy by 5.3% in the 4th quarter. Balboa Wealth Partners now owns 3,595 shares of the energy company’s stock worth $772,000 after buying an additional 181 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ bought a new position in Cheniere Energy in the 4th quarter worth approximately $4,966,000. 87.26% of the stock is owned by institutional investors.

Analyst Ratings Changes

LNG has been the subject of a number of recent analyst reports. Barclays increased their price objective on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Wells Fargo & Company increased their price objective on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. The Goldman Sachs Group increased their price objective on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Morgan Stanley increased their price objective on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Finally, StockNews.com raised Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. One equities research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $236.33.

Insider Activity

In other news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction 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 sale, the director now owns 33,934 shares in the company, valued at $7,448,852.34. This 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 at this link. Corporate insiders own 0.29% of the company’s stock.

Cheniere Energy Price Performance

Shares of NYSE:LNG opened at $210.99 on Friday. Cheniere Energy, Inc. has a one year low of $152.88 and a one year high of $257.65. The stock has a fifty day moving average of $224.93 and a 200-day moving average of $207.05. The company has a market capitalization of $47.19 billion, a PE ratio of 14.83 and a beta of 0.94. 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 (NYSE:LNG) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating 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 company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. As a group, equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.95%. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

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.