Smartleaf Asset Management LLC Acquires 474 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Smartleaf Asset Management LLC boosted its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 44.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,539 shares of the energy company’s stock after acquiring an additional 474 shares during the period. Smartleaf Asset Management LLC’s holdings in Cheniere Energy were worth $328,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB lifted its position in Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after acquiring an additional 75 shares during the last quarter. WR Wealth Planners LLC increased its stake in shares of Cheniere Energy by 373.1% during the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after purchasing an additional 97 shares during the period. Capital Performance Advisors LLP acquired a new stake in Cheniere Energy during the 3rd quarter worth approximately $28,000. Adirondack Trust Co. bought a new stake in Cheniere Energy in the 4th quarter valued at $43,000. Finally, City Holding Co. bought a new stake in Cheniere Energy in the 4th quarter valued at $50,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. UBS Group lifted their target price on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, November 15th. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. 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 report on Tuesday, January 21st. Wells Fargo & Company raised their target price on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Finally, Stifel Nicolaus lifted their price target on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, February 21st. One investment analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $235.75.

Insider Buying and Selling

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the business’s 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 sale, the director now owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.29% of the stock is owned by corporate insiders.

Cheniere Energy Trading Down 0.2 %

Shares of LNG stock opened at $220.39 on Wednesday. Cheniere Energy, Inc. has a fifty-two week low of $152.31 and a fifty-two week high of $257.65. The stock’s fifty day moving average price is $224.70 and its two-hundred day moving average price is $205.82. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The company has a market cap of $49.29 billion, a PE ratio of 15.49 and a beta of 0.98.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Equities analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.91%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is presently 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.