Cheniere Energy, Inc. (NYSE:LNG) Stock Holdings Increased by Strategic Blueprint LLC

Strategic Blueprint LLC lifted its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 28,285 shares of the energy company’s stock after purchasing an additional 184 shares during the quarter. Strategic Blueprint LLC’s holdings in Cheniere Energy were worth $6,078,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Creative Planning bought a new position in Cheniere Energy in the 2nd quarter valued at about $276,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Cheniere Energy by 26.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,954 shares of the energy company’s stock valued at $1,216,000 after acquiring an additional 1,453 shares in the last quarter. Quarry LP increased its stake in shares of Cheniere Energy by 10.2% during the second quarter. Quarry LP now owns 982 shares of the energy company’s stock valued at $172,000 after acquiring an additional 91 shares during the period. B. Riley Wealth Advisors Inc. raised its holdings in Cheniere Energy by 23.8% during the second quarter. B. Riley Wealth Advisors Inc. now owns 6,945 shares of the energy company’s stock worth $341,000 after purchasing an additional 1,336 shares in the last quarter. Finally, Truist Financial Corp lifted its position in Cheniere Energy by 6.9% in the second quarter. Truist Financial Corp now owns 19,487 shares of the energy company’s stock worth $957,000 after purchasing an additional 1,255 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $226.80 on Wednesday. The company has a market capitalization of $50.89 billion, a price-to-earnings ratio of 14.49 and a beta of 0.99. Cheniere Energy, Inc. has a 1-year low of $152.31 and a 1-year 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’s fifty day simple moving average is $222.87 and its 200-day simple moving average is $198.62.

Cheniere Energy (NYSE:LNG) last released its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, beating the consensus estimate of $1.87 by $2.06. The company had revenue of $3.76 billion for 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 in the previous year, the business posted $2.37 EPS. On average, sell-side analysts predict that Cheniere Energy, Inc. will post 12.67 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.88%. Cheniere Energy’s payout ratio is 12.77%.

Analysts Set New Price Targets

LNG has been the topic of several research analyst reports. Stifel Nicolaus lifted their price target on Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Bank of America started coverage on shares of Cheniere Energy in a research report on Thursday, October 17th. They issued a “buy” rating and a $215.00 price target on the stock. Barclays raised their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. TD Cowen boosted their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a report on Monday. Finally, Wells Fargo & Company lifted their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, Cheniere Energy currently has a consensus rating of “Moderate Buy” and an average target price of $232.36.

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.