Rothschild Investment LLC increased its holdings in Cheniere Energy, Inc. (NYSE:LNG – Free Report) by 20.2% during the 4th quarter, HoldingsChannel reports. The firm owned 1,019 shares of the energy company’s stock after buying an additional 171 shares during the period. Rothschild Investment LLC’s holdings in Cheniere Energy were worth $219,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in LNG. MassMutual Private Wealth & Trust FSB increased 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 worth $26,000 after buying an additional 75 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in Cheniere Energy during the third quarter worth approximately $28,000. Adirondack Trust Co. bought a new stake in Cheniere Energy during the fourth quarter worth approximately $43,000. City Holding Co. bought a new stake in Cheniere Energy during the fourth quarter worth approximately $50,000. Finally, Farther Finance Advisors LLC increased its position in shares of Cheniere Energy by 53.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock valued at $66,000 after purchasing an additional 128 shares during the last quarter. 87.26% of the stock is currently owned by institutional investors.
Cheniere Energy Stock Down 1.7 %
Shares of NYSE:LNG opened at $216.01 on Wednesday. Cheniere Energy, Inc. has a 52-week low of $152.31 and a 52-week high of $257.65. The stock has a market cap of $48.31 billion, a P/E ratio of 15.18 and a beta of 0.98. The business’s 50 day moving average is $223.37 and its 200 day moving average is $204.49. 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 Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.93%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s payout ratio is 14.05%.
Analysts Set New Price Targets
Several research firms have recently weighed in on LNG. The Goldman Sachs Group boosted their target price on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Stifel Nicolaus upped their price target on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a report on Friday, February 21st. TD Cowen upped their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a report on Monday, January 27th. Finally, UBS Group upped 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. One investment analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, Cheniere Energy has an average rating of “Moderate Buy” and a consensus price target of $235.75.
Get Our Latest Research Report on Cheniere Energy
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.
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