Oxbow Advisors LLC Grows Stake in Cheniere Energy, Inc. (NYSE:LNG)

Oxbow Advisors LLC lifted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 0.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,422 shares of the energy company’s stock after purchasing an additional 56 shares during the period. Oxbow Advisors LLC’s holdings in Cheniere Energy were worth $5,248,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Paradigm Asset Management Co. LLC purchased a new stake in shares of Cheniere Energy during the fourth quarter worth about $494,000. Allianz Asset Management GmbH boosted its position in Cheniere Energy by 25.7% during the fourth quarter. Allianz Asset Management GmbH now owns 1,214,951 shares of the energy company’s stock worth $261,057,000 after acquiring an additional 248,316 shares during the last quarter. White Wing Wealth Management acquired a new position in Cheniere Energy during the fourth quarter worth about $284,000. Freedom Day Solutions LLC boosted its position in Cheniere Energy by 4.0% during the fourth quarter. Freedom Day Solutions LLC now owns 11,940 shares of the energy company’s stock worth $2,566,000 after acquiring an additional 460 shares during the last quarter. Finally, Hudson Value Partners LLC boosted its position in Cheniere Energy by 5.3% during the fourth quarter. Hudson Value Partners LLC now owns 12,386 shares of the energy company’s stock worth $2,661,000 after acquiring an additional 628 shares during the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $220.90 on Friday. The firm’s 50 day moving average price is $222.92 and its 200-day moving average price is $203.27. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a one year low of $152.31 and a one year high of $257.65. The firm has a market cap of $49.56 billion, a P/E ratio of 14.11 and a beta of 0.98.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. As a group, equities research analysts predict that Cheniere Energy, Inc. will post 12.77 EPS for the current year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.91%. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Barclays boosted their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. StockNews.com upgraded shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday. Wells Fargo & Company boosted their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. TD Cowen boosted their price target on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, Stifel Nicolaus boosted their price target on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday. One analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, Cheniere Energy currently has an average rating of “Moderate Buy” and an average price target of $235.75.

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.