Longbow Finance SA Invests $15.26 Million in Cheniere Energy, Inc. (NYSE:LNG)

Longbow Finance SA acquired a new position in Cheniere Energy, Inc. (NYSE:LNG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 71,030 shares of the energy company’s stock, valued at approximately $15,262,000. Cheniere Energy comprises about 1.7% of Longbow Finance SA’s portfolio, making the stock its 13th biggest position.

Several other large investors also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC increased its holdings in Cheniere Energy by 506.9% in the 4th quarter. Los Angeles Capital Management LLC now owns 127,331 shares of the energy company’s stock worth $27,360,000 after acquiring an additional 106,349 shares during the last quarter. Vaughan David Investments LLC IL increased its holdings in Cheniere Energy by 1.8% in the 4th quarter. Vaughan David Investments LLC IL now owns 203,713 shares of the energy company’s stock worth $43,772,000 after acquiring an additional 3,553 shares during the last quarter. Exchange Capital Management Inc. increased its holdings in Cheniere Energy by 0.3% in the 4th quarter. Exchange Capital Management Inc. now owns 18,588 shares of the energy company’s stock worth $3,994,000 after acquiring an additional 62 shares during the last quarter. Rothschild Investment LLC increased its holdings in Cheniere Energy by 20.2% in the 4th quarter. Rothschild Investment LLC now owns 1,019 shares of the energy company’s stock worth $219,000 after acquiring an additional 171 shares during the last quarter. Finally, IFP Advisors Inc grew its holdings in Cheniere Energy by 19.0% during the 4th quarter. IFP Advisors Inc now owns 5,091 shares of the energy company’s stock valued at $1,094,000 after buying an additional 812 shares in the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. The Goldman Sachs Group lifted their target price on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Morgan Stanley lifted their target price on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 31st. StockNews.com raised Cheniere Energy from a “hold” rating to a “buy” rating in a report on Friday. TD Cowen lifted their target price on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a report on Monday, January 27th. Finally, UBS Group lifted their target price on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a report on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $235.75.

Cheniere Energy Stock Down 0.7 %

Shares of NYSE LNG opened at $219.70 on Tuesday. The business has a 50-day moving average of $223.26 and a 200-day moving average of $204.26. The firm has a market capitalization of $49.29 billion, a price-to-earnings ratio of 15.44 and a beta of 0.98. Cheniere Energy, Inc. has a 12 month low of $152.31 and a 12 month high of $257.65. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41.

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

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.91%. Cheniere Energy’s payout ratio is 14.05%.

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.