Creative Financial Designs Inc. ADV Has $246,000 Position in Cheniere Energy, Inc. (NYSE:LNG)

Creative Financial Designs Inc. ADV grew its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 25.4% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,144 shares of the energy company’s stock after buying an additional 232 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Cheniere Energy were worth $246,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Geneos Wealth Management Inc. raised its position in shares of Cheniere Energy by 10.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 460 shares of the energy company’s stock valued at $99,000 after buying an additional 43 shares during the last quarter. Flagship Harbor Advisors LLC raised its position in Cheniere Energy by 2.0% in the fourth quarter. Flagship Harbor Advisors LLC now owns 2,339 shares of the energy company’s stock worth $503,000 after purchasing an additional 46 shares in the last quarter. Larson Financial Group LLC raised its position in Cheniere Energy by 1.7% in the fourth quarter. Larson Financial Group LLC now owns 3,346 shares of the energy company’s stock worth $719,000 after purchasing an additional 55 shares in the last quarter. Hourglass Capital LLC raised its position in Cheniere Energy by 0.6% in the fourth 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 in the last quarter. Finally, Chemistry Wealth Management LLC raised its position in Cheniere Energy by 5.2% in the fourth quarter. Chemistry Wealth Management LLC now owns 1,241 shares of the energy company’s stock worth $267,000 after purchasing an additional 61 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Wall Street Analysts Forecast Growth

LNG has been the subject of several recent research reports. TD Cowen increased their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Argus initiated coverage on shares of Cheniere Energy in a research report on Tuesday. They issued a “buy” rating and a $255.00 price target for the company. UBS Group reissued a “buy” rating and issued a $277.00 price target on shares of Cheniere Energy in a research report on Tuesday. Scotiabank reissued an “outperform” rating on shares of Cheniere Energy in a research report on Thursday, March 6th. Finally, StockNews.com raised shares of Cheniere Energy from a “hold” rating to a “buy” rating in a report on Friday, February 21st. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, Cheniere Energy has a consensus rating of “Moderate Buy” and an average target price of $239.79.

Insider Buying and Selling at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the transaction, the director now directly owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.29% of the company’s stock.

Cheniere Energy Price Performance

LNG opened at $227.29 on Thursday. Cheniere Energy, Inc. has a one year low of $152.88 and a one year high of $257.65. 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 company’s 50 day simple moving average is $224.88 and its 200-day simple moving average is $208.31. The stock has a market capitalization of $50.84 billion, a P/E ratio of 15.97 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The firm had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Sell-side analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.88%. Cheniere Energy’s payout ratio is presently 14.05%.

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.