Bensler LLC Takes $4.34 Million Position in Cheniere Energy, Inc. (NYSE:LNG)

Bensler LLC bought a new stake in Cheniere Energy, Inc. (NYSE:LNG) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 20,191 shares of the energy company’s stock, valued at approximately $4,338,000.

A number of other institutional investors have also modified their holdings of LNG. MassMutual Private Wealth & Trust FSB raised its stake in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after purchasing an additional 75 shares in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Cheniere Energy during the 3rd quarter valued at about $27,000. Capital Performance Advisors LLP bought a new stake in shares of Cheniere Energy during the 3rd quarter valued at about $28,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Cheniere Energy during the 2nd quarter valued at about $30,000. Finally, Adirondack Trust Co. bought a new stake in shares of Cheniere Energy during the 4th quarter valued at about $43,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Wall Street Analysts Forecast Growth

LNG has been the subject of a number of recent research reports. Stifel Nicolaus boosted their price objective on shares of Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Scotiabank boosted their price objective on shares of Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research report on Tuesday, January 21st. Royal Bank of Canada boosted their price objective 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. TD Cowen boosted their price objective on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research report on Monday. Finally, Bank of America started coverage on shares of Cheniere Energy in a research report on Thursday, October 17th. They set a “buy” rating and a $215.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, Cheniere Energy currently has an average rating of “Moderate Buy” and a consensus price target of $232.36.

Cheniere Energy Trading Up 0.2 %

Shares of NYSE:LNG opened at $224.88 on Tuesday. The company has a 50 day moving average of $222.57 and a 200-day moving average of $197.94. The firm has a market cap of $50.46 billion, a P/E ratio of 14.41 and a beta of 0.99. 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.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $2.06. The company had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The business’s revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.37 EPS. As a group, analysts anticipate that Cheniere Energy, Inc. will post 12.67 earnings per share for the current fiscal year.

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.