James Investment Research Inc. Has $1.76 Million Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

James Investment Research Inc. decreased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 4.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,185 shares of the energy company’s stock after selling 342 shares during the period. James Investment Research Inc.’s holdings in Cheniere Energy were worth $1,759,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Hourglass Capital LLC raised its holdings in Cheniere Energy by 0.6% during the 4th quarter. Hourglass Capital LLC now owns 10,950 shares of the energy company’s stock worth $2,353,000 after purchasing an additional 60 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in Cheniere Energy during the 4th quarter worth about $3,516,000. Allworth Financial LP raised its holdings in Cheniere Energy by 20.8% during the 4th quarter. Allworth Financial LP now owns 6,544 shares of the energy company’s stock worth $1,527,000 after purchasing an additional 1,125 shares during the last quarter. Principal Securities Inc. raised its holdings in Cheniere Energy by 16.7% during the 4th quarter. Principal Securities Inc. now owns 6,189 shares of the energy company’s stock worth $1,330,000 after purchasing an additional 885 shares during the last quarter. Finally, Everhart Financial Group Inc. raised its holdings in Cheniere Energy by 5.2% during the 4th quarter. Everhart Financial Group Inc. now owns 1,884 shares of the energy company’s stock worth $405,000 after purchasing an additional 93 shares during the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Trading Up 1.6 %

NYSE:LNG opened at $213.37 on Friday. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65. 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 business has a 50 day moving average price of $222.58 and a two-hundred day moving average price of $202.20. The company has a market cap of $47.87 billion, a P/E ratio of 13.62 and a beta of 0.98.

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is currently 12.77%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LNG. Morgan Stanley boosted their price objective on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. TD Cowen upped their price target on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Barclays upped their price target on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Scotiabank upped their price target on Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. Finally, Stifel Nicolaus upped their price target on Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $234.25.

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.