Cheniere Energy, Inc. (NYSEAMERICAN:LNG) Shares Bought by American Money Management LLC

American Money Management LLC raised its stake in Cheniere Energy, Inc. (NYSEAMERICAN:LNGGet Rating) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,237 shares of the energy company’s stock after acquiring an additional 100 shares during the period. American Money Management LLC’s holdings in Cheniere Energy were worth $1,951,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in LNG. Farmers & Merchants Investments Inc. increased its holdings in Cheniere Energy by 2,092.3% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 285 shares of the energy company’s stock valued at $29,000 after buying an additional 272 shares in the last quarter. OLD Second National Bank of Aurora acquired a new stake in Cheniere Energy during the fourth quarter worth approximately $33,000. UMB Bank N A MO acquired a new stake in Cheniere Energy during the fourth quarter worth approximately $56,000. Newbridge Financial Services Group Inc. acquired a new stake in Cheniere Energy during the fourth quarter worth approximately $61,000. Finally, IndexIQ Advisors LLC raised its stake in Cheniere Energy by 309.9% during the third quarter. IndexIQ Advisors LLC now owns 873 shares of the energy company’s stock worth $85,000 after purchasing an additional 660 shares during the period. 88.17% of the stock is owned by institutional investors and hedge funds.

In other Cheniere Energy news, Director Neal A. Shear sold 10,318 shares of the business’s stock in a transaction on Thursday, March 31st. The shares were sold at an average price of $140.16, for a total transaction of $1,446,170.88. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.66% of the company’s stock.

A number of equities analysts have recently commented on the stock. Wells Fargo & Company raised their target price on shares of Cheniere Energy from $162.00 to $185.00 in a research note on Monday, May 9th. Mizuho raised their price objective on shares of Cheniere Energy from $145.00 to $159.00 in a report on Friday, May 6th. Cowen lifted their target price on Cheniere Energy from $145.00 to $170.00 in a research note on Thursday, May 5th. Barclays upped their price target on shares of Cheniere Energy from $131.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, March 14th. Finally, Royal Bank of Canada raised their target price on Cheniere Energy from $116.00 to $151.00 and gave the company an “outperform” rating in a research report on Tuesday, March 8th. Eleven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $149.92.

LNG stock traded down $1.89 during mid-day trading on Thursday, reaching $131.08. 61,763 shares of the company traded hands, compared to its average volume of 2,262,334. Cheniere Energy, Inc. has a fifty-two week low of $80.06 and a fifty-two week high of $150.00. The company has a debt-to-equity ratio of 24.30, a quick ratio of 0.93 and a current ratio of 1.08. The company has a market capitalization of $33.31 billion, a P/E ratio of -14.38 and a beta of 1.26.

Cheniere Energy (NYSEAMERICAN:LNGGet Rating) last posted its earnings results on Wednesday, May 4th. The energy company reported ($3.41) EPS for the quarter, missing the consensus estimate of $3.45 by ($6.86). Cheniere Energy had a positive return on equity of 30.72% and a negative net margin of 14.77%. The firm had revenue of $7.48 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the prior year, the business earned $1.54 EPS. Cheniere Energy’s quarterly revenue was up 142.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Cheniere Energy, Inc. will post 10.91 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 17th. Investors of record on Tuesday, May 10th were issued a $0.33 dividend. The ex-dividend date was Monday, May 9th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.01%. Cheniere Energy’s dividend payout ratio (DPR) is presently -14.27%.

Cheniere Energy Company Profile (Get Rating)

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 pipeline interconnecting the Sabine Pass LNG terminal with various interstate 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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Institutional Ownership by Quarter for Cheniere Energy (NYSEAMERICAN:LNG)

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