1,141 Shares in Cheniere Energy, Inc. (NYSE:LNG) Acquired by Kathmere Capital Management LLC

Kathmere Capital Management LLC bought a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,141 shares of the energy company’s stock, valued at approximately $245,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its stake in shares of Cheniere Energy by 195.1% during the 3rd quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company’s stock worth $755,410,000 after buying an additional 2,776,920 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Cheniere Energy by 91.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company’s stock worth $673,927,000 after acquiring an additional 1,789,919 shares during the last quarter. Two Sigma Advisers LP lifted its position in Cheniere Energy by 328.2% during the third quarter. Two Sigma Advisers LP now owns 894,600 shares of the energy company’s stock worth $160,885,000 after acquiring an additional 685,662 shares during the last quarter. Darlington Partners Capital Management LP grew its position in shares of Cheniere Energy by 74.6% in the second quarter. Darlington Partners Capital Management LP now owns 1,514,155 shares of the energy company’s stock valued at $264,720,000 after purchasing an additional 647,096 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Cheniere Energy by 8.5% during the second quarter. The Manufacturers Life Insurance Company now owns 5,270,853 shares of the energy company’s stock worth $921,503,000 after purchasing an additional 413,744 shares during the period. 87.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on LNG. Stifel Nicolaus upped their price objective on Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Wells Fargo & Company upped their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Barclays boosted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a report on Thursday. Bank of America initiated coverage on Cheniere Energy in a research report on Thursday, October 17th. They set a “buy” rating and a $215.00 price target on the stock. Finally, Scotiabank started coverage on Cheniere Energy in a research report on Friday, January 10th. They set a “sector outperform” rating and a $242.00 target price for the company. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $231.18.

Cheniere Energy Price Performance

Shares of LNG stock opened at $253.76 on Friday. The business has a fifty day simple moving average of $217.79 and a 200 day simple moving average of $194.37. The company has a market cap of $56.94 billion, a P/E ratio of 16.20 and a beta of 0.99. The company has a quick ratio of 0.98, a current ratio of 1.07 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 $254.20.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $2.06. The company had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same period last year, the company posted $2.37 EPS. On average, sell-side analysts forecast that Cheniere Energy, Inc. will post 12.66 EPS for the current fiscal year.

Cheniere Energy Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.79%. Cheniere Energy’s payout ratio is presently 12.77%.

Cheniere Energy Company 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.