Cheniere Energy, Inc. (NYSE:LNG) Stake Decreased by Graham Capital Wealth Management LLC

Graham Capital Wealth Management LLC lowered its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,235 shares of the energy company’s stock after selling 204 shares during the quarter. Cheniere Energy accounts for 5.8% of Graham Capital Wealth Management LLC’s investment portfolio, making the stock its biggest position. Graham Capital Wealth Management LLC’s holdings in Cheniere Energy were worth $6,282,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Miracle Mile Advisors LLC purchased a new position in Cheniere Energy in the 4th quarter worth $2,127,000. Anderson Hoagland & Co. purchased a new position in Cheniere Energy in the 4th quarter worth $2,460,000. Insight Wealth Strategies LLC purchased a new position in shares of Cheniere Energy in the fourth quarter valued at about $4,455,000. Kathmere Capital Management LLC purchased a new position in shares of Cheniere Energy in the fourth quarter valued at about $245,000. Finally, Covea Finance increased its position in shares of Cheniere Energy by 18.8% in the fourth quarter. Covea Finance now owns 121,400 shares of the energy company’s stock valued at $26,085,000 after acquiring an additional 19,200 shares during the period. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on LNG. Stifel Nicolaus boosted their price objective on shares of Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Morgan Stanley boosted their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday. TD Cowen boosted their price objective on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Royal Bank of Canada boosted their price objective on shares of Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Finally, The Goldman Sachs Group boosted their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, Cheniere Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $234.25.

Cheniere Energy Trading Down 2.8 %

NYSE:LNG opened at $223.71 on Monday. The company’s 50 day moving average price is $223.15 and its 200-day moving average price is $199.63. Cheniere Energy, Inc. has a 52 week low of $152.31 and a 52 week 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 stock has a market cap of $50.19 billion, a price-to-earnings ratio of 14.29 and a beta of 0.98.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $2.06. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The firm had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter in the prior year, the company posted $2.37 earnings per share. The business’s revenue for the quarter was down 9.5% on a year-over-year basis. On average, equities research analysts forecast that Cheniere Energy, Inc. will post 12.67 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

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

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.