JFS Wealth Advisors LLC Has $86,000 Stake in Cheniere Energy, Inc. (NYSE:LNG)

JFS Wealth Advisors LLC cut its holdings in shares of Cheniere Energy, Inc. (NYSE:LNGFree Report) by 32.5% during the 4th quarter, Holdings Channel reports. The firm owned 505 shares of the energy company’s stock after selling 243 shares during the period. JFS Wealth Advisors LLC’s holdings in Cheniere Energy were worth $86,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Canada Pension Plan Investment Board grew its holdings in shares of Cheniere Energy by 73.0% during the 3rd quarter. Canada Pension Plan Investment Board now owns 1,496,100 shares of the energy company’s stock valued at $248,293,000 after purchasing an additional 631,100 shares during the last quarter. Los Angeles Capital Management LLC boosted its position in Cheniere Energy by 702.1% during the 3rd quarter. Los Angeles Capital Management LLC now owns 490,606 shares of the energy company’s stock worth $81,421,000 after buying an additional 429,438 shares during the period. Caisse DE Depot ET Placement DU Quebec increased its position in Cheniere Energy by 35.6% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,399,852 shares of the energy company’s stock valued at $232,319,000 after acquiring an additional 367,275 shares during the period. Lord Abbett & CO. LLC lifted its holdings in shares of Cheniere Energy by 126.8% during the third quarter. Lord Abbett & CO. LLC now owns 645,523 shares of the energy company’s stock worth $107,131,000 after purchasing an additional 360,915 shares during the period. Finally, Laurion Capital Management LP grew its stake in shares of Cheniere Energy by 107.2% in the third quarter. Laurion Capital Management LP now owns 20,012 shares of the energy company’s stock worth $3,321,000 after purchasing an additional 296,687 shares during the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Down 0.4 %

Shares of NYSE:LNG traded down $0.71 during midday trading on Friday, reaching $157.07. 1,812,601 shares of the company traded hands, compared to its average volume of 2,046,383. Cheniere Energy, Inc. has a 12 month low of $135.30 and a 12 month high of $183.46. The business’s fifty day moving average price is $158.08. The company has a quick ratio of 1.51, a current ratio of 0.98 and a debt-to-equity ratio of 2.58. The company has a market capitalization of $35.95 billion, a price-to-earnings ratio of 7.65 and a beta of 0.95.

Cheniere Energy (NYSE:LNGGet Free Report) last issued its quarterly earnings results on Friday, May 3rd. The energy company reported $2.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.17). The business had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $3.97 billion. Cheniere Energy had a net margin of 28.55% and a return on equity of 48.19%. The business’s revenue was down 41.8% compared to the same quarter last year. During the same quarter last year, the business posted $6.89 EPS. Analysts forecast that Cheniere Energy, Inc. will post 8.54 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Friday, May 10th will be issued a dividend of $0.435 per share. This represents a $1.74 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Thursday, May 9th. Cheniere Energy’s dividend payout ratio is presently 8.48%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on LNG shares. UBS Group cut their target price on Cheniere Energy from $223.00 to $206.00 and set a “buy” rating on the stock in a report on Wednesday, April 24th. StockNews.com downgraded Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, April 8th. TD Cowen lowered their price objective on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating for the company in a research note on Tuesday, February 27th. Stifel Nicolaus upped their target price on Cheniere Energy from $204.00 to $208.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Finally, Barclays upped their price objective on shares of Cheniere Energy from $192.00 to $194.00 and gave the stock an “overweight” rating in a report on Wednesday, January 17th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $196.40.

Read Our Latest Research Report on LNG

Cheniere Energy Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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