Teilinger Capital Ltd. Buys New Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Teilinger Capital Ltd. bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 19,000 shares of the energy company’s stock, valued at approximately $4,083,000. Cheniere Energy accounts for 0.7% of Teilinger Capital Ltd.’s holdings, making the stock its 10th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LNG. First Trust Direct Indexing L.P. raised its stake in Cheniere Energy by 2.9% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 5,159 shares of the energy company’s stock valued at $928,000 after purchasing an additional 146 shares during the period. Pinnacle Associates Ltd. increased its stake in Cheniere Energy by 1.4% in the 3rd quarter. Pinnacle Associates Ltd. now owns 15,323 shares of the energy company’s stock worth $2,616,000 after acquiring an additional 209 shares during the last quarter. US Bancorp DE increased its stake in Cheniere Energy by 3.4% in the 3rd quarter. US Bancorp DE now owns 14,536 shares of the energy company’s stock worth $2,614,000 after acquiring an additional 479 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Cheniere Energy by 53.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock worth $66,000 after acquiring an additional 128 shares during the last quarter. Finally, Van ECK Associates Corp increased its stake in Cheniere Energy by 6.9% in the 3rd quarter. Van ECK Associates Corp now owns 112,652 shares of the energy company’s stock worth $20,599,000 after acquiring an additional 7,258 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Insider Activity at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the company’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.29% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. The Goldman Sachs Group lifted 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. Scotiabank lifted 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. Barclays lifted their price objective on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. StockNews.com raised Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Finally, Morgan Stanley lifted their target price on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. One equities research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $235.75.

Cheniere Energy Price Performance

LNG opened at $228.51 on Friday. The business has a fifty day moving average of $224.28 and a 200 day moving average of $205.01. Cheniere Energy, Inc. has a 52-week low of $152.31 and a 52-week high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The stock has a market cap of $51.11 billion, a P/E ratio of 16.06 and a beta of 0.98.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The company had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.44 billion. As a group, sell-side analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy’s payout ratio is currently 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.