Regency Capital Management Inc. DE Makes New $2.74 Million Investment in Cheniere Energy, Inc. $LNG

Regency Capital Management Inc. DE bought a new stake in Cheniere Energy, Inc. (NYSE:LNG) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 9,658 shares of the energy company’s stock, valued at approximately $2,741,000. Cheniere Energy accounts for about 1.2% of Regency Capital Management Inc. DE’s holdings, making the stock its 29th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in LNG. Vanguard Group Inc. lifted its stake in shares of Cheniere Energy by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 21,219,557 shares of the energy company’s stock valued at $4,124,870,000 after acquiring an additional 414,022 shares during the period. State Street Corp increased its position in Cheniere Energy by 2.8% in the fourth quarter. State Street Corp now owns 6,174,695 shares of the energy company’s stock worth $1,200,299,000 after purchasing an additional 167,622 shares during the period. Norges Bank acquired a new stake in Cheniere Energy in the fourth quarter worth about $731,774,000. Victory Capital Management Inc. raised its holdings in Cheniere Energy by 12.5% during the 4th quarter. Victory Capital Management Inc. now owns 2,279,078 shares of the energy company’s stock worth $443,031,000 after purchasing an additional 253,469 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Cheniere Energy by 6.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,263,826 shares of the energy company’s stock worth $440,047,000 after purchasing an additional 134,695 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Price Performance

Shares of LNG opened at $255.53 on Thursday. The company has a current ratio of 0.57, a quick ratio of 0.48 and a debt-to-equity ratio of 2.55. Cheniere Energy, Inc. has a 1 year low of $186.20 and a 1 year high of $300.89. The stock has a market cap of $53.55 billion, a P/E ratio of 42.03 and a beta of -0.01. The stock’s 50-day moving average price is $241.21 and its two-hundred day moving average price is $238.86.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Monday, May 11th were paid a dividend of $0.555 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $2.22 annualized dividend and a yield of 0.9%. Cheniere Energy’s dividend payout ratio (DPR) is presently 36.51%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Wall Street Zen downgraded shares of Cheniere Energy from a “hold” rating to a “sell” rating in a research report on Saturday, June 27th. BMO Capital Markets boosted their price target on shares of Cheniere Energy from $265.00 to $306.00 and gave the stock an “outperform” rating in a research note on Monday, March 23rd. Barclays increased their price objective on shares of Cheniere Energy from $271.00 to $274.00 and gave the company an “overweight” rating in a report on Wednesday. Weiss Ratings cut shares of Cheniere Energy from a “buy (b)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Finally, Sanford C. Bernstein started coverage on shares of Cheniere Energy in a report on Tuesday, June 16th. They set a “market perform” rating and a $283.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $297.88.

Cheniere Energy Profile

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long?term and short?term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.