Cheniere Energy, Inc. $LNG Shares Bought by Leonteq Securities AG

Leonteq Securities AG increased its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 272.0% during the first quarter, Holdings Channel reports. The firm owned 4,743 shares of the energy company’s stock after purchasing an additional 3,468 shares during the period. Leonteq Securities AG’s holdings in Cheniere Energy were worth $1,346,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Viking Fund Management LLC grew its holdings in shares of Cheniere Energy by 66.7% in the 4th quarter. Viking Fund Management LLC now owns 45,000 shares of the energy company’s stock worth $8,748,000 after acquiring an additional 18,000 shares during the last quarter. Trivium Point Advisory LLC raised its position in shares of Cheniere Energy by 38.8% during the fourth quarter. Trivium Point Advisory LLC now owns 56,930 shares of the energy company’s stock worth $11,067,000 after purchasing an additional 15,927 shares during the period. J. Safra Sarasin Holding AG lifted its holdings in shares of Cheniere Energy by 227.7% during the fourth quarter. J. Safra Sarasin Holding AG now owns 15,505 shares of the energy company’s stock valued at $3,014,000 after purchasing an additional 10,774 shares during the last quarter. Lewis Asset Management LLC lifted its holdings in shares of Cheniere Energy by 127.4% during the fourth quarter. Lewis Asset Management LLC now owns 8,751 shares of the energy company’s stock valued at $1,701,000 after purchasing an additional 4,903 shares during the last quarter. Finally, Generate Investment Management Ltd acquired a new position in shares of Cheniere Energy in the 4th quarter valued at $10,691,000. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Trading Down 0.0%

Shares of NYSE:LNG opened at $245.93 on Friday. The firm has a fifty day moving average of $242.25 and a two-hundred day moving average of $234.70. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 2.55. Cheniere Energy, Inc. has a 12-month low of $186.20 and a 12-month high of $300.89. The firm has a market capitalization of $51.53 billion, a P/E ratio of 40.45 and a beta of -0.01.

Cheniere Energy Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on LNG shares. BMO Capital Markets lifted their price target on Cheniere Energy from $265.00 to $306.00 and gave the stock an “outperform” rating in a research note on Monday, March 23rd. Morgan Stanley reduced their price objective on shares of Cheniere Energy from $313.00 to $308.00 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. The Goldman Sachs Group lifted their target price on shares of Cheniere Energy from $276.00 to $312.00 and gave the stock a “buy” rating in a research report on Tuesday, March 24th. Wall Street Zen lowered shares of Cheniere Energy from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. Finally, Bank of America upped their price target on shares of Cheniere Energy from $296.00 to $322.00 and gave the company a “buy” rating in a research report on Friday, March 20th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $297.71.

Cheniere Energy Company 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.