Cheniere Energy, Inc. (NYSE:LNG) Shares Bought by Kayne Anderson Capital Advisors LP

Kayne Anderson Capital Advisors LP lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 4.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,389,026 shares of the energy company’s stock after acquiring an additional 62,368 shares during the quarter. Cheniere Energy comprises approximately 7.0% of Kayne Anderson Capital Advisors LP’s holdings, making the stock its 4th biggest holding. Kayne Anderson Capital Advisors LP owned approximately 0.62% of Cheniere Energy worth $298,460,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in LNG. Geneos Wealth Management Inc. raised its stake in shares of Cheniere Energy by 10.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company’s stock valued at $99,000 after purchasing an additional 43 shares during the period. Flagship Harbor Advisors LLC increased its stake in Cheniere Energy by 2.0% during the 4th quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company’s stock worth $503,000 after buying an additional 46 shares during the period. Larson Financial Group LLC lifted its holdings in Cheniere Energy by 1.7% in the 4th quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company’s stock worth $719,000 after buying an additional 55 shares in the last quarter. Hourglass Capital LLC boosted its position in Cheniere Energy by 0.6% in the 4th quarter. Hourglass Capital LLC now owns 10,950 shares of the energy company’s stock valued at $2,353,000 after buying an additional 60 shares during the last quarter. Finally, Chemistry Wealth Management LLC grew its stake in shares of Cheniere Energy by 5.2% during the fourth quarter. Chemistry Wealth Management LLC now owns 1,241 shares of the energy company’s stock valued at $267,000 after acquiring an additional 61 shares in the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Stock Performance

Shares of NYSE LNG opened at $211.17 on Wednesday. Cheniere Energy, Inc. has a 12-month low of $152.88 and a 12-month high of $257.65. The company has a market cap of $47.23 billion, a PE ratio of 14.84 and a beta of 0.94. The stock has a 50 day simple moving average of $225.11 and a 200-day simple moving average of $206.97. 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 (NYSE:LNG) last released its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $1.59. The company had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. On average, equities research analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Morgan Stanley increased their target price on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Scotiabank reiterated an “outperform” rating on shares of Cheniere Energy in a research note on Thursday, March 6th. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. TD Cowen lifted their price target on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Finally, The Goldman Sachs Group boosted their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. One equities research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $236.33.

Insider Activity

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.29% of the company’s stock.

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.