Sigma Planning Corp Has $741,000 Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Sigma Planning Corp increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 20.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,449 shares of the energy company’s stock after purchasing an additional 593 shares during the period. Sigma Planning Corp’s holdings in Cheniere Energy were worth $741,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB grew its position 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 worth $26,000 after buying an additional 75 shares during the period. Capital Performance Advisors LLP bought a new position in Cheniere Energy during the 3rd quarter worth approximately $28,000. Adirondack Trust Co. acquired a new position in Cheniere Energy during the fourth quarter valued at approximately $43,000. City Holding Co. bought a new stake in Cheniere Energy in the fourth quarter valued at approximately $50,000. Finally, Farther Finance Advisors LLC raised its holdings in Cheniere Energy by 53.3% in the third quarter. Farther Finance Advisors LLC now owns 368 shares of the energy company’s stock worth $66,000 after purchasing an additional 128 shares during the period. Institutional investors own 87.26% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on LNG. Morgan Stanley boosted 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. TD Cowen boosted their target price on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Scotiabank increased their price target on Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a report on Tuesday, January 21st. UBS Group lifted their price objective on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, StockNews.com raised Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. One analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Cheniere Energy has an average rating of “Moderate Buy” and a consensus price target of $235.75.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $216.01 on Wednesday. Cheniere Energy, Inc. has a 12 month low of $152.31 and a 12 month high of $257.65. The company’s fifty day simple moving average is $223.37 and its 200-day simple moving average is $204.49. The firm has a market cap of $48.31 billion, a PE ratio of 15.18 and a beta of 0.98. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping the consensus estimate of $2.74 by $1.59. The firm had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Equities research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a yield of 0.93%. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

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.