Avantax Advisory Services Inc. Sells 336 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Avantax Advisory Services Inc. trimmed its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 3.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,406 shares of the energy company’s stock after selling 336 shares during the period. Avantax Advisory Services Inc.’s holdings in Cheniere Energy were worth $2,236,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB grew its holdings in Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after purchasing an additional 75 shares during the period. WR Wealth Planners LLC grew its holdings in Cheniere Energy by 373.1% during the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock valued at $26,000 after purchasing an additional 97 shares during the period. Kohmann Bosshard Financial Services LLC bought a new position in Cheniere Energy during the fourth quarter valued at $29,000. Adirondack Trust Co. bought a new position in Cheniere Energy during the fourth quarter valued at $43,000. Finally, SBI Securities Co. Ltd. bought a new position in Cheniere Energy during the fourth quarter valued at $46,000. 87.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. The Goldman Sachs Group increased their target price on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Scotiabank restated an “outperform” rating on shares of Cheniere Energy in a research report on Thursday, March 6th. StockNews.com upgraded Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Wells Fargo & Company increased their target price on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Finally, Stifel Nicolaus increased their target price on Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. One research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $236.33.

Cheniere Energy Price Performance

NYSE:LNG opened at $218.61 on Monday. The firm has a market capitalization of $48.90 billion, a price-to-earnings ratio of 15.36 and a beta of 0.94. Cheniere Energy, Inc. has a 52-week low of $152.88 and a 52-week high of $257.65. The stock has a fifty day moving average of $224.85 and a 200 day moving average of $207.63. 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 (NYSE:LNG) last issued its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. On average, research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is currently 14.05%.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the sale, the director now owns 33,934 shares of the company’s stock, valued at $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.29% of the company’s stock.

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.