BSW Wealth Partners Purchases Shares of 953 Cheniere Energy, Inc. (NYSE:LNG)

BSW Wealth Partners acquired a new position in Cheniere Energy, Inc. (NYSE:LNG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 953 shares of the energy company’s stock, valued at approximately $205,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after acquiring an additional 75 shares in the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new stake in Cheniere Energy in the third quarter valued at approximately $27,000. Capital Performance Advisors LLP bought a new stake in Cheniere Energy during the third quarter valued at approximately $28,000. Strategic Investment Solutions Inc. IL bought a new stake in Cheniere Energy during the second quarter valued at approximately $30,000. Finally, Adirondack Trust Co. purchased a new position in Cheniere Energy in the 4th quarter worth approximately $43,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Trading Up 0.7 %

Shares of LNG opened at $228.14 on Thursday. The stock has a market capitalization of $51.19 billion, a P/E ratio of 14.57 and a beta of 0.99. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The firm has a fifty day simple moving average of $222.87 and a two-hundred day simple moving average of $198.62.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $2.06. The company had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. Cheniere Energy’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.37 earnings per share. On average, research analysts anticipate that Cheniere Energy, Inc. will post 12.67 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend is Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is currently 12.77%.

Wall Street Analysts Forecast Growth

LNG has been the subject of a number of research analyst reports. Scotiabank lifted their price objective on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a report on Tuesday, January 21st. Wells Fargo & Company upped their price objective on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Barclays raised their price objective on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. The Goldman Sachs Group upped their target price on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Finally, TD Cowen lifted their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $232.36.

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.