Signaturefd LLC Has $2.20 Million Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Signaturefd LLC lessened its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 1.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,209 shares of the energy company’s stock after selling 158 shares during the quarter. Signaturefd LLC’s holdings in Cheniere Energy were worth $2,196,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Daiwa Securities Group Inc. boosted its stake in Cheniere Energy by 27.1% in the 1st quarter. Daiwa Securities Group Inc. now owns 29,235 shares of the energy company’s stock valued at $4,715,000 after buying an additional 6,235 shares in the last quarter. Sei Investments Co. boosted its stake in Cheniere Energy by 6.7% in the 1st quarter. Sei Investments Co. now owns 187,236 shares of the energy company’s stock valued at $30,198,000 after buying an additional 11,800 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its stake in Cheniere Energy by 103.3% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 31,577 shares of the energy company’s stock valued at $5,093,000 after buying an additional 16,044 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Cheniere Energy by 215.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 62,551 shares of the energy company’s stock valued at $10,936,000 after buying an additional 42,737 shares in the last quarter. Finally, Silvercrest Asset Management Group LLC acquired a new stake in Cheniere Energy in the 1st quarter valued at $818,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Up 0.7 %

NYSE:LNG opened at $182.41 on Wednesday. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $193.16. The company has a current ratio of 1.02, a quick ratio of 0.93 and a debt-to-equity ratio of 2.63. The stock has a market cap of $41.76 billion, a price-to-earnings ratio of 8.89 and a beta of 0.94. The stock has a 50-day moving average price of $183.08 and a two-hundred day moving average price of $171.87.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, August 8th. The energy company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.12. The company had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Cheniere Energy had a return on equity of 39.42% and a net margin of 27.05%. As a group, equities analysts expect that Cheniere Energy, Inc. will post 9.76 earnings per share for the current year.

Cheniere Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 14th. Stockholders of record on Wednesday, August 7th were given a dividend of $0.775 per share. This is a boost from Cheniere Energy’s previous quarterly dividend of $0.62. This represents a $3.10 annualized dividend and a dividend yield of 1.70%. The ex-dividend date was Wednesday, August 7th. Cheniere Energy’s dividend payout ratio is currently 8.48%.

Analyst Upgrades and Downgrades

LNG has been the subject of several research analyst reports. Barclays lifted their price objective on Cheniere Energy from $199.00 to $202.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. 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 dropped their price objective on Cheniere Energy from $208.00 to $204.00 and set a “buy” rating for the company in a report on Friday, August 9th. Finally, Royal Bank of Canada upped their price objective on Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $200.00.

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.