GoalVest Advisory LLC Increases Position in Cheniere Energy, Inc. (NYSE:LNG)

GoalVest Advisory LLC increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 3.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,000 shares of the energy company’s stock after buying an additional 250 shares during the quarter. GoalVest Advisory LLC’s holdings in Cheniere Energy were worth $1,620,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Fractal Investments LLC grew its holdings in shares of Cheniere Energy by 31.0% during the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company’s stock valued at $12,720,000 after buying an additional 14,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Cheniere Energy by 31.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company’s stock valued at $7,812,000 after buying an additional 8,756 shares during the last quarter. Leavell Investment Management Inc. grew its holdings in shares of Cheniere Energy by 10.2% during the fourth quarter. Leavell Investment Management Inc. now owns 19,514 shares of the energy company’s stock valued at $4,193,000 after buying an additional 1,800 shares during the last quarter. Raab & Moskowitz Asset Management LLC grew its holdings in shares of Cheniere Energy by 46.3% during the fourth quarter. Raab & Moskowitz Asset Management LLC now owns 9,345 shares of the energy company’s stock valued at $2,008,000 after buying an additional 2,957 shares during the last quarter. Finally, Martin Investment Management LLC grew its holdings in shares of Cheniere Energy by 615.4% during the fourth quarter. Martin Investment Management LLC now owns 28,223 shares of the energy company’s stock valued at $6,064,000 after buying an additional 24,278 shares during the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Trading Down 0.7%

Shares of Cheniere Energy stock opened at $232.08 on Friday. The firm has a 50-day simple moving average of $227.93 and a two-hundred day simple moving average of $223.66. The company has a market cap of $51.47 billion, a P/E ratio of 16.31 and a beta of 0.41. Cheniere Energy, Inc. has a fifty-two week low of $153.58 and a fifty-two week high of $257.65. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, May 8th. The energy company reported $1.57 earnings per share for the quarter, missing analysts’ consensus estimates of $2.81 by ($1.24). The firm had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The company’s revenue was up 28.0% on a year-over-year basis. During the same quarter last year, the company posted $2.13 EPS. As a group, equities analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, May 9th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.86%. Cheniere Energy’s dividend payout ratio (DPR) is currently 14.63%.

Analyst Upgrades and Downgrades

LNG has been the topic of a number of research analyst reports. Morgan Stanley boosted their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Raymond James reaffirmed a “strong-buy” rating on shares of Cheniere Energy in a report on Wednesday, April 23rd. Wall Street Zen lowered shares of Cheniere Energy from a “buy” rating to a “hold” rating in a report on Friday, May 9th. UBS Group reaffirmed a “buy” rating and issued a $277.00 price target on shares of Cheniere Energy in a report on Tuesday, March 18th. Finally, Bank of America upped their price target on shares of Cheniere Energy from $254.00 to $258.00 and gave the company a “buy” rating in a report on Tuesday, April 29th. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Cheniere Energy presently has a consensus rating of “Moderate Buy” and an average price target of $252.23.

About Cheniere Energy

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.