Beddow Capital Management Inc. Cuts Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Beddow Capital Management Inc. decreased its position in Cheniere Energy, Inc. (NYSE:LNG) by 0.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 35,895 shares of the energy company’s stock after selling 75 shares during the period. Cheniere Energy comprises approximately 3.2% of Beddow Capital Management Inc.’s portfolio, making the stock its 10th biggest holding. Beddow Capital Management Inc.’s holdings in Cheniere Energy were worth $7,713,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in LNG. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after purchasing an additional 75 shares during the last quarter. WR Wealth Planners LLC grew its holdings in shares of Cheniere Energy by 373.1% in the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after purchasing an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Cheniere Energy in the fourth quarter worth approximately $29,000. Adirondack Trust Co. bought a new position in shares of Cheniere Energy in the fourth quarter worth approximately $43,000. Finally, SBI Securities Co. Ltd. bought a new stake in Cheniere Energy in the fourth quarter valued at $46,000. Institutional investors own 87.26% of the company’s stock.

Insider Buying and Selling at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the transaction, the director now owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.29% of the company’s stock.

Cheniere Energy Stock Performance

Shares of Cheniere Energy stock opened at $227.24 on Friday. The stock has a market cap of $50.83 billion, a price-to-earnings ratio of 15.97 and a beta of 0.94. The firm’s 50-day moving average is $225.03 and its 200 day moving average is $208.75. Cheniere Energy, Inc. has a 1 year low of $152.88 and a 1 year high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.74 by $1.59. The company had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Sell-side analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.88%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Barclays boosted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. StockNews.com raised shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Stifel Nicolaus boosted their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Mizuho boosted their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Argus initiated coverage on shares of Cheniere Energy in a research report on Tuesday. They set a “buy” rating and a $255.00 price objective on the stock. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $239.79.

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.