Fidelis Capital Partners LLC Increases Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Fidelis Capital Partners LLC raised its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,056 shares of the energy company’s stock after purchasing an additional 137 shares during the period. Fidelis Capital Partners LLC’s holdings in Cheniere Energy were worth $1,161,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. US Bancorp DE increased its position in Cheniere Energy by 3.4% during the third quarter. US Bancorp DE now owns 14,536 shares of the energy company’s stock worth $2,614,000 after purchasing an additional 479 shares during the last quarter. Farther Finance Advisors LLC increased its position in Cheniere Energy by 53.3% during the third quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock worth $66,000 after purchasing an additional 128 shares during the last quarter. Van ECK Associates Corp increased its position in Cheniere Energy by 6.9% during the third quarter. Van ECK Associates Corp now owns 112,652 shares of the energy company’s stock worth $20,599,000 after purchasing an additional 7,258 shares during the last quarter. National Pension Service increased its position in Cheniere Energy by 4.7% during the third quarter. National Pension Service now owns 493,280 shares of the energy company’s stock worth $88,534,000 after purchasing an additional 22,314 shares during the last quarter. Finally, QRG Capital Management Inc. increased its position in shares of Cheniere Energy by 8.1% in the third quarter. QRG Capital Management Inc. now owns 60,676 shares of the energy company’s stock worth $10,912,000 after acquiring an additional 4,549 shares in the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on LNG shares. Stifel Nicolaus increased their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. The Goldman Sachs Group increased their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Wells Fargo & Company increased their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Morgan Stanley increased their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Finally, Scotiabank increased their price objective on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. One research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, Cheniere Energy currently has a consensus rating of “Moderate Buy” and an average target price of $235.75.

Insider Buying and Selling at Cheniere Energy

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

Cheniere Energy Price Performance

Shares of LNG stock opened at $220.50 on Tuesday. The company has a market capitalization of $49.32 billion, a PE ratio of 15.50 and a beta of 0.98. The firm has a fifty day simple moving average of $224.50 and a 200-day simple moving average of $205.57. 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, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $4.44 billion. Equities research analysts anticipate 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 Friday, February 21st. Shareholders of record on Friday, February 7th were paid a dividend of $0.50 per share. The ex-dividend date 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 14.05%.

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.