Caxton Associates LLP Makes New Investment in Cheniere Energy, Inc. $LNG

Caxton Associates LLP purchased a new position in Cheniere Energy, Inc. (NYSE:LNG) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 4,399 shares of the energy company’s stock, valued at approximately $1,018,000.

Several other institutional investors also recently added to or reduced their stakes in LNG. REAP Financial Group LLC increased its position in Cheniere Energy by 150.0% in the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company’s stock worth $27,000 after buying an additional 75 shares during the period. Cooksen Wealth LLC bought a new position in Cheniere Energy in the 1st quarter worth approximately $38,000. WPG Advisers LLC bought a new position in Cheniere Energy in the 1st quarter worth approximately $38,000. Ameriflex Group Inc. bought a new position in Cheniere Energy in the 4th quarter worth approximately $42,000. Finally, Tsfg LLC increased its position in Cheniere Energy by 676.0% in the 1st quarter. Tsfg LLC now owns 194 shares of the energy company’s stock worth $45,000 after buying an additional 169 shares during the period. 87.26% of the stock is owned by institutional investors.

Cheniere Energy Price Performance

Shares of LNG stock opened at $236.81 on Thursday. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.98 and a quick ratio of 0.85. The firm has a market cap of $52.04 billion, a price-to-earnings ratio of 13.82 and a beta of 0.43. The stock’s fifty day simple moving average is $235.17 and its 200 day simple moving average is $230.99. Cheniere Energy, Inc. has a one year low of $175.14 and a one year high of $257.65.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, August 7th. The energy company reported $7.30 EPS for the quarter, topping analysts’ consensus estimates of $2.35 by $4.95. The company had revenue of $4.64 billion for the quarter, compared to analyst estimates of $4.48 billion. Cheniere Energy had a return on equity of 37.83% and a net margin of 21.05%.The business’s revenue was up 42.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.84 earnings per share. On average, analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 18th. Stockholders of record on Friday, August 8th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, August 8th. Cheniere Energy’s dividend payout ratio is 11.68%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on LNG. Cowen restated a “buy” rating on shares of Cheniere Energy in a research report on Friday, August 8th. Jefferies Financial Group set a $288.00 price objective on Cheniere Energy and gave the company a “buy” rating in a research report on Thursday, June 26th. Barclays restated an “overweight” rating and set a $262.00 price objective (up from $253.00) on shares of Cheniere Energy in a research report on Tuesday, July 15th. Wells Fargo & Company boosted their price objective on Cheniere Energy from $267.00 to $284.00 and gave the company an “overweight” rating in a research report on Tuesday, August 12th. Finally, Mizuho boosted their price objective on Cheniere Energy from $268.00 to $273.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cheniere Energy currently has a consensus rating of “Buy” and a consensus target price of $263.29.

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.