Raab & Moskowitz Asset Management LLC Boosts Stake in Cheniere Energy, Inc. (NYSE:LNG)

Raab & Moskowitz Asset Management LLC boosted its position in Cheniere Energy, Inc. (NYSE:LNG) by 46.3% in the 4th quarter, Holdings Channel reports. The firm owned 9,345 shares of the energy company’s stock after buying an additional 2,957 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in Cheniere Energy were worth $2,008,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of LNG. MassMutual Private Wealth & Trust FSB increased its position in Cheniere Energy by 170.5% during the 4th 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 period. Capital Performance Advisors LLP bought a new position in shares of Cheniere Energy during the third quarter valued at approximately $28,000. Adirondack Trust Co. purchased a new position in Cheniere Energy during the fourth quarter valued at approximately $43,000. City Holding Co. bought a new position in Cheniere Energy in the fourth quarter worth approximately $50,000. Finally, ORG Wealth Partners LLC bought a new stake in Cheniere Energy during the 3rd quarter valued at $53,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Wall Street Analyst Weigh In

LNG has been the subject of a number of analyst reports. The Goldman Sachs Group upped their price objective on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. UBS Group increased their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Morgan Stanley lifted their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Barclays increased their target price 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. Finally, TD Cowen lifted their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $234.25.

Cheniere Energy Trading Down 4.6 %

Shares of Cheniere Energy stock opened at $209.11 on Thursday. The stock has a market cap of $46.92 billion, a PE ratio of 13.35 and a beta of 0.98. The firm has a fifty day moving average price of $223.37 and a 200 day moving average price of $201.85. Cheniere Energy, Inc. has a 1 year low of $152.31 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.96%. Cheniere Energy’s dividend payout ratio (DPR) is presently 12.77%.

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.