Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC grew its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 10.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,955 shares of the energy company’s stock after acquiring an additional 182 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Cheniere Energy were worth $420,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new position in Cheniere Energy during the 2nd quarter valued at approximately $441,000. XTX Topco Ltd acquired a new position in shares of Cheniere Energy in the 2nd quarter valued at $210,000. AE Wealth Management LLC purchased a new position in Cheniere Energy in the 2nd quarter worth $490,000. Summit Trail Advisors LLC acquired a new stake in Cheniere Energy during the 2nd quarter worth about $300,000. Finally, Westwood Holdings Group Inc. grew its stake in Cheniere Energy by 25.3% during the 2nd quarter. Westwood Holdings Group Inc. now owns 12,365 shares of the energy company’s stock valued at $607,000 after purchasing an additional 2,493 shares during the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $252.70 on Monday. 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 12-month low of $152.31 and a 12-month 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 market capitalization of $56.70 billion, a P/E ratio of 16.14 and a beta of 0.99.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $2.06. The firm had revenue of $3.76 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $2.37 EPS. Analysts expect that Cheniere Energy, Inc. will post 12.66 EPS for the current fiscal year.

Cheniere Energy Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were given a $0.50 dividend. The ex-dividend date of this dividend 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%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on LNG. Stifel Nicolaus raised their price objective on Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. UBS Group lifted their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Royal Bank of Canada increased their price objective on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. The Goldman Sachs Group boosted their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Finally, Scotiabank assumed coverage on Cheniere Energy in a research report on Friday, January 10th. They set a “sector outperform” rating and a $242.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, Cheniere Energy currently has an average rating of “Moderate Buy” and an average target price of $231.18.

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.