Capstone Investment Advisors LLC Makes New $550,000 Investment in Cheniere Energy, Inc. $LNG

Capstone Investment Advisors LLC acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,303 shares of the energy company’s stock, valued at approximately $550,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Horizon Corp raised its position in shares of Cheniere Energy by 7.7% during the first quarter. First Horizon Corp now owns 517 shares of the energy company’s stock worth $147,000 after purchasing an additional 37 shares during the period. Signal Advisors Wealth LLC grew its position in Cheniere Energy by 2.9% in the 1st quarter. Signal Advisors Wealth LLC now owns 1,497 shares of the energy company’s stock valued at $425,000 after purchasing an additional 42 shares during the period. Independence Bank of Kentucky increased its stake in Cheniere Energy by 6.8% during the 1st quarter. Independence Bank of Kentucky now owns 725 shares of the energy company’s stock valued at $206,000 after purchasing an additional 46 shares in the last quarter. Optiver Holding B.V. increased its stake in Cheniere Energy by 54.5% during the 1st quarter. Optiver Holding B.V. now owns 136 shares of the energy company’s stock valued at $39,000 after purchasing an additional 48 shares in the last quarter. Finally, AlTi Global Inc. raised its holdings in Cheniere Energy by 1.5% during the first quarter. AlTi Global Inc. now owns 3,318 shares of the energy company’s stock worth $942,000 after buying an additional 50 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on LNG shares. TD Cowen lifted their price objective on shares of Cheniere Energy from $280.00 to $290.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. UBS Group set a $290.00 price target on Cheniere Energy in a research note on Wednesday, May 13th. Wall Street Zen raised Cheniere Energy from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Zacks Research downgraded Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, Weiss Ratings raised Cheniere Energy from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $304.35.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $282.36 on Friday. The firm has a 50-day moving average of $260.25 and a 200-day moving average of $253.19. The company has a market cap of $58.32 billion, a P/E ratio of 21.02 and a beta of -0.01. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.87 and a quick ratio of 0.72. Cheniere Energy, Inc. has a one year low of $186.20 and a one year high of $300.89.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Thursday, August 6th. The energy company reported $3.02 earnings per share for the quarter, missing analysts’ consensus estimates of $3.11 by ($0.09). Cheniere Energy had a net margin of 13.57% and a return on equity of 29.80%. The firm had revenue of $5.73 billion for the quarter, compared to the consensus estimate of $4.92 billion. During the same period in the previous year, the business earned $7.30 earnings per share. The firm’s revenue for the quarter was up 23.5% on a year-over-year basis. Equities research analysts forecast that Cheniere Energy, Inc. will post 16.36 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 18th. Shareholders of record on Monday, August 10th were given a dividend of $0.555 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $2.22 annualized dividend and a dividend yield of 0.8%. Cheniere Energy’s dividend payout ratio (DPR) is currently 16.53%.

Cheniere Energy Profile

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.