Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Stokes Capital Advisors LLC

Stokes Capital Advisors LLC reduced its stake in Cheniere Energy, Inc. (NYSE:LNG) by 0.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,313 shares of the energy company’s stock after selling 230 shares during the period. Cheniere Energy makes up about 1.6% of Stokes Capital Advisors LLC’s holdings, making the stock its 29th largest holding. Stokes Capital Advisors LLC’s holdings in Cheniere Energy were worth $6,084,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Terra Nova Asset Management LLC acquired a new stake in Cheniere Energy in the 4th quarter valued at about $1,073,000. City Holding Co. purchased a new stake in shares of Cheniere Energy during the fourth quarter worth approximately $50,000. Clarius Group LLC acquired a new stake in Cheniere Energy in the fourth quarter valued at approximately $240,000. J2 Capital Management Inc acquired a new stake in Cheniere Energy in the fourth quarter valued at approximately $444,000. Finally, Aaron Wealth Advisors LLC lifted its stake in Cheniere Energy by 10.3% in the fourth quarter. Aaron Wealth Advisors LLC now owns 1,955 shares of the energy company’s stock worth $420,000 after acquiring an additional 182 shares during the last quarter. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on LNG. Stifel Nicolaus raised their price objective on shares of Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a report on Wednesday, December 4th. TD Cowen raised their price target on Cheniere Energy from $202.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Wells Fargo & Company upped their price objective on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. UBS Group increased their price objective on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Bank of America assumed coverage on Cheniere Energy in a research note on Thursday, October 17th. They set a “buy” rating and a $215.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $231.18.

Cheniere Energy Trading Down 0.4 %

LNG opened at $252.70 on Monday. The firm has a market cap of $56.70 billion, a price-to-earnings ratio of 16.14 and a beta of 0.99. Cheniere Energy, Inc. has a 52 week low of $152.31 and a 52 week high of $257.65. The business’s 50 day moving average is $219.76 and its two-hundred day moving average is $195.63. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, October 31st. The energy company reported $3.93 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $2.06. The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The company’s quarterly revenue was down 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.37 EPS. On average, research analysts predict that Cheniere Energy, Inc. will post 12.66 EPS for the current year.

Cheniere Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, November 8th. This represents a $2.00 annualized dividend and a dividend yield of 0.79%. Cheniere Energy’s dividend payout ratio (DPR) is 12.77%.

About Cheniere Energy

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.