Cooper Financial Group Boosts Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Cooper Financial Group boosted its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 2.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 4,429 shares of the energy company’s stock after purchasing an additional 123 shares during the quarter. Cooper Financial Group’s holdings in Cheniere Energy were worth $952,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wedmont Private Capital lifted its stake in shares of Cheniere Energy by 10.8% in the fourth quarter. Wedmont Private Capital now owns 2,755 shares of the energy company’s stock worth $621,000 after buying an additional 269 shares in the last quarter. Kieckhefer Group LLC purchased a new position in Cheniere Energy in the 4th quarter worth approximately $208,000. Brookstone Capital Management lifted its position in Cheniere Energy by 13.4% in the 4th quarter. Brookstone Capital Management now owns 1,875 shares of the energy company’s stock valued at $403,000 after acquiring an additional 221 shares in the last quarter. ORG Wealth Partners LLC raised its stake in shares of Cheniere Energy by 512.0% in the fourth quarter. ORG Wealth Partners LLC now owns 1,787 shares of the energy company’s stock worth $384,000 after purchasing an additional 1,495 shares during the last quarter. Finally, Franklin Street Advisors Inc. NC bought a new position in shares of Cheniere Energy during the fourth quarter valued at $7,046,000. 87.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

LNG has been the subject of a number of research analyst reports. Barclays lifted their price target on shares of Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Royal Bank of Canada increased their price target on Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Stifel Nicolaus lifted their price objective on Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Wells Fargo & Company raised their target price on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Finally, The Goldman Sachs Group lifted their target price on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, Cheniere Energy currently has a consensus rating of “Moderate Buy” and an average target price of $226.55.

Cheniere Energy Trading Up 2.0 %

Shares of LNG opened at $229.69 on Tuesday. The firm has a market cap of $51.53 billion, a P/E ratio of 14.67 and a beta of 0.99. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $230.11. The company has a 50 day simple moving average of $215.81 and a two-hundred day simple moving average of $193.53.

Cheniere Energy (NYSE:LNG) last issued its earnings results 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. The firm had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.76 billion. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The business’s revenue was down 9.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.37 earnings per share. On average, equities analysts expect that Cheniere Energy, Inc. will post 11.25 earnings per share for the current fiscal year.

Cheniere Energy Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.87%. Cheniere Energy’s payout ratio is currently 12.77%.

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.