Fox Run Management L.L.C. Buys 4,561 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Fox Run Management L.L.C. lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 85.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 9,923 shares of the energy company’s stock after acquiring an additional 4,561 shares during the period. Cheniere Energy makes up about 0.4% of Fox Run Management L.L.C.’s investment portfolio, making the stock its 11th biggest position. Fox Run Management L.L.C.’s holdings in Cheniere Energy were worth $2,132,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LNG. Thrivent Financial for Lutherans lifted its holdings in shares of Cheniere Energy by 89.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 5,945 shares of the energy company’s stock worth $1,069,000 after acquiring an additional 2,808 shares during the period. MAI Capital Management increased its position in Cheniere Energy by 1.5% in the 3rd quarter. MAI Capital Management now owns 4,204 shares of the energy company’s stock valued at $756,000 after acquiring an additional 62 shares in the last quarter. Pathstone Holdings LLC increased its position in Cheniere Energy by 10.1% in the 3rd quarter. Pathstone Holdings LLC now owns 15,871 shares of the energy company’s stock valued at $2,854,000 after acquiring an additional 1,460 shares in the last quarter. Caprock Group LLC grew its position in shares of Cheniere Energy by 76.4% during the 3rd quarter. Caprock Group LLC now owns 5,581 shares of the energy company’s stock worth $1,004,000 after buying an additional 2,417 shares during the period. Finally, Prospera Financial Services Inc grew its position in shares of Cheniere Energy by 2.4% during the 3rd quarter. Prospera Financial Services Inc now owns 3,891 shares of the energy company’s stock worth $700,000 after buying an additional 90 shares during the period. 87.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on LNG shares. Morgan Stanley lifted their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Barclays lifted their price objective on shares of Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. UBS Group reissued a “buy” rating and set a $277.00 price objective on shares of Cheniere Energy in a research note on Tuesday. Stifel Nicolaus lifted 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. Finally, Mizuho lifted their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the stock an “outperform” rating in a research note on Tuesday. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Cheniere Energy has an average rating of “Moderate Buy” and an average target price of $239.79.

Insider Buying and Selling

In related news, Director G Andrea Botta sold 9,000 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the transaction, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.29% of the stock is owned by corporate insiders.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $227.24 on Friday. The company’s fifty day simple moving average is $225.03 and its 200-day simple moving average is $208.75. 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 firm has a market cap of $50.83 billion, a PE ratio of 15.97 and a beta of 0.94. Cheniere Energy, Inc. has a 12 month low of $152.88 and a 12 month high of $257.65.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $2.74 by $1.59. The business had revenue of $4.44 billion for 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%. Equities research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.88%. Cheniere Energy’s payout ratio is 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.