Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC decreased its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 6.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,634 shares of the energy company’s stock after selling 478 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Cheniere Energy were worth $1,425,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of LNG. Octavia Wealth Advisors LLC lifted its position in Cheniere Energy by 3.7% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 1,498 shares of the energy company’s stock worth $269,000 after acquiring an additional 54 shares during the period. MAI Capital Management lifted its holdings in shares of Cheniere Energy by 1.5% during the third quarter. MAI Capital Management now owns 4,204 shares of the energy company’s stock worth $756,000 after purchasing an additional 62 shares during the period. Sapient Capital LLC grew its position in Cheniere Energy by 0.9% in the 3rd quarter. Sapient Capital LLC now owns 7,514 shares of the energy company’s stock valued at $1,351,000 after buying an additional 67 shares during the last quarter. Quarry LP grew its position in Cheniere Energy by 7.6% in the 3rd quarter. Quarry LP now owns 1,057 shares of the energy company’s stock valued at $190,000 after buying an additional 75 shares during the last quarter. Finally, CWM LLC increased its stake in Cheniere Energy by 2.4% in the 3rd quarter. CWM LLC now owns 3,238 shares of the energy company’s stock valued at $582,000 after buying an additional 76 shares during the period. Institutional investors and hedge funds own 87.26% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on LNG. TD Cowen raised their price target on Cheniere Energy from $202.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Barclays boosted their target price on shares of Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. The Goldman Sachs Group increased their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Royal Bank of Canada boosted their price objective on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Finally, Stifel Nicolaus increased their target price on shares of Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $226.55.

Cheniere Energy Trading Up 2.0 %

Shares of NYSE LNG opened at $229.69 on Tuesday. The company has a market cap of $51.53 billion, a price-to-earnings ratio of 14.67 and a beta of 0.99. The business has a fifty day simple moving average of $215.81 and a 200-day simple moving average of $193.53. 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 12 month low of $152.31 and a 12 month high of $230.11.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $2.06. The firm had revenue of $3.76 billion during the quarter, compared to analysts’ expectations of $3.76 billion. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The business’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.37 earnings per share. Sell-side analysts predict that Cheniere Energy, Inc. will post 11.25 EPS for the current year.

Cheniere Energy Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend was Friday, November 8th. Cheniere Energy’s dividend payout ratio (DPR) is 12.77%.

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.