Fidelis Capital Partners LLC Grows Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Fidelis Capital Partners LLC boosted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 21.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,490 shares of the energy company’s stock after acquiring an additional 953 shares during the period. Fidelis Capital Partners LLC’s holdings in Cheniere Energy were worth $937,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. increased its position in Cheniere Energy by 21.1% during the third quarter. Farmers & Merchants Investments Inc. now owns 345 shares of the energy company’s stock valued at $57,000 after acquiring an additional 60 shares during the last quarter. Mutual Advisors LLC grew its holdings in shares of Cheniere Energy by 1.0% in the third quarter. Mutual Advisors LLC now owns 6,224 shares of the energy company’s stock worth $1,033,000 after purchasing an additional 64 shares during the last quarter. Xcel Wealth Management LLC grew its holdings in shares of Cheniere Energy by 3.4% in the fourth quarter. Xcel Wealth Management LLC now owns 1,961 shares of the energy company’s stock worth $335,000 after purchasing an additional 65 shares during the last quarter. Winch Advisory Services LLC grew its holdings in shares of Cheniere Energy by 11.4% in the third quarter. Winch Advisory Services LLC now owns 647 shares of the energy company’s stock worth $107,000 after purchasing an additional 66 shares during the last quarter. Finally, Simon Quick Advisors LLC grew its holdings in shares of Cheniere Energy by 3.1% in the fourth quarter. Simon Quick Advisors LLC now owns 2,182 shares of the energy company’s stock worth $373,000 after purchasing an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on LNG. Barclays upped their price target on shares of Cheniere Energy from $192.00 to $194.00 and gave the stock an “overweight” rating in a report on Wednesday, January 17th. StockNews.com cut shares of Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, April 8th. TD Cowen dropped their target price on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating on the stock in a report on Tuesday, February 27th. Finally, Redburn Atlantic started coverage on shares of Cheniere Energy in a report on Tuesday. They set a “neutral” rating and a $162.00 target price on the stock. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $193.30.

Cheniere Energy Price Performance

NYSE:LNG traded up $1.58 during midday trading on Friday, hitting $162.01. The company’s stock had a trading volume of 240,567 shares, compared to its average volume of 1,875,808. The company has a market capitalization of $37.37 billion, a price-to-earnings ratio of 3.99 and a beta of 0.94. Cheniere Energy, Inc. has a fifty-two week low of $135.30 and a fifty-two week high of $183.46. The company’s 50 day simple moving average is $158.13. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.51 and a current ratio of 1.63.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, February 22nd. The energy company reported $5.76 EPS for the quarter, topping analysts’ consensus estimates of $2.70 by $3.06. The business had revenue of $4.82 billion for the quarter, compared to analysts’ expectations of $4.37 billion. Cheniere Energy had a net margin of 48.45% and a return on equity of 69.52%. The business’s revenue was down 46.9% on a year-over-year basis. During the same quarter last year, the company earned $15.78 EPS. As a group, analysts forecast that Cheniere Energy, Inc. will post 8.39 EPS for the current year.

Cheniere Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Tuesday, February 6th were paid a $0.435 dividend. The ex-dividend date was Monday, February 5th. This represents a $1.74 dividend on an annualized basis and a yield of 1.07%. Cheniere Energy’s dividend payout ratio is currently 4.30%.

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.