Hudson Value Partners LLC Has $2.66 Million Position in Cheniere Energy, Inc. (NYSE:LNG)

Hudson Value Partners LLC increased its stake in Cheniere Energy, Inc. (NYSE:LNG) by 5.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 12,386 shares of the energy company’s stock after purchasing an additional 628 shares during the quarter. Hudson Value Partners LLC’s holdings in Cheniere Energy were worth $2,661,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Convergence Investment Partners LLC increased its position in shares of Cheniere Energy by 81.1% during the fourth quarter. Convergence Investment Partners LLC now owns 11,708 shares of the energy company’s stock valued at $2,516,000 after purchasing an additional 5,243 shares during the period. Kestra Investment Management LLC bought a new stake in Cheniere Energy in the fourth quarter valued at $461,000. Venturi Wealth Management LLC grew its holdings in shares of Cheniere Energy by 1,217.2% during the fourth quarter. Venturi Wealth Management LLC now owns 1,304 shares of the energy company’s stock worth $280,000 after purchasing an additional 1,205 shares during the last quarter. D.A. Davidson & CO. grew its holdings in shares of Cheniere Energy by 6.6% during the fourth quarter. D.A. Davidson & CO. now owns 9,964 shares of the energy company’s stock worth $2,141,000 after purchasing an additional 619 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in shares of Cheniere Energy by 1.6% during the fourth quarter. Truist Financial Corp now owns 29,029 shares of the energy company’s stock worth $6,237,000 after purchasing an additional 446 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LNG. TD Cowen upped their price target on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Morgan Stanley raised their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Wells Fargo & Company lifted their target price on Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Barclays lifted their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Finally, Scotiabank boosted their price target on Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $234.25.

Cheniere Energy Price Performance

LNG stock opened at $215.43 on Wednesday. The company has a market capitalization of $48.34 billion, a P/E ratio of 13.76 and a beta of 0.98. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a 52-week low of $152.31 and a 52-week high of $257.65. The business has a 50-day simple moving average of $222.56 and a two-hundred day simple moving average of $202.72.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.93%. Cheniere Energy’s payout ratio is presently 12.77%.

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 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.