135 Shares in Cheniere Energy, Inc. (NYSE:LNG) Acquired by Kohmann Bosshard Financial Services LLC

Kohmann Bosshard Financial Services LLC bought a new position in Cheniere Energy, Inc. (NYSE:LNG) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 135 shares of the energy company’s stock, valued at approximately $29,000.

Other hedge funds have also added to or reduced their stakes in the company. Miracle Mile Advisors LLC bought a new stake in Cheniere Energy in the fourth quarter worth approximately $2,127,000. Fractal Investments LLC increased its holdings in Cheniere Energy by 31.0% in the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company’s stock worth $12,720,000 after purchasing an additional 14,000 shares in the last quarter. Anderson Hoagland & Co. bought a new stake in Cheniere Energy in the fourth quarter worth approximately $2,460,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in Cheniere Energy by 31.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company’s stock worth $7,812,000 after purchasing an additional 8,756 shares in the last quarter. Finally, Insight Wealth Strategies LLC bought a new stake in Cheniere Energy in the fourth quarter worth approximately $4,455,000. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Trading Down 3.5 %

Shares of Cheniere Energy stock opened at $220.50 on Tuesday. The stock has a fifty day simple moving average of $224.50 and a 200 day simple moving average of $205.57. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $257.65. The company has a market capitalization of $49.32 billion, a P/E ratio of 15.50 and a beta of 0.98. 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 (NYSE:LNG) last announced its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. On average, sell-side analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.91%. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the business’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the transaction, the director now owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.29% of the company’s stock.

Analyst Ratings Changes

LNG has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their target price on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Barclays boosted their price objective on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. StockNews.com upgraded Cheniere Energy from a “hold” rating to a “buy” rating in a report on Friday, February 21st. TD Cowen boosted their price objective on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a report on Monday, January 27th. Finally, Morgan Stanley boosted their price objective on Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 31st. One investment analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, Cheniere Energy currently has an average rating of “Moderate Buy” and a consensus target price of $235.75.

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.