Signal Advisors Wealth LLC Has $1.43 Million Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Signal Advisors Wealth LLC trimmed its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 6.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Carolinas Wealth Consulting LLC grew its position in Cheniere Energy by 5,000.0% in the second quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company’s stock valued at $27,000 after acquiring an additional 150 shares during the period. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Cheniere Energy in the 3rd quarter valued at $27,000. Capital Performance Advisors LLP bought a new stake in shares of Cheniere Energy in the 3rd quarter worth about $28,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Cheniere Energy during the 2nd quarter worth about $30,000. Finally, ORG Wealth Partners LLC bought a new position in Cheniere Energy during the 3rd quarter valued at about $53,000. 87.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on LNG. TD Cowen boosted their target price on Cheniere Energy from $202.00 to $242.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Bank of America started coverage on Cheniere Energy in a research note on Thursday, October 17th. They issued a “buy” rating and a $215.00 price objective on the stock. UBS Group raised their target price on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Scotiabank assumed coverage on Cheniere Energy in a report on Friday. They issued a “sector outperform” rating and a $242.00 price target for the company. Finally, Stifel Nicolaus increased their price objective on shares of Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $226.55.

Cheniere Energy Stock Up 2.0 %

Shares of Cheniere Energy stock opened at $229.69 on Tuesday. The business has a fifty day simple moving average of $215.81 and a 200 day simple moving average of $193.53. The stock has a market cap of $51.53 billion, a PE ratio of 14.67 and a beta of 0.99. 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 issued its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $2.06. The firm 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 company’s revenue was down 9.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.37 earnings per share. Research analysts predict that Cheniere Energy, Inc. will post 11.25 EPS for the current year.

Cheniere Energy Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Investors 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 is currently 12.77%.

Cheniere Energy Company 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.