Foundations Investment Advisors LLC Raises Stake in Cheniere Energy, Inc. (NYSE:LNG)

Foundations Investment Advisors LLC raised its position in Cheniere Energy, Inc. (NYSE:LNG) by 17.5% in the fourth quarter, Holdings Channel reports. The fund owned 68,652 shares of the energy company’s stock after buying an additional 10,241 shares during the period. Foundations Investment Advisors LLC’s holdings in Cheniere Energy were worth $14,751,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in LNG. MassMutual Private Wealth & Trust FSB lifted its stake in Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after acquiring an additional 75 shares during the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new position in Cheniere Energy in the third quarter worth approximately $27,000. Capital Performance Advisors LLP purchased a new position in Cheniere Energy in the third quarter worth approximately $28,000. Strategic Investment Solutions Inc. IL purchased a new position in Cheniere Energy in the second quarter worth approximately $30,000. Finally, Adirondack Trust Co. purchased a new position in Cheniere Energy in the fourth quarter worth approximately $43,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on LNG shares. UBS Group lifted their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Royal Bank of Canada raised their price objective on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. TD Cowen raised their price objective on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a report on Monday. The Goldman Sachs Group raised their price objective on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Finally, Barclays raised their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, Cheniere Energy presently has an average rating of “Moderate Buy” and a consensus target price of $232.36.

Cheniere Energy Stock Performance

NYSE:LNG opened at $228.45 on Monday. The firm’s fifty day moving average price is $222.57 and its 200 day moving average price is $197.94. Cheniere Energy, Inc. has a 1-year low of $152.31 and a 1-year high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The firm has a market cap of $51.26 billion, a price-to-earnings ratio of 14.62 and a beta of 0.99.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $2.06. The firm had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. Cheniere Energy’s quarterly revenue was down 9.5% on a year-over-year basis. During the same period last year, the firm posted $2.37 EPS. On average, sell-side analysts expect that Cheniere Energy, Inc. will post 12.67 EPS for the current year.

Cheniere Energy Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.00 annualized dividend and a dividend yield of 0.88%. Cheniere Energy’s payout ratio is currently 12.77%.

Cheniere Energy 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.