GAMMA Investing LLC Invests $80,000 in Cheniere Energy, Inc. (NYSE:LNG)

GAMMA Investing LLC bought a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 486 shares of the energy company’s stock, valued at approximately $80,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Sapient Capital LLC acquired a new position in shares of Cheniere Energy in the 4th quarter worth $1,283,000. Mackenzie Financial Corp boosted its holdings in shares of Cheniere Energy by 28.9% in the fourth quarter. Mackenzie Financial Corp now owns 198,555 shares of the energy company’s stock worth $33,895,000 after buying an additional 44,508 shares during the period. Oak Thistle LLC acquired a new stake in shares of Cheniere Energy during the fourth quarter valued at approximately $1,144,000. Rheos Capital Works Inc. purchased a new stake in shares of Cheniere Energy in the 4th quarter valued at approximately $8,894,000. Finally, Riverstone Advisors LLC boosted its stake in Cheniere Energy by 3.6% in the 4th quarter. Riverstone Advisors LLC now owns 14,882 shares of the energy company’s stock worth $2,540,000 after purchasing an additional 513 shares during the period. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Trading Up 1.6 %

NYSE LNG opened at $161.69 on Tuesday. Cheniere Energy, Inc. has a 1-year low of $135.30 and a 1-year high of $183.46. The firm has a market capitalization of $37.30 billion, a P/E ratio of 3.99 and a beta of 0.94. The firm’s 50 day moving average is $157.98. The company has a quick ratio of 1.51, a current ratio of 1.63 and a debt-to-equity ratio of 2.59.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, February 22nd. The energy company reported $5.76 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $3.06. The firm had revenue of $4.82 billion for the quarter, compared to analysts’ expectations of $4.37 billion. Cheniere Energy had a return on equity of 69.52% and a net margin of 48.45%. The business’s revenue was down 46.9% compared to the same quarter last year. During the same period in the prior year, the business posted $15.78 earnings per share. On average, analysts predict that Cheniere Energy, Inc. will post 8.39 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Friday, May 10th will be given a $0.435 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This represents a $1.74 annualized dividend and a yield of 1.08%. Cheniere Energy’s payout ratio is 4.30%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Redburn Atlantic started coverage on shares of Cheniere Energy in a research note on Tuesday, April 16th. They set a “neutral” rating and a $162.00 target price on the stock. TD Cowen lowered their target price on Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 27th. UBS Group lowered their price objective on shares of Cheniere Energy from $223.00 to $206.00 and set a “buy” rating on the stock in a research report on Wednesday, April 24th. Barclays lifted their price objective on shares of Cheniere Energy from $192.00 to $194.00 and gave the company an “overweight” rating in a research note on Wednesday, January 17th. Finally, StockNews.com downgraded shares of Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, April 8th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $193.90.

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.