2,807 Shares in Cheniere Energy, Inc. $LNG Bought by Sivia Capital Partners LLC

Sivia Capital Partners LLC acquired a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 2,807 shares of the energy company’s stock, valued at approximately $546,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Mccarter Private Wealth Services LLC lifted its stake in shares of Cheniere Energy by 79.3% during the 4th quarter. Mccarter Private Wealth Services LLC now owns 1,612 shares of the energy company’s stock worth $313,000 after purchasing an additional 713 shares during the last quarter. Capital Innovations LLC purchased a new stake in shares of Cheniere Energy during the 4th quarter worth $10,795,000. Strategic Advisors LLC raised its stake in Cheniere Energy by 1.6% in the fourth quarter. Strategic Advisors LLC now owns 12,385 shares of the energy company’s stock valued at $2,408,000 after buying an additional 190 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC raised its stake in Cheniere Energy by 39.0% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 761,179 shares of the energy company’s stock valued at $147,966,000 after buying an additional 213,634 shares during the last quarter. Finally, SCS Capital Management LLC raised its stake in Cheniere Energy by 6.7% in the fourth quarter. SCS Capital Management LLC now owns 2,039 shares of the energy company’s stock valued at $396,000 after buying an additional 128 shares during the last quarter. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Benchmark reiterated an “outperform” rating on shares of Cheniere Energy in a research note on Tuesday, May 26th. Citigroup increased their price target on Cheniere Energy from $280.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, April 2nd. Royal Bank Of Canada increased their price target on Cheniere Energy from $286.00 to $300.00 and gave the company an “outperform” rating in a research note on Tuesday, April 14th. Wolfe Research reiterated an “outperform” rating and issued a $300.00 price target on shares of Cheniere Energy in a research note on Tuesday. Finally, Morgan Stanley decreased their price target on Cheniere Energy from $313.00 to $308.00 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Cheniere Energy currently has a consensus rating of “Buy” and an average price target of $298.63.

Insider Transactions at Cheniere Energy

In related news, EVP Sean N. Markowitz sold 22,246 shares of the firm’s stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $290.98, for a total transaction of $6,473,141.08. Following the sale, the executive vice president directly owned 64,000 shares of the company’s stock, valued at $18,622,720. This trade represents a 25.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Zach Davis sold 29,000 shares of the firm’s stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $300.00, for a total value of $8,700,000.00. Following the sale, the chief financial officer directly owned 87,146 shares in the company, valued at approximately $26,143,800. This trade represents a 24.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.55% of the stock is currently owned by corporate insiders.

Cheniere Energy Stock Down 0.9%

Shares of LNG stock opened at $238.81 on Friday. The stock’s 50-day simple moving average is $256.13 and its 200-day simple moving average is $230.19. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.48 and a current ratio of 0.57. The firm has a market capitalization of $50.04 billion and a PE ratio of 39.28. Cheniere Energy, Inc. has a fifty-two week low of $186.20 and a fifty-two week high of $300.89.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Wednesday, May 6th. The energy company reported ($16.65) earnings per share for the quarter, missing analysts’ consensus estimates of $4.25 by ($20.90). The firm had revenue of $5.87 billion during the quarter, compared to analyst estimates of $5.69 billion. Cheniere Energy had a net margin of 7.23% and a return on equity of 38.95%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.57 earnings per share. Equities analysts expect that Cheniere Energy, Inc. will post 14.75 earnings per share for the current year.

Cheniere Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Monday, May 11th were issued a $0.555 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 0.9%. Cheniere Energy’s dividend payout ratio is currently 36.51%.

Cheniere Energy announced that its board has approved a stock repurchase program on Thursday, February 26th that authorizes the company to buyback $10.00 billion in outstanding shares. This buyback authorization authorizes the energy company to purchase up to 21.1% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

About Cheniere Energy

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.