Cheniere Energy, Inc. (NYSE:LNG) Position Decreased by Beddow Capital Management Inc.

Beddow Capital Management Inc. trimmed its stake in Cheniere Energy, Inc. (NYSE:LNG) by 0.2% in the 4th quarter, HoldingsChannel reports. The firm owned 35,895 shares of the energy company’s stock after selling 75 shares during the period. Cheniere Energy makes up 3.2% of Beddow Capital Management Inc.’s portfolio, making the stock its 10th largest holding. Beddow Capital Management Inc.’s holdings in Cheniere Energy were worth $7,713,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted 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 valued at $26,000 after buying an additional 75 shares in the last quarter. WR Wealth Planners LLC lifted its holdings in Cheniere Energy by 373.1% during the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock valued at $26,000 after purchasing an additional 97 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Cheniere Energy during the fourth quarter valued at approximately $29,000. Adirondack Trust Co. purchased a new stake in shares of Cheniere Energy in the fourth quarter worth $43,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Cheniere Energy in the fourth quarter worth $46,000. 87.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LNG has been the subject of a number of analyst reports. UBS Group reissued a “buy” rating and issued a $277.00 price objective on shares of Cheniere Energy in a research note on Tuesday. Stifel Nicolaus increased their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Morgan Stanley increased their price objective on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. TD Cowen increased their price objective on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Finally, Mizuho upped their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $239.79.

Insider Transactions at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the transaction, the director now owns 33,934 shares of the company’s stock, valued at $7,448,852.34. This trade represents a 20.96 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.29% of the company’s stock.

Cheniere Energy Price Performance

LNG stock opened at $227.24 on Friday. The company has a fifty day simple moving average of $225.03 and a two-hundred day simple moving average of $208.75. The firm has a market capitalization of $50.83 billion, a P/E ratio of 15.97 and a beta of 0.94. 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, Inc. has a 52 week low of $152.88 and a 52 week high of $257.65.

Cheniere Energy (NYSE:LNG) last released its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $1.59. The firm had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. Analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently announced 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 0.88%. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

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.