ORG Wealth Partners LLC Purchases 1,495 Shares of Cheniere Energy, Inc. (NYSE:LNG)

ORG Wealth Partners LLC increased its stake in Cheniere Energy, Inc. (NYSE:LNG) by 512.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,787 shares of the energy company’s stock after purchasing an additional 1,495 shares during the quarter. ORG Wealth Partners LLC’s holdings in Cheniere Energy were worth $384,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Bank of New York Mellon Corp bought a new position in shares of Cheniere Energy in the 2nd quarter worth $441,000. Commonwealth Equity Services LLC lifted its stake in Cheniere Energy by 2.7% during the second quarter. Commonwealth Equity Services LLC now owns 20,391 shares of the energy company’s stock worth $1,001,000 after purchasing an additional 534 shares during the last quarter. Acadian Asset Management LLC purchased a new position in shares of Cheniere Energy in the 2nd quarter worth about $1,708,000. Caprock Group LLC raised its holdings in shares of Cheniere Energy by 57.8% during the 2nd quarter. Caprock Group LLC now owns 3,164 shares of the energy company’s stock valued at $553,000 after buying an additional 1,159 shares in the last quarter. Finally, Choreo LLC purchased a new position in shares of Cheniere Energy during the 2nd quarter valued at about $744,000. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Trading Up 0.7 %

LNG stock traded up $1.65 during trading on Friday, hitting $226.84. The company had a trading volume of 645,553 shares, compared to its average volume of 1,341,399. 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 firm has a market capitalization of $50.89 billion, a P/E ratio of 14.49 and a beta of 0.99. The company has a 50 day simple moving average of $214.24 and a 200-day simple moving average of $192.40. Cheniere Energy, Inc. has a 52-week low of $152.31 and a 52-week high of $229.63.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $2.06. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The company had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter in the prior year, the firm earned $2.37 earnings per share. Cheniere Energy’s revenue was down 9.5% compared to the same quarter last year. As a group, research analysts forecast that Cheniere Energy, Inc. will post 11.25 earnings per share for the current fiscal year.

Cheniere Energy Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend was Friday, November 8th. Cheniere Energy’s dividend payout ratio (DPR) is currently 12.77%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LNG shares. Scotiabank began coverage on shares of Cheniere Energy in a research report on Friday. They issued a “sector outperform” rating and a $242.00 target price on the stock. Royal Bank of Canada raised their price objective on shares of Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Barclays raised their price target on shares of Cheniere Energy from $199.00 to $202.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. The Goldman Sachs Group upped their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Finally, Bank of America initiated coverage on shares of Cheniere Energy in a report on Thursday, October 17th. They set a “buy” rating and a $215.00 price target on the stock. Two 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.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $226.55.

Cheniere Energy 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.