Savant Capital LLC Has $2.30 Million Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Savant Capital LLC grew its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 1.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,717 shares of the energy company’s stock after acquiring an additional 111 shares during the period. Savant Capital LLC’s holdings in Cheniere Energy were worth $2,303,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Stephens Inc. AR raised its position in Cheniere Energy by 10.8% during the 4th quarter. Stephens Inc. AR now owns 1,745 shares of the energy company’s stock worth $375,000 after purchasing an additional 170 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Cheniere Energy by 10.8% in the fourth quarter. Empowered Funds LLC now owns 28,497 shares of the energy company’s stock valued at $6,123,000 after buying an additional 2,770 shares during the period. BayBridge Capital Group LLC raised its position in shares of Cheniere Energy by 2.3% during the fourth quarter. BayBridge Capital Group LLC now owns 6,957 shares of the energy company’s stock worth $1,495,000 after acquiring an additional 158 shares during the last quarter. Platform Technology Partners acquired a new position in shares of Cheniere Energy in the fourth quarter worth approximately $219,000. Finally, Golden State Wealth Management LLC bought a new stake in Cheniere Energy in the fourth quarter valued at approximately $86,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on LNG. Bank of America assumed coverage on shares of Cheniere Energy in a report on Thursday, October 17th. They set a “buy” rating and a $215.00 price target for the company. The Goldman Sachs Group lifted their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Scotiabank boosted their target price on shares of Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a report on Tuesday, January 21st. Stifel Nicolaus increased their price target on Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Finally, Wells Fargo & Company boosted their price objective on Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research note on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $234.25.

Cheniere Energy Trading Down 4.6 %

NYSE LNG opened at $209.11 on Thursday. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 52 week low of $152.31 and a 52 week high of $257.65. The business has a 50 day moving average price of $223.37 and a 200-day moving average price of $201.85. The company has a market cap of $46.92 billion, a price-to-earnings ratio of 13.35 and a beta of 0.98.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.96%. Cheniere Energy’s payout ratio is 12.77%.

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.