Kestra Private Wealth Services LLC Buys 164 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Kestra Private Wealth Services LLC boosted its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 8.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,009 shares of the energy company’s stock after acquiring an additional 164 shares during the period. Kestra Private Wealth Services LLC’s holdings in Cheniere Energy were worth $343,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. HHM Wealth Advisors LLC bought a new stake in shares of Cheniere Energy during the 3rd quarter valued at $25,000. Whittier Trust Co. of Nevada Inc. raised its holdings in Cheniere Energy by 203.4% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 176 shares of the energy company’s stock valued at $29,000 after acquiring an additional 118 shares during the period. OFI Invest Asset Management purchased a new position in shares of Cheniere Energy in the third quarter valued at about $40,000. Rational Advisors LLC bought a new position in shares of Cheniere Energy in the third quarter worth about $59,000. Finally, GAMMA Investing LLC purchased a new stake in shares of Cheniere Energy during the fourth quarter worth about $80,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on LNG shares. StockNews.com cut Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, April 8th. UBS Group dropped their target price on shares of Cheniere Energy from $223.00 to $206.00 and set a “buy” rating for the company in a research report on Wednesday, April 24th. Redburn Atlantic started coverage on shares of Cheniere Energy in a report on Tuesday, April 16th. They issued a “neutral” rating and a $162.00 price target on the stock. Barclays increased their price objective on shares of Cheniere Energy from $192.00 to $194.00 and gave the company an “overweight” rating in a report on Wednesday, January 17th. Finally, Stifel Nicolaus lifted their target price on Cheniere Energy from $204.00 to $208.00 and gave the stock a “buy” rating in a report on Monday. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $196.40.

Cheniere Energy Trading Down 0.4 %

LNG opened at $156.17 on Wednesday. The stock has a 50-day moving average of $157.93. The company has a current ratio of 1.63, a quick ratio of 1.51 and a debt-to-equity ratio of 2.59. Cheniere Energy, Inc. has a 12 month low of $135.30 and a 12 month high of $183.46. The stock has a market capitalization of $36.02 billion, a price-to-earnings ratio of 7.61 and a beta of 0.95.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Friday, May 3rd. The energy company reported $2.13 EPS for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.17). Cheniere Energy had a return on equity of 48.95% and a net margin of 28.55%. The company had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter last year, the firm posted $6.89 EPS. Cheniere Energy’s revenue for the quarter was down 41.8% compared to the same quarter last year. On average, research analysts forecast that Cheniere Energy, Inc. will post 8.4 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The company 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 dividend of $0.435 per share. This represents a $1.74 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend is Thursday, May 9th. Cheniere Energy’s dividend payout ratio (DPR) is 8.48%.

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.