Dynamic Advisor Solutions LLC Has $1.31 Million Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Dynamic Advisor Solutions LLC boosted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 2.1% during the fourth quarter, Holdings Channel reports. The fund owned 6,086 shares of the energy company’s stock after acquiring an additional 128 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Cheniere Energy were worth $1,308,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Miracle Mile Advisors LLC acquired a new position in Cheniere Energy during the 4th quarter worth $2,127,000. Insight Wealth Strategies LLC bought a new stake in Cheniere Energy in the fourth quarter valued at about $4,455,000. Covea Finance grew its holdings in shares of Cheniere Energy by 18.8% in the 4th quarter. Covea Finance now owns 121,400 shares of the energy company’s stock valued at $26,085,000 after buying an additional 19,200 shares during the period. Kathmere Capital Management LLC acquired a new stake in shares of Cheniere Energy in the 4th quarter valued at about $245,000. Finally, Continuum Advisory LLC raised its holdings in Cheniere Energy by 42.1% during the third quarter. Continuum Advisory LLC now owns 12,919 shares of the energy company’s stock worth $2,323,000 after acquiring an additional 3,828 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Analyst Ratings Changes

LNG has been the subject of a number of analyst reports. Scotiabank raised their price target 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. TD Cowen boosted their target price on shares of Cheniere Energy from $202.00 to $242.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Royal Bank of Canada upped their price target on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Barclays boosted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Finally, The Goldman Sachs Group upped their price objective on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $231.64.

Cheniere Energy Stock Performance

Shares of NYSE:LNG opened at $231.73 on Monday. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $257.65. The company’s 50 day moving average price is $222.57 and its two-hundred day moving average price is $197.77. The firm has a market cap of $51.99 billion, a PE ratio of 14.80 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 (NYSE:LNG) last posted its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 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 analyst estimates 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% on a year-over-year basis. During the same quarter last year, the company earned $2.37 EPS. Equities research analysts predict that Cheniere Energy, Inc. will post 12.67 earnings per share for the current year.

Cheniere Energy Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date was Friday, November 8th. Cheniere Energy’s dividend payout ratio (DPR) is presently 12.77%.

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.