Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by 1620 Investment Advisors Inc.

1620 Investment Advisors Inc. grew its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,506 shares of the energy company’s stock after purchasing an additional 122 shares during the period. 1620 Investment Advisors Inc.’s holdings in Cheniere Energy were worth $538,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. 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 worth $26,000 after acquiring an additional 75 shares during the period. WR Wealth Planners LLC increased its stake in Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after purchasing an additional 97 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Cheniere Energy in the 4th quarter worth about $29,000. Adirondack Trust Co. purchased a new position in Cheniere Energy in the 4th quarter worth about $43,000. Finally, SBI Securities Co. Ltd. purchased a new position in Cheniere Energy in the 4th quarter worth about $46,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Up 1.4 %

Shares of LNG stock opened at $230.52 on Friday. The stock’s 50 day simple moving average is $224.99 and its 200 day simple moving average is $208.46. 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 twelve month low of $152.88 and a twelve month high of $257.65. The company has a market capitalization of $51.56 billion, a price-to-earnings ratio of 16.20 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 earnings per share for the quarter, beating analysts’ consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.44 billion. As a group, research analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s payout ratio is 14.05%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Wells Fargo & Company lifted their price target on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. Stifel Nicolaus lifted their price target on Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. StockNews.com upgraded Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Mizuho raised their price objective on Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Argus started coverage on Cheniere Energy in a research report on Tuesday. They set a “buy” rating and a $255.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $239.79.

Insiders Place Their Bets

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

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.