995 Shares in Cheniere Energy, Inc. (NYSE:LNG) Purchased by Longboard Asset Management LP

Longboard Asset Management LP acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 995 shares of the energy company’s stock, valued at approximately $214,000.

A number of other hedge funds also recently bought and sold shares of LNG. abrdn plc grew its position in shares of Cheniere Energy by 3.3% in the fourth quarter. abrdn plc now owns 936,025 shares of the energy company’s stock valued at $199,439,000 after purchasing an additional 29,641 shares in the last quarter. Fourpath Capital Management LLC boosted its stake in Cheniere Energy by 9.5% during the fourth quarter. Fourpath Capital Management LLC now owns 25,382 shares of the energy company’s stock worth $5,454,000 after buying an additional 2,212 shares during the last quarter. Jennison Associates LLC grew its holdings in Cheniere Energy by 10.2% in the 4th quarter. Jennison Associates LLC now owns 1,459,875 shares of the energy company’s stock valued at $313,683,000 after buying an additional 135,515 shares in the last quarter. CENTRAL TRUST Co increased its stake in shares of Cheniere Energy by 4.1% in the 4th quarter. CENTRAL TRUST Co now owns 11,250 shares of the energy company’s stock worth $2,417,000 after acquiring an additional 443 shares during the last quarter. Finally, Valley National Advisers Inc. increased its stake in shares of Cheniere Energy by 29.0% in the 4th quarter. Valley National Advisers Inc. now owns 1,006 shares of the energy company’s stock worth $216,000 after acquiring an additional 226 shares during the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Trading Up 2.7 %

Shares of NYSE LNG opened at $229.77 on Tuesday. The stock has a fifty day simple moving average of $223.15 and a 200-day simple moving average of $199.63. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The stock has a market capitalization of $51.55 billion, a PE ratio of 14.67 and a beta of 0.98.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.87%. Cheniere Energy’s dividend payout ratio (DPR) is presently 12.77%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Royal Bank of Canada boosted their price target on shares of Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Morgan Stanley boosted their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday. Stifel Nicolaus raised their price target on shares of Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Wells Fargo & Company upped their price objective on Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Finally, Barclays raised their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $234.25.

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.