Jump Financial LLC Increases Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Jump Financial LLC grew its stake in Cheniere Energy, Inc. (NYSE:LNG) by 132.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 13,834 shares of the energy company’s stock after acquiring an additional 7,882 shares during the period. Jump Financial LLC’s holdings in Cheniere Energy were worth $2,973,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB raised its position in Cheniere Energy by 170.5% in the fourth 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. WR Wealth Planners LLC grew its stake in shares of Cheniere Energy by 373.1% in the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock valued at $26,000 after buying an additional 97 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Cheniere Energy in the 4th quarter valued at $29,000. Nemes Rush Group LLC lifted its stake in Cheniere Energy by 2,022.2% during the 4th quarter. Nemes Rush Group LLC now owns 191 shares of the energy company’s stock worth $41,000 after acquiring an additional 182 shares in the last quarter. Finally, Adirondack Trust Co. purchased a new position in Cheniere Energy during the 4th quarter valued at about $43,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.29% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Stifel Nicolaus increased their price target on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday, February 21st. Scotiabank restated an “outperform” rating on shares of Cheniere Energy in a research note on Thursday, March 6th. StockNews.com upgraded Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Morgan Stanley upped their price target on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Finally, TD Cowen lifted their price objective on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Fifteen analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $245.77.

Cheniere Energy Stock Up 1.8 %

LNG stock opened at $231.52 on Friday. The stock has a market cap of $51.59 billion, a P/E ratio of 16.27 and a beta of 0.67. 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 twelve month low of $153.03 and a twelve month high of $257.65. The company’s 50 day moving average is $219.97 and its two-hundred day moving average is $214.56.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. Research 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 dividend yield of 0.86%. Cheniere Energy’s dividend payout ratio (DPR) is presently 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.