U.S. Capital Wealth Advisors LLC Reduces Position in Cheniere Energy, Inc. (NYSE:LNG)

U.S. Capital Wealth Advisors LLC trimmed its position in Cheniere Energy, Inc. (NYSE:LNG) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,094 shares of the energy company’s stock after selling 194 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Cheniere Energy were worth $3,028,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Planning acquired a new stake in shares of Cheniere Energy during the second quarter worth about $276,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Cheniere Energy by 26.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,954 shares of the energy company’s stock valued at $1,216,000 after buying an additional 1,453 shares during the period. B. Riley Wealth Advisors Inc. lifted its holdings in Cheniere Energy by 23.8% in the second quarter. B. Riley Wealth Advisors Inc. now owns 6,945 shares of the energy company’s stock valued at $341,000 after acquiring an additional 1,336 shares during the period. Truist Financial Corp lifted its stake in shares of Cheniere Energy by 6.9% in the 2nd quarter. Truist Financial Corp now owns 19,487 shares of the energy company’s stock valued at $957,000 after purchasing an additional 1,255 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of Cheniere Energy by 40.8% in the second quarter. Cetera Investment Advisers now owns 43,345 shares of the energy company’s stock worth $2,129,000 after acquiring an additional 12,554 shares during the period. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Price Performance

LNG stock opened at $223.71 on Monday. The business’s 50-day moving average is $223.15 and its two-hundred day moving average is $199.51. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The firm has a market capitalization of $50.19 billion, a P/E ratio of 14.29 and a beta of 0.99. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $257.65.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, beating the consensus estimate of $1.87 by $2.06. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The firm had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter last year, the company earned $2.37 earnings per share. The firm’s revenue was down 9.5% compared to the same quarter last year. Analysts anticipate that Cheniere Energy, Inc. will post 12.67 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.89%. Cheniere Energy’s payout ratio is currently 12.77%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Scotiabank boosted their price target on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. The Goldman Sachs Group lifted their price objective on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. TD Cowen lifted their price target on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Royal Bank of Canada increased their price target on Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Finally, Wells Fargo & Company increased their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $234.25.

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.