Y.D. More Investments Ltd Acquires 4,900 Shares of Cheniere Energy, Inc. $LNG

Y.D. More Investments Ltd grew its holdings in shares of Cheniere Energy, Inc. (NYSE:LNGFree Report) by 980.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,400 shares of the energy company’s stock after buying an additional 4,900 shares during the quarter. Y.D. More Investments Ltd’s holdings in Cheniere Energy were worth $1,532,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. First Horizon Corp increased its position in shares of Cheniere Energy by 7.7% in the first quarter. First Horizon Corp now owns 517 shares of the energy company’s stock valued at $147,000 after acquiring an additional 37 shares during the last quarter. Signal Advisors Wealth LLC increased its position in shares of Cheniere Energy by 2.9% during the 1st quarter. Signal Advisors Wealth LLC now owns 1,497 shares of the energy company’s stock worth $425,000 after purchasing an additional 42 shares during the last quarter. Independence Bank of Kentucky raised its stake in shares of Cheniere Energy by 6.8% during the 1st quarter. Independence Bank of Kentucky now owns 725 shares of the energy company’s stock worth $206,000 after purchasing an additional 46 shares in the last quarter. Quest Investment Management LLC raised its stake in shares of Cheniere Energy by 6.1% during the 3rd quarter. Quest Investment Management LLC now owns 875 shares of the energy company’s stock worth $206,000 after purchasing an additional 50 shares in the last quarter. Finally, Aviso Wealth Management boosted its holdings in shares of Cheniere Energy by 2.1% in the 4th quarter. Aviso Wealth Management now owns 2,489 shares of the energy company’s stock valued at $484,000 after buying an additional 50 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Trading Down 0.0%

Shares of LNG stock opened at $258.57 on Monday. Cheniere Energy, Inc. has a 12-month low of $186.20 and a 12-month high of $300.89. The company has a market capitalization of $54.18 billion, a PE ratio of 42.53 and a beta of -0.01. The firm has a 50 day moving average price of $241.65 and a two-hundred day moving average price of $237.37. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 2.55.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Shareholders of record on Monday, May 11th were issued a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Monday, May 11th. Cheniere Energy’s dividend payout ratio is currently 36.51%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. BMO Capital Markets upped their price target on shares of Cheniere Energy from $265.00 to $306.00 and gave the stock an “outperform” rating in a research report on Monday, March 23rd. The Goldman Sachs Group boosted their price objective on shares of Cheniere Energy from $276.00 to $312.00 and gave the stock a “buy” rating in a research note on Tuesday, March 24th. Wall Street Zen cut Cheniere Energy from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. Morgan Stanley lowered their price target on Cheniere Energy from $313.00 to $308.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 21st. Finally, Weiss Ratings lowered Cheniere Energy from a “buy (b)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $297.71.

View Our Latest Stock Analysis on Cheniere Energy

Key Cheniere Energy News

Here are the key news stories impacting Cheniere Energy this week:

Cheniere Energy Profile

(Free Report)

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long?term and short?term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.

See Also

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Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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