Brighton Jones LLC Takes $335,000 Position in Cheniere Energy, Inc. (NYSE:LNG)

Brighton Jones LLC acquired a new position in Cheniere Energy, Inc. (NYSE:LNG) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,558 shares of the energy company’s stock, valued at approximately $335,000.

A number of other hedge funds have also bought and sold shares of the business. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Cheniere Energy by 170.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after purchasing an additional 75 shares during the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new stake in Cheniere Energy during the 3rd quarter valued at $27,000. Capital Performance Advisors LLP bought a new position in shares of Cheniere Energy during the 3rd quarter valued at $28,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Cheniere Energy in the 2nd quarter worth $30,000. Finally, Adirondack Trust Co. bought a new stake in shares of Cheniere Energy in the fourth quarter worth $43,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Trading Down 3.4 %

Shares of LNG opened at $224.00 on Tuesday. The firm has a market cap of $50.26 billion, a P/E ratio of 14.30 and a beta of 0.99. 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, Inc. has a 1 year low of $152.31 and a 1 year high of $257.65. The company has a 50 day simple moving average of $222.57 and a two-hundred day simple moving average of $197.94.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 EPS for the quarter, topping the consensus estimate of $1.87 by $2.06. The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The business’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.37 EPS. On average, equities analysts expect that Cheniere Energy, Inc. will post 12.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Royal Bank of Canada raised their target price on Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Stifel Nicolaus boosted their target price on shares of Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Bank of America started coverage on shares of Cheniere Energy in a research report on Thursday, October 17th. They issued a “buy” rating and a $215.00 price target on the stock. Scotiabank upped their price objective on Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, January 21st. Finally, Barclays lifted their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Cheniere Energy currently has an average rating of “Moderate Buy” and a consensus target price of $232.36.

About Cheniere Energy

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.