Toth Financial Advisory Corp Purchases 105 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Toth Financial Advisory Corp lifted its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 2.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,451 shares of the energy company’s stock after buying an additional 105 shares during the quarter. Toth Financial Advisory Corp’s holdings in Cheniere Energy were worth $1,261,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of LNG. Leavell Investment Management Inc. boosted its position in Cheniere Energy by 10.2% during the fourth quarter. Leavell Investment Management Inc. now owns 19,514 shares of the energy company’s stock valued at $4,193,000 after acquiring an additional 1,800 shares during the last quarter. Raab & Moskowitz Asset Management LLC lifted its stake in shares of Cheniere Energy by 46.3% in the 4th quarter. Raab & Moskowitz Asset Management LLC now owns 9,345 shares of the energy company’s stock valued at $2,008,000 after purchasing an additional 2,957 shares during the period. Martin Investment Management LLC boosted its position in shares of Cheniere Energy by 615.4% during the 4th quarter. Martin Investment Management LLC now owns 28,223 shares of the energy company’s stock valued at $6,064,000 after purchasing an additional 24,278 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Cheniere Energy by 3.8% during the 4th quarter. Bessemer Group Inc. now owns 37,378 shares of the energy company’s stock valued at $8,032,000 after purchasing an additional 1,359 shares in the last quarter. Finally, LPL Financial LLC grew its stake in Cheniere Energy by 27.0% during the fourth quarter. LPL Financial LLC now owns 293,201 shares of the energy company’s stock worth $63,000,000 after purchasing an additional 62,338 shares during the period. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Cheniere Energy

In other news, Director Neal A. Shear sold 4,300 shares of the firm’s stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $245.93, for a total value of $1,057,499.00. Following the transaction, the director now owns 29,733 shares in the company, valued at $7,312,236.69. This trade represents a 12.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.26% of the company’s stock.

Analysts Set New Price Targets

LNG has been the topic of several recent analyst reports. Wolfe Research lowered Cheniere Energy from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, April 30th. Argus initiated coverage on shares of Cheniere Energy in a research note on Tuesday, March 18th. They issued a “buy” rating and a $255.00 price objective for the company. Mizuho boosted their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an “outperform” rating in a research report on Tuesday, March 18th. Scotiabank cut their target price on shares of Cheniere Energy from $243.00 to $242.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, April 29th. Finally, TD Cowen raised their price target on shares of Cheniere Energy from $250.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, May 9th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Cheniere Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $252.23.

Cheniere Energy Stock Performance

LNG opened at $243.02 on Monday. Cheniere Energy, Inc. has a 1-year low of $154.82 and a 1-year high of $257.65. The company has a market cap of $53.90 billion, a price-to-earnings ratio of 17.08 and a beta of 0.43. The company’s fifty day moving average price is $229.40 and its two-hundred day moving average price is $224.86. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, May 8th. The energy company reported $1.57 EPS for the quarter, missing the consensus estimate of $2.81 by ($1.24). Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $5.44 billion for the quarter, compared to the consensus estimate of $4.73 billion. During the same period in the previous year, the firm earned $2.13 earnings per share. The company’s revenue was up 28.0% on a year-over-year basis. On average, analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Friday, May 9th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend was Friday, May 9th. Cheniere Energy’s dividend payout ratio is currently 14.63%.

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.