11,447 Shares in Cheniere Energy, Inc. (NYSE:LNG) Bought by Anderson Hoagland & Co.

Anderson Hoagland & Co. acquired a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 11,447 shares of the energy company’s stock, valued at approximately $2,460,000.

Other hedge funds have also recently bought and sold shares of the company. Wellington Management Group LLP lifted its position in shares of Cheniere Energy by 195.1% during the third quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company’s stock valued at $755,410,000 after purchasing an additional 2,776,920 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Cheniere Energy by 91.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company’s stock valued at $673,927,000 after buying an additional 1,789,919 shares during the last quarter. Two Sigma Advisers LP lifted its position in shares of Cheniere Energy by 328.2% during the 3rd quarter. Two Sigma Advisers LP now owns 894,600 shares of the energy company’s stock worth $160,885,000 after buying an additional 685,662 shares in the last quarter. National Bank of Canada FI boosted its stake in shares of Cheniere Energy by 472.1% in the 3rd quarter. National Bank of Canada FI now owns 283,810 shares of the energy company’s stock worth $50,965,000 after buying an additional 234,202 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in shares of Cheniere Energy by 77.5% in the third quarter. Bank of Montreal Can now owns 433,686 shares of the energy company’s stock valued at $77,903,000 after acquiring an additional 189,396 shares in the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LNG has been the topic of a number of recent analyst reports. Bank of America began coverage on Cheniere Energy in a report on Thursday, October 17th. They set a “buy” rating and a $215.00 price target on the stock. Stifel Nicolaus boosted their price target on shares of Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Wells Fargo & Company increased their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Scotiabank lifted their price objective on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. Finally, The Goldman Sachs Group increased their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $231.64.

Cheniere Energy Stock Down 1.1 %

Cheniere Energy stock opened at $231.73 on Friday. The firm has a 50 day simple moving average of $222.57 and a 200 day simple moving average of $197.62. 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, Inc. has a 1-year low of $152.31 and a 1-year high of $257.65. The firm has a market capitalization of $51.99 billion, a price-to-earnings ratio of 14.80 and a beta of 0.99.

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

Cheniere Energy Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend was Friday, November 8th. Cheniere Energy’s payout ratio is 12.77%.

Cheniere Energy 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.