Yousif Capital Management LLC Acquires 297 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Yousif Capital Management LLC lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 8.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,962 shares of the energy company’s stock after acquiring an additional 297 shares during the period. Yousif Capital Management LLC’s holdings in Cheniere Energy were worth $851,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in LNG. Tanager Wealth Management LLP acquired a new position in Cheniere Energy during the 4th quarter valued at about $269,000. Ninety One UK Ltd boosted its position in shares of Cheniere Energy by 1,400.7% during the fourth quarter. Ninety One UK Ltd now owns 1,509,717 shares of the energy company’s stock valued at $324,393,000 after buying an additional 1,409,116 shares during the last quarter. Beach Investment Counsel Inc. PA boosted its position in shares of Cheniere Energy by 42.1% during the fourth quarter. Beach Investment Counsel Inc. PA now owns 118,991 shares of the energy company’s stock valued at $25,568,000 after buying an additional 35,242 shares during the last quarter. Longboard Asset Management LP bought a new stake in Cheniere Energy during the fourth quarter worth $214,000. Finally, abrdn plc raised its position in Cheniere Energy by 3.3% in the 4th quarter. abrdn plc now owns 936,025 shares of the energy company’s stock valued at $199,439,000 after buying an additional 29,641 shares during the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Wall Street Analyst Weigh In

LNG has been the topic of a number of analyst reports. Wells Fargo & Company lifted their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. UBS Group upped their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Barclays lifted their target price on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Scotiabank upped their target price on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a report on Tuesday, January 21st. Finally, The Goldman Sachs Group lifted their price target on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $234.25.

Cheniere Energy Stock Up 1.6 %

LNG stock opened at $213.37 on Friday. The stock has a fifty day moving average of $222.58 and a 200-day moving average of $202.20. Cheniere Energy, Inc. has a fifty-two week low of $152.31 and a fifty-two week high of $257.65. The company has a market capitalization of $47.87 billion, a price-to-earnings ratio of 13.62 and a beta of 0.98. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.94%. Cheniere Energy’s payout ratio is 12.77%.

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.