Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC grew its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,632 shares of the energy company’s stock after purchasing an additional 226 shares during the period. Chicago Partners Investment Group LLC’s holdings in Cheniere Energy were worth $5,772,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its stake 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 valued at $26,000 after buying an additional 75 shares in the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Cheniere Energy during the 3rd quarter valued at about $27,000. Capital Performance Advisors LLP acquired a new stake in shares of Cheniere Energy in the third quarter worth $28,000. Strategic Investment Solutions Inc. IL acquired a new stake in Cheniere Energy in the 2nd quarter valued at approximately $30,000. Finally, Adirondack Trust Co. bought a new stake in Cheniere Energy in the 4th quarter valued at $43,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

Shares of LNG opened at $223.71 on Friday. The stock has a 50 day moving average of $223.13 and a 200 day moving average of $199.04. The company has a market capitalization of $50.19 billion, a price-to-earnings ratio of 14.29 and a beta of 0.99. Cheniere Energy, Inc. has a 12 month low of $152.31 and a 12 month high of $257.65. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $2.06. The firm had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.76 billion. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The business’s revenue was down 9.5% compared to the same quarter last year. During the same period last year, the firm posted $2.37 EPS. As a group, sell-side analysts forecast that Cheniere Energy, Inc. will post 12.67 earnings per share for the current year.

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date is Friday, February 7th. Cheniere Energy’s payout ratio is 12.77%.

Analyst Ratings Changes

A number of research analysts recently commented on LNG shares. Scotiabank upped their target price on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. Bank of America started coverage on Cheniere Energy in a research report on Thursday, October 17th. They set a “buy” rating and a $215.00 target price for the company. Stifel Nicolaus boosted their target price on Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. UBS Group boosted their price objective on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, 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. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $234.25.

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.