Jump Financial LLC Raises Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Jump Financial LLC raised its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 132.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,834 shares of the energy company’s stock after purchasing an additional 7,882 shares during the quarter. Jump Financial LLC’s holdings in Cheniere Energy were worth $2,973,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Aldebaran Financial Inc. raised its holdings in shares of Cheniere Energy by 26.1% during the third quarter. Aldebaran Financial Inc. now owns 5,195 shares of the energy company’s stock worth $934,000 after purchasing an additional 1,076 shares during the last quarter. World Investment Advisors LLC purchased a new stake in Cheniere Energy during the third quarter worth $225,000. Wilmington Savings Fund Society FSB acquired a new stake in Cheniere Energy during the third quarter valued at $159,000. Castellan Group purchased a new position in Cheniere Energy in the third quarter valued at $5,515,000. Finally, Versant Capital Management Inc raised its position in shares of Cheniere Energy by 75.3% in the fourth quarter. Versant Capital Management Inc now owns 533 shares of the energy company’s stock worth $115,000 after acquiring an additional 229 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director G Andrea Botta sold 9,000 shares of the company’s 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 in the company, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.29% of the company’s stock.

Cheniere Energy Price Performance

NYSE:LNG opened at $231.52 on Friday. Cheniere Energy, Inc. has a one year low of $153.03 and a one year high of $257.65. The stock has a market cap of $51.59 billion, a PE ratio of 16.27 and a beta of 0.67. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The stock has a 50 day moving average price of $219.97 and a 200 day moving average price of $214.56.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.74 by $1.59. The business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. Equities 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 announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.86%. Cheniere Energy’s payout ratio is 14.05%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on LNG. Stifel Nicolaus raised their target price on Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Morgan Stanley raised 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. Argus initiated coverage on Cheniere Energy in a research note on Tuesday, March 18th. They set a “buy” rating and a $255.00 target price for the company. The Goldman Sachs Group lifted their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Finally, StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Fifteen research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $245.77.

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.