Kapitalo Investimentos Ltda Invests $726,000 in Cheniere Energy, Inc. (NYSE:LNG)

Kapitalo Investimentos Ltda acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG) during the third quarter, HoldingsChannel.com reports. The fund acquired 4,036 shares of the energy company’s stock, valued at approximately $726,000.

Several other large investors also recently modified their holdings of LNG. Daiwa Securities Group Inc. boosted its position in Cheniere Energy by 27.1% during the first quarter. Daiwa Securities Group Inc. now owns 29,235 shares of the energy company’s stock valued at $4,715,000 after acquiring an additional 6,235 shares during the last quarter. Sei Investments Co. increased its holdings in Cheniere Energy by 6.7% in the first quarter. Sei Investments Co. now owns 187,236 shares of the energy company’s stock worth $30,198,000 after purchasing an additional 11,800 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its stake in Cheniere Energy by 103.3% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 31,577 shares of the energy company’s stock valued at $5,093,000 after buying an additional 16,044 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Cheniere Energy by 215.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 62,551 shares of the energy company’s stock worth $10,936,000 after buying an additional 42,737 shares in the last quarter. Finally, Silvercrest Asset Management Group LLC acquired a new stake in shares of Cheniere Energy during the 1st quarter worth approximately $818,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LNG has been the topic of several research analyst reports. Stifel Nicolaus cut their target price on shares of Cheniere Energy from $208.00 to $204.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Sanford C. Bernstein initiated coverage on shares of Cheniere Energy in a research report on Monday, June 24th. They set an “outperform” rating on the stock. Finally, Barclays upped their price target on Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Cheniere Energy has an average rating of “Moderate Buy” and an average target price of $195.43.

Cheniere Energy Stock Down 2.6 %

LNG stock opened at $183.78 on Wednesday. The firm has a market capitalization of $42.07 billion, a PE ratio of 8.95 and a beta of 0.94. The stock’s 50 day moving average is $182.99 and its 200-day moving average is $171.00. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $193.16. The company has a quick ratio of 0.93, a current ratio of 1.02 and a debt-to-equity ratio of 2.63.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, August 8th. The energy company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.83 by $0.12. Cheniere Energy had a net margin of 27.05% and a return on equity of 39.42%. The company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $2.04 billion. Sell-side analysts expect that Cheniere Energy, Inc. will post 9.76 EPS for the current fiscal year.

Cheniere Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 14th. Stockholders of record on Wednesday, August 7th were issued a $0.775 dividend. The ex-dividend date was Wednesday, August 7th. This is a positive change from Cheniere Energy’s previous quarterly dividend of $0.62. This represents a $3.10 annualized dividend and a dividend yield of 1.69%. Cheniere Energy’s dividend payout ratio is currently 8.48%.

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.