Compound Global Advisors LLC Takes $215,000 Position in Cheniere Energy, Inc. (NYSE:LNG)

Compound Global Advisors LLC acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,000 shares of the energy company’s stock, valued at approximately $215,000.

Other institutional investors have also added to or reduced their stakes in the company. Creative Planning bought a new stake in shares of Cheniere Energy in the second quarter worth about $276,000. Truist Financial Corp increased its stake in shares of Cheniere Energy by 6.9% during the second quarter. Truist Financial Corp now owns 19,487 shares of the energy company’s stock valued at $957,000 after buying an additional 1,255 shares during the period. Cetera Investment Advisers raised its holdings in shares of Cheniere Energy by 40.8% during the second quarter. Cetera Investment Advisers now owns 43,345 shares of the energy company’s stock valued at $2,129,000 after acquiring an additional 12,554 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Cheniere Energy in the second quarter worth $417,000. Finally, Brookstone Capital Management boosted its holdings in Cheniere Energy by 10.3% in the third quarter. Brookstone Capital Management now owns 1,654 shares of the energy company’s stock valued at $297,000 after acquiring an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Trading Up 1.8 %

Cheniere Energy stock opened at $221.38 on Tuesday. Cheniere Energy, Inc. has a 12 month low of $152.31 and a 12 month high of $257.65. The company has a market capitalization of $49.67 billion, a price-to-earnings ratio of 14.14 and a beta of 0.98. The business’s fifty day simple moving average is $223.48 and its two-hundred day simple moving average is $201.23. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.90%. The ex-dividend date is Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is 12.77%.

Analyst Ratings Changes

Several brokerages have commented on LNG. Stifel Nicolaus upped 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. Bank of America initiated coverage on shares of Cheniere Energy in a research note on Thursday, October 17th. They issued a “buy” rating and a $215.00 price target for the company. The Goldman Sachs Group lifted their price objective on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. TD Cowen increased their target price on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, Scotiabank raised their target price on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, Cheniere Energy currently has an average rating of “Moderate Buy” and an average target price of $234.25.

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.