Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC boosted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 50.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 952 shares of the energy company’s stock after purchasing an additional 318 shares during the period. EverSource Wealth Advisors LLC’s holdings in Cheniere Energy were worth $205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Miracle Mile Advisors LLC acquired a new position in Cheniere Energy during the fourth quarter valued at $2,127,000. Fractal Investments LLC increased its holdings in Cheniere Energy by 31.0% in the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company’s stock valued at $12,720,000 after buying an additional 14,000 shares in the last quarter. Anderson Hoagland & Co. purchased a new position in Cheniere Energy in the fourth quarter valued at $2,460,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Cheniere Energy by 31.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company’s stock valued at $7,812,000 after buying an additional 8,756 shares in the last quarter. Finally, Insight Wealth Strategies LLC purchased a new position in Cheniere Energy in the fourth quarter valued at $4,455,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $218.61 on Monday. The firm’s 50 day moving average price is $224.85 and its 200-day moving average price is $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, Inc. has a one year low of $152.88 and a one year high of $257.65. The firm has a market cap of $48.90 billion, a P/E ratio of 15.36 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. As a group, equities research analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was 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 (DPR) is presently 14.05%.

Analyst Ratings Changes

A number of research analysts have weighed in on LNG shares. Barclays lifted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Scotiabank reaffirmed an “outperform” rating on shares of Cheniere Energy in a report on Thursday, March 6th. Stifel Nicolaus lifted their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a report on Friday, February 21st. TD Cowen boosted their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Finally, Morgan Stanley boosted their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, Cheniere Energy has an average rating of “Moderate Buy” and a consensus price target of $236.33.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the sale, the director now directly owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.29% of the stock is owned by company insiders.

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.