IFP Advisors Inc Has $1.09 Million Stake in Cheniere Energy, Inc. (NYSE:LNG)

IFP Advisors Inc boosted its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 19.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,091 shares of the energy company’s stock after acquiring an additional 812 shares during the quarter. IFP Advisors Inc’s holdings in Cheniere Energy were worth $1,094,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of LNG. MassMutual Private Wealth & Trust FSB increased its position in shares of Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after acquiring an additional 75 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in Cheniere Energy during the 3rd quarter valued at about $28,000. Adirondack Trust Co. bought a new stake in Cheniere Energy during the 4th quarter worth approximately $43,000. City Holding Co. bought a new stake in Cheniere Energy during the 4th quarter worth approximately $50,000. Finally, Farther Finance Advisors LLC raised its stake in shares of Cheniere Energy by 53.3% in the third quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock worth $66,000 after purchasing an additional 128 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Barclays lifted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Scotiabank increased their target price on shares of Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a report on Tuesday, January 21st. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a report on Friday, February 21st. Finally, UBS Group increased their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Cheniere Energy currently has an average rating of “Moderate Buy” and an average target price of $235.75.

Cheniere Energy Trading Up 0.4 %

NYSE:LNG opened at $219.85 on Friday. Cheniere Energy, Inc. has a 12 month low of $152.31 and a 12 month high of $257.65. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The firm’s 50 day moving average is $223.89 and its 200 day moving average is $204.69. The stock has a market capitalization of $49.17 billion, a PE ratio of 15.45 and a beta of 0.98.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. Sell-side analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

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.