Cheniere Energy, Inc. (NYSEAMERICAN:LNG) Shares Bought by Waratah Capital Advisors Ltd.

Waratah Capital Advisors Ltd. raised its holdings in Cheniere Energy, Inc. (NYSEAMERICAN:LNGGet Rating) by 47.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 137,872 shares of the energy company’s stock after purchasing an additional 44,173 shares during the quarter. Waratah Capital Advisors Ltd. owned about 0.05% of Cheniere Energy worth $19,116,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of LNG. Riverview Trust Co acquired a new position in shares of Cheniere Energy during the first quarter worth about $25,000. Northwest Investment Counselors LLC acquired a new position in shares of Cheniere Energy during the first quarter worth about $28,000. Godsey & Gibb Associates acquired a new position in shares of Cheniere Energy during the first quarter worth about $35,000. Optimum Investment Advisors acquired a new position in shares of Cheniere Energy during the first quarter worth about $49,000. Finally, Harbor Investment Advisory LLC acquired a new position in shares of Cheniere Energy during the first quarter worth about $59,000. 88.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LNG has been the topic of a number of research analyst reports. Wells Fargo & Company boosted their price objective on shares of Cheniere Energy from $162.00 to $185.00 in a report on Monday, May 9th. Mizuho boosted their price objective on shares of Cheniere Energy from $159.00 to $167.00 in a report on Friday. Raymond James boosted their price objective on shares of Cheniere Energy from $175.00 to $178.00 and gave the stock a “strong-buy” rating in a report on Friday. Cowen boosted their price objective on shares of Cheniere Energy from $145.00 to $170.00 in a report on Thursday, May 5th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Cheniere Energy from $183.00 to $192.00 in a report on Thursday, May 12th. Nine research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $162.18.

Cheniere Energy Stock Performance

LNG stock traded up $2.64 on Friday, hitting $146.77. 1,468,327 shares of the company were exchanged, compared to its average volume of 2,259,120. Cheniere Energy, Inc. has a twelve month low of $82.15 and a twelve month high of $150.61. The company has a debt-to-equity ratio of 24.30, a quick ratio of 0.93 and a current ratio of 1.08. The firm has a market capitalization of $37.30 billion, a price-to-earnings ratio of -15.87 and a beta of 1.26.

Cheniere Energy (NYSEAMERICAN:LNGGet Rating) last released its quarterly earnings data on Thursday, August 4th. The energy company reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.74 by ($0.84). Cheniere Energy had a positive return on equity of 30.72% and a negative net margin of 14.77%. The business had revenue of $8.01 billion during the quarter, compared to analyst estimates of $6.42 billion. During the same period in the previous year, the company earned ($1.30) EPS. Cheniere Energy’s revenue was up 165.4% on a year-over-year basis. Sell-side analysts anticipate that Cheniere Energy, Inc. will post 10.91 EPS for the current year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 16th. Stockholders of record on Tuesday, August 9th will be paid a $0.33 dividend. The ex-dividend date is Monday, August 8th. This represents a $1.32 annualized dividend and a dividend yield of 0.90%. Cheniere Energy’s dividend payout ratio (DPR) is presently -14.27%.

About Cheniere Energy

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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 pipeline interconnecting the Sabine Pass LNG terminal with various interstate 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.

Further Reading

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Institutional Ownership by Quarter for Cheniere Energy (NYSEAMERICAN:LNG)

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