Sapient Capital LLC Buys 69 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Sapient Capital LLC increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 0.8% during the first quarter, HoldingsChannel.com reports. The firm owned 8,305 shares of the energy company’s stock after buying an additional 69 shares during the period. Sapient Capital LLC’s holdings in Cheniere Energy were worth $1,922,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in LNG. WR Wealth Planners LLC lifted its holdings in shares of Cheniere Energy by 373.1% in the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after buying an additional 97 shares in the last quarter. REAP Financial Group LLC increased its holdings in Cheniere Energy by 150.0% during the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company’s stock worth $27,000 after acquiring an additional 75 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in Cheniere Energy in the 4th quarter worth approximately $29,000. Banque Transatlantique SA bought a new position in Cheniere Energy in the 4th quarter valued at $32,000. Finally, Nemes Rush Group LLC grew its position in shares of Cheniere Energy by 2,022.2% during the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company’s stock valued at $41,000 after purchasing an additional 182 shares in the last quarter. Institutional investors own 87.26% of the company’s stock.

Wall Street Analysts Forecast Growth

LNG has been the topic of a number of recent analyst reports. TD Cowen increased their price objective on Cheniere Energy from $250.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, May 9th. JPMorgan Chase & Co. boosted their price objective on Cheniere Energy from $252.00 to $265.00 and gave the stock an “overweight” rating in a report on Monday, April 28th. Argus initiated coverage on shares of Cheniere Energy in a research report on Tuesday, March 18th. They issued a “buy” rating and a $255.00 price objective on the stock. Scotiabank dropped their target price on shares of Cheniere Energy from $243.00 to $242.00 and set a “sector outperform” rating for the company in a research report on Tuesday, April 29th. Finally, Mizuho increased their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $252.23.

Insider Transactions at Cheniere Energy

In related 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 transaction of $1,057,499.00. Following the transaction, the director now directly owns 29,733 shares in the company, valued at $7,312,236.69. This trade represents a 12.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.26% of the company’s stock.

Cheniere Energy Trading Down 0.1%

LNG stock opened at $234.76 on Friday. The company has a market capitalization of $52.07 billion, a PE ratio of 16.50 and a beta of 0.43. 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 $154.82 and a one year high of $257.65. The company’s 50 day moving average price is $230.91 and its two-hundred day moving average price is $225.12.

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

Cheniere Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 19th. Stockholders of record on Friday, May 9th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, May 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.85%. Cheniere Energy’s dividend payout ratio (DPR) is currently 14.63%.

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.