Rothschild Investment LLC Acquires 673 Shares of Cheniere Energy, Inc. $LNG

Rothschild Investment LLC lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 55.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,893 shares of the energy company’s stock after purchasing an additional 673 shares during the quarter. Rothschild Investment LLC’s holdings in Cheniere Energy were worth $461,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LNG. American Century Companies Inc. grew its holdings in shares of Cheniere Energy by 27.6% during the 1st quarter. American Century Companies Inc. now owns 1,304,253 shares of the energy company’s stock worth $301,804,000 after purchasing an additional 282,050 shares in the last quarter. Thompson Davis & CO. Inc. bought a new stake in Cheniere Energy during the first quarter worth about $529,000. Assetmark Inc. grew its stake in Cheniere Energy by 718.1% during the second quarter. Assetmark Inc. now owns 1,669 shares of the energy company’s stock worth $406,000 after buying an additional 1,465 shares in the last quarter. Fractal Investments LLC grew its stake in Cheniere Energy by 27.7% during the first quarter. Fractal Investments LLC now owns 75,585 shares of the energy company’s stock worth $17,490,000 after buying an additional 16,385 shares in the last quarter. Finally, Trivium Point Advisory LLC increased its holdings in Cheniere Energy by 38.6% in the 1st quarter. Trivium Point Advisory LLC now owns 28,029 shares of the energy company’s stock valued at $6,486,000 after buying an additional 7,808 shares during the period. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Stock Down 0.9%

Shares of NYSE:LNG opened at $213.28 on Wednesday. The company has a fifty day moving average of $224.31 and a 200-day moving average of $231.46. The company has a market capitalization of $45.91 billion, a PE ratio of 12.45, a price-to-earnings-growth ratio of 6.08 and a beta of 0.36. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.85 and a current ratio of 0.98. Cheniere Energy, Inc. has a 52-week low of $188.70 and a 52-week high of $257.65.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings data on Wednesday, October 29th. The energy company reported $4.75 earnings per share for the quarter, beating the consensus estimate of $2.75 by $2.00. Cheniere Energy had a return on equity of 37.83% and a net margin of 21.05%.The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.87 billion. During the same quarter last year, the business posted $3.93 EPS. Cheniere Energy’s revenue for the quarter was up 18.0% on a year-over-year basis. On average, equities analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 18th. Stockholders of record on Friday, November 7th were paid a dividend of $0.555 per share. The ex-dividend date of this dividend was Friday, November 7th. This is a positive change from Cheniere Energy’s previous quarterly dividend of $0.50. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.0%. Cheniere Energy’s payout ratio is 12.37%.

Insider Buying and Selling at Cheniere Energy

In other news, Director W Benjamin Moreland acquired 5,000 shares of the stock in a transaction dated Tuesday, November 4th. The stock was bought at an average price of $208.22 per share, with a total value of $1,041,100.00. Following the completion of the purchase, the director directly owned 9,856 shares of the company’s stock, valued at $2,052,216.32. This represents a 102.97% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Mizuho upped their price target on shares of Cheniere Energy from $268.00 to $273.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. BMO Capital Markets started coverage on Cheniere Energy in a research note on Friday, September 19th. They set an “outperform” rating and a $268.00 target price for the company. Jefferies Financial Group set a $290.00 target price on Cheniere Energy in a report on Thursday, October 30th. Scotiabank lowered their price target on Cheniere Energy from $261.00 to $257.00 and set a “sector outperform” rating for the company in a report on Thursday, November 13th. Finally, Erste Group Bank lowered Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $268.47.

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.