Summit Trail Advisors LLC Has $629,000 Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Summit Trail Advisors LLC grew its position in Cheniere Energy, Inc. (NYSE:LNG) by 40.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,929 shares of the energy company’s stock after purchasing an additional 838 shares during the quarter. Summit Trail Advisors LLC’s holdings in Cheniere Energy were worth $629,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB grew its holdings in Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after buying an additional 75 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Cheniere Energy in the third quarter valued at about $28,000. Adirondack Trust Co. acquired a new position in shares of Cheniere Energy in the fourth quarter valued at about $43,000. City Holding Co. bought a new position in Cheniere Energy during the fourth quarter worth about $50,000. Finally, ORG Wealth Partners LLC acquired a new stake in Cheniere Energy in the 3rd quarter worth about $53,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Down 1.2 %

LNG stock opened at $218.83 on Wednesday. The firm has a 50-day moving average price of $223.46 and a 200-day moving average price of $201.55. 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 stock has a market capitalization of $49.10 billion, a P/E ratio of 13.97 and a beta of 0.98.

Cheniere Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a $0.50 dividend. The ex-dividend date is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.91%. Cheniere Energy’s dividend payout ratio is currently 12.77%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Stifel Nicolaus increased their target price on shares of Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a research report on Wednesday, December 4th. UBS Group increased their price target on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Morgan Stanley lifted their price objective on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 31st. TD Cowen increased their target price on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Finally, Barclays boosted their price target on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Cheniere Energy has an average rating of “Moderate Buy” and a consensus target price of $234.25.

Cheniere Energy Company 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 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.