Compagnie Lombard Odier SCmA Acquires 27,975 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Compagnie Lombard Odier SCmA lifted its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 40.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 97,853 shares of the energy company’s stock after purchasing an additional 27,975 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Cheniere Energy were worth $21,026,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in LNG. MassMutual Private Wealth & Trust FSB increased its stake in shares of Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after purchasing an additional 75 shares during the period. Capital Performance Advisors LLP bought a new position in Cheniere Energy during the third quarter valued at about $28,000. Adirondack Trust Co. bought a new position in Cheniere Energy during the fourth quarter valued at about $43,000. City Holding Co. bought a new position in Cheniere Energy during the fourth quarter valued at about $50,000. Finally, Farther Finance Advisors LLC increased its stake in Cheniere Energy by 53.3% during the third quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock valued at $66,000 after acquiring an additional 128 shares during the period. 87.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. UBS Group boosted their price target on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Scotiabank boosted their price target on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. The Goldman Sachs Group boosted their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. TD Cowen boosted their price target on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Finally, Stifel Nicolaus boosted their price target on Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $234.25.

Cheniere Energy Stock Up 0.2 %

Shares of LNG opened at $209.75 on Friday. The company has a market capitalization of $47.06 billion, a P/E ratio of 13.39 and a beta of 0.98. 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 one year low of $152.31 and a one year high of $257.65. The business’s 50 day simple moving average is $223.08 and its 200-day simple moving average is $201.90.

Cheniere Energy Announces Dividend

The firm also recently announced 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. This represents a $2.00 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend is Friday, February 7th. Cheniere Energy’s payout ratio is currently 12.77%.

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.