J.W. Cole Advisors Inc. Boosts Position in Cheniere Energy, Inc. (NYSE:LNG)

J.W. Cole Advisors Inc. lifted its position in Cheniere Energy, Inc. (NYSE:LNG) by 22.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,260 shares of the energy company’s stock after buying an additional 794 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Cheniere Energy were worth $915,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Miracle Mile Advisors LLC bought a new stake in Cheniere Energy during the 4th quarter worth approximately $2,127,000. Fractal Investments LLC increased its holdings in shares of Cheniere Energy by 31.0% in the fourth quarter. Fractal Investments LLC now owns 59,200 shares of the energy company’s stock worth $12,720,000 after purchasing an additional 14,000 shares during the period. Anderson Hoagland & Co. purchased a new stake in shares of Cheniere Energy in the fourth quarter worth $2,460,000. Insight Wealth Strategies LLC bought a new stake in Cheniere Energy during the fourth quarter valued at $4,455,000. Finally, Kathmere Capital Management LLC purchased a new position in Cheniere Energy during the fourth quarter worth about $245,000. 87.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the company. UBS Group raised their price target on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a report on Friday, November 15th. Scotiabank raised their target price on shares of Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. The Goldman Sachs Group lifted their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. TD Cowen increased their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Finally, Stifel Nicolaus lifted their price objective on shares of Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $234.25.

Cheniere Energy Price Performance

LNG stock opened at $215.43 on Wednesday. The stock has a market capitalization of $48.34 billion, a price-to-earnings ratio of 13.76 and a beta of 0.98. The firm’s 50-day moving average price is $222.56 and its two-hundred day moving average price is $202.72. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $257.65.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Friday, February 7th. 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.