Level Four Advisory Services LLC Reduces Position in Cheniere Energy, Inc. (NYSEAMERICAN:LNG)

Level Four Advisory Services LLC lessened its holdings in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 50.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,745 shares of the energy company’s stock after selling 1,785 shares during the period. Level Four Advisory Services LLC’s holdings in Cheniere Energy were worth $275,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of LNG. Scotia Capital Inc. lifted its holdings in Cheniere Energy by 5.0% during the first quarter. Scotia Capital Inc. now owns 1,428 shares of the energy company’s stock worth $225,000 after buying an additional 68 shares during the period. Meiji Yasuda Asset Management Co Ltd. increased its position in shares of Cheniere Energy by 0.8% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 8,810 shares of the energy company’s stock worth $1,321,000 after purchasing an additional 70 shares in the last quarter. Veracity Capital LLC increased its position in shares of Cheniere Energy by 3.6% during the first quarter. Veracity Capital LLC now owns 2,185 shares of the energy company’s stock worth $344,000 after purchasing an additional 75 shares in the last quarter. Meridian Wealth Management LLC increased its position in shares of Cheniere Energy by 0.4% during the fourth quarter. Meridian Wealth Management LLC now owns 18,334 shares of the energy company’s stock worth $2,749,000 after purchasing an additional 76 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in shares of Cheniere Energy by 7.9% during the fourth quarter. Bessemer Group Inc. now owns 1,068 shares of the energy company’s stock worth $160,000 after purchasing an additional 78 shares in the last quarter. Hedge funds and other institutional investors own 85.86% of the company’s stock.

Cheniere Energy Stock Down 0.1 %

Shares of NYSEAMERICAN LNG opened at $163.33 on Tuesday. The stock has a market cap of $39.30 billion, a PE ratio of 4.81, a PEG ratio of 0.33 and a beta of 1.02. The business has a fifty day moving average of $153.36 and a two-hundred day moving average of $152.22. Cheniere Energy, Inc. has a 52-week low of $135.00 and a 52-week high of $182.35. The company has a debt-to-equity ratio of 3.60, a quick ratio of 1.25 and a current ratio of 1.33.

Cheniere Energy (NYSEAMERICAN:LNG) last announced its earnings results on Thursday, August 3rd. The energy company reported $5.61 earnings per share for the quarter, beating analysts’ consensus estimates of $2.81 by $2.80. Cheniere Energy had a return on equity of 481.80% and a net margin of 28.47%. The company had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.25 billion. During the same period last year, the company posted $2.90 earnings per share. The firm’s quarterly revenue was down 48.8% compared to the same quarter last year. As a group, equities research analysts expect that Cheniere Energy, Inc. will post 16.65 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 16th. Investors of record on Wednesday, August 9th were given a $0.395 dividend. The ex-dividend date of this dividend was Tuesday, August 8th. This represents a $1.58 dividend on an annualized basis and a yield of 0.97%. Cheniere Energy’s payout ratio is 4.65%.

Analyst Ratings Changes

Several equities analysts recently issued reports on LNG shares. Capital One Financial started coverage on Cheniere Energy in a research report on Wednesday, September 6th. They issued an “overweight” rating and a $200.00 target price on the stock. Mizuho cut their price target on Cheniere Energy from $200.00 to $187.00 in a research report on Thursday, June 22nd. StockNews.com started coverage on Cheniere Energy in a research report on Saturday, August 19th. They set a “strong-buy” rating on the stock. Bank of America increased their price target on Cheniere Energy from $172.00 to $194.00 and gave the stock a “buy” rating in a research report on Thursday, September 14th. Finally, Wells Fargo & Company cut their price target on Cheniere Energy from $230.00 to $222.00 in a research report on Tuesday, August 8th. Twelve equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $199.62.

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 pipeline interconnecting the Sabine Pass LNG terminal with various interstate 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.