Freedom Day Solutions LLC Raises Position in Cheniere Energy, Inc. (NYSE:LNG)

Freedom Day Solutions LLC raised its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,940 shares of the energy company’s stock after acquiring an additional 460 shares during the quarter. Freedom Day Solutions LLC’s holdings in Cheniere Energy were worth $2,566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after buying an additional 75 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in shares of Cheniere Energy during the 3rd quarter valued at $28,000. Adirondack Trust Co. purchased a new position in shares of Cheniere Energy during the 4th quarter valued at $43,000. City Holding Co. purchased a new position in shares of Cheniere Energy during the 4th quarter valued at $50,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Cheniere Energy by 53.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock valued at $66,000 after buying an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

Cheniere Energy stock opened at $218.79 on Thursday. The company’s 50-day moving average price is $222.61 and its 200-day moving average price is $202.99. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. The company has a market cap of $49.09 billion, a PE ratio of 13.97 and a beta of 0.98.

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.91%. Cheniere Energy’s payout ratio is 12.77%.

Wall Street Analyst Weigh In

LNG has been the topic of a number of analyst reports. TD Cowen lifted their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Scotiabank lifted 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. Barclays lifted their price target on shares of Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. The Goldman Sachs Group lifted their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Finally, Morgan Stanley lifted their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, Cheniere Energy presently has an average rating of “Moderate Buy” and an average target price of $234.25.

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.