9,816 Cheniere Energy, Inc. $LNG Shares Acquired by Lido Advisors LLC

Lido Advisors LLC raised its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 11.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 93,850 shares of the energy company’s stock after acquiring an additional 9,816 shares during the quarter. Lido Advisors LLC’s holdings in Cheniere Energy were worth $25,249,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp raised its position in shares of Cheniere Energy by 174.3% in the first quarter. Bank of New York Mellon Corp now owns 2,244,268 shares of the energy company’s stock valued at $636,834,000 after purchasing an additional 1,426,058 shares during the period. Wellington Management Group LLP lifted its stake in shares of Cheniere Energy by 210.1% during the 2nd quarter. Wellington Management Group LLP now owns 2,444,403 shares of the energy company’s stock valued at $584,237,000 after buying an additional 1,656,194 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Cheniere Energy by 12.6% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,135,088 shares of the energy company’s stock valued at $510,307,000 after buying an additional 239,680 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Cheniere Energy by 50.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 867,496 shares of the energy company’s stock worth $246,161,000 after buying an additional 289,963 shares during the period. Finally, Chickasaw Capital Management LLC boosted its holdings in Cheniere Energy by 4.4% in the 3rd quarter. Chickasaw Capital Management LLC now owns 893,452 shares of the energy company’s stock worth $240,365,000 after buying an additional 37,325 shares during the period. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Price Performance

NYSE:LNG opened at $303.99 on Thursday. Cheniere Energy, Inc. has a 52-week low of $186.20 and a 52-week high of $330.73. The stock has a fifty day moving average of $283.76 and a 200 day moving average of $259.32. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.76 and a current ratio of 0.90. The firm has a market capitalization of $62.08 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 0.90 and a beta of 0.01.

Cheniere Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 17th. Stockholders of record on Monday, November 9th will be given a dividend of $0.6250 per share. This is a boost from Cheniere Energy’s previous quarterly dividend of $0.5550. The ex-dividend date is Monday, November 9th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 0.8%. Cheniere Energy’s dividend payout ratio is 17.45%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LNG. JPMorgan Chase & Co. lifted their price objective on shares of Cheniere Energy from $334.00 to $344.00 and gave the company an “overweight” rating in a research note on Friday, October 23rd. Bank of America restated a “buy” rating on shares of Cheniere Energy in a research report on Friday, October 30th. Barclays increased their target price on Cheniere Energy from $287.00 to $328.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $340.00 price target on shares of Cheniere Energy in a report on Monday, October 19th. Finally, Weiss Ratings upgraded Cheniere Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Cheniere Energy presently has an average rating of “Buy” and a consensus target price of $324.41.

Cheniere Energy Company Profile

Cheniere Energy, Inc. is a U.S. energy company focused on producing and exporting liquefied natural gas (LNG). Its operations include the Sabine Pass LNG facility in Louisiana and the Corpus Christi LNG facility in Texas, where natural gas is processed and liquefied for shipment. The company supplies LNG to customers in international markets, including countries in Asia, Europe and Latin America. Its activities also include sourcing natural gas and marketing LNG under long-term and other sales agreements.