Cheniere Energy, Inc. $LNG Shares Acquired by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC increased its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 61.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,780 shares of the energy company’s stock after acquiring an additional 3,333 shares during the period. Fidelis Capital Partners LLC’s holdings in Cheniere Energy were worth $2,071,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of LNG. Altman Advisors Inc. grew its stake in shares of Cheniere Energy by 0.4% in the 1st quarter. Altman Advisors Inc. now owns 10,162 shares of the energy company’s stock worth $2,348,000 after purchasing an additional 43 shares during the last quarter. Hemington Wealth Management boosted its holdings in Cheniere Energy by 14.0% during the first quarter. Hemington Wealth Management now owns 390 shares of the energy company’s stock worth $90,000 after buying an additional 48 shares in the last quarter. Brooklyn Investment Group grew its position in Cheniere Energy by 5.0% in the first quarter. Brooklyn Investment Group now owns 1,007 shares of the energy company’s stock worth $233,000 after buying an additional 48 shares during the last quarter. Fielder Capital Group LLC grew its position in Cheniere Energy by 1.8% in the second quarter. Fielder Capital Group LLC now owns 2,964 shares of the energy company’s stock worth $722,000 after buying an additional 51 shares during the last quarter. Finally, Venturi Wealth Management LLC increased its holdings in shares of Cheniere Energy by 4.0% in the first quarter. Venturi Wealth Management LLC now owns 1,356 shares of the energy company’s stock valued at $314,000 after buying an additional 52 shares in the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Price Performance

NYSE LNG opened at $207.83 on Monday. Cheniere Energy, Inc. has a 52-week low of $188.70 and a 52-week high of $257.65. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.98 and a quick ratio of 0.85. The firm has a market capitalization of $44.73 billion, a price-to-earnings ratio of 12.13, a price-to-earnings-growth ratio of 6.08 and a beta of 0.36. The company has a 50 day simple moving average of $227.67 and a 200-day simple moving average of $232.48.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Wednesday, October 29th. The energy company reported $4.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.75 by $2.00. The firm had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.87 billion. Cheniere Energy had a net margin of 21.05% and a return on equity of 37.83%. The company’s revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the company earned $3.93 earnings per share. Equities research analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 18th. Shareholders of record on Friday, November 7th will be given a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, November 7th. This is an increase from Cheniere Energy’s previous quarterly dividend of $0.50. This represents a $2.22 dividend on an annualized basis and a yield of 1.1%. Cheniere Energy’s dividend payout ratio (DPR) is currently 12.37%.

Analysts Set New Price Targets

Several research firms have recently weighed in on LNG. Mizuho raised their price objective on Cheniere Energy from $268.00 to $273.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Raymond James Financial reiterated a “strong-buy” rating and issued a $278.00 price target (up previously from $275.00) on shares of Cheniere Energy in a research report on Friday, October 24th. Cowen reissued a “buy” rating on shares of Cheniere Energy in a research note on Friday, August 8th. Barclays reaffirmed an “overweight” rating and set a $262.00 price objective (up from $253.00) on shares of Cheniere Energy in a research note on Tuesday, July 15th. Finally, TD Cowen lifted their target price on shares of Cheniere Energy from $265.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $268.73.

Insider Activity at Cheniere Energy

In other news, Director W Benjamin Moreland purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were bought at an average price of $208.22 per share, with a total value of $1,041,100.00. Following the completion of the transaction, the director directly owned 9,856 shares in the company, valued at $2,052,216.32. This trade represents a 102.97% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.26% of the stock is currently owned by corporate insiders.

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.