Values First Advisors Inc. Has $497,000 Stake in Cheniere Energy, Inc. $LNG

Values First Advisors Inc. grew its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 9.4% during the second quarter, Holdings Channel.com reports. The firm owned 2,043 shares of the energy company’s stock after buying an additional 175 shares during the period. Values First Advisors Inc.’s holdings in Cheniere Energy were worth $497,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC acquired a new position in Cheniere Energy in the second quarter worth approximately $384,806,000. Nuveen LLC bought a new stake in shares of Cheniere Energy in the first quarter valued at approximately $294,793,000. Massachusetts Financial Services Co. MA boosted its position in shares of Cheniere Energy by 12.9% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,660,545 shares of the energy company’s stock valued at $1,078,450,000 after acquiring an additional 534,033 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Cheniere Energy by 33.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,031,767 shares of the energy company’s stock worth $470,151,000 after purchasing an additional 504,960 shares during the period. Finally, Royal Bank of Canada lifted its position in Cheniere Energy by 25.7% in the first quarter. Royal Bank of Canada now owns 2,395,267 shares of the energy company’s stock worth $554,265,000 after purchasing an additional 488,994 shares during the period. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Down 2.3%

LNG stock opened at $220.04 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.85 and a debt-to-equity ratio of 1.96. The firm has a market capitalization of $48.36 billion, a PE ratio of 12.85 and a beta of 0.37. Cheniere Energy, Inc. has a 1-year low of $180.62 and a 1-year high of $257.65. The business’s 50 day simple moving average is $234.26 and its 200 day simple moving average is $232.82.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, August 7th. The energy company reported $7.30 EPS for the quarter, beating analysts’ consensus estimates of $2.35 by $4.95. Cheniere Energy had a return on equity of 37.83% and a net margin of 21.05%.The firm had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.48 billion. During the same period in the prior year, the firm posted $3.84 EPS. The company’s revenue for the quarter was up 42.8% on a year-over-year basis. As a group, research analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Analyst Ratings Changes

Several research firms have issued reports on LNG. Cowen reiterated a “buy” rating on shares of Cheniere Energy in a research note on Friday, August 8th. Zacks Research upgraded Cheniere Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 6th. Mizuho boosted their target price on Cheniere Energy from $268.00 to $273.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Bank of America lifted their price objective on Cheniere Energy from $258.00 to $271.00 and gave the company a “buy” rating in a report on Wednesday, June 25th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Cheniere Energy in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Cheniere Energy currently has a consensus rating of “Buy” and a consensus target price of $266.93.

Cheniere Energy 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.