Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC lowered its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 1.4% during the fourth quarter, Holdings Channel reports. The firm owned 14,094 shares of the energy company’s stock after selling 194 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Cheniere Energy were worth $3,028,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Creative Planning acquired a new position in Cheniere Energy during the second quarter worth approximately $276,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Cheniere Energy by 26.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,954 shares of the energy company’s stock worth $1,216,000 after acquiring an additional 1,453 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in shares of Cheniere Energy by 23.8% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 6,945 shares of the energy company’s stock valued at $341,000 after acquiring an additional 1,336 shares during the period. Truist Financial Corp raised its position in Cheniere Energy by 6.9% in the 2nd quarter. Truist Financial Corp now owns 19,487 shares of the energy company’s stock valued at $957,000 after purchasing an additional 1,255 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in Cheniere Energy by 40.8% during the 2nd quarter. Cetera Investment Advisers now owns 43,345 shares of the energy company’s stock worth $2,129,000 after purchasing an additional 12,554 shares during the period. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Stock Down 2.8 %

Shares of NYSE LNG opened at $223.71 on Monday. 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 50-day moving average price of $223.15 and a 200 day moving average price of $199.51. Cheniere Energy, Inc. has a 52 week low of $152.31 and a 52 week high of $257.65. The stock has a market capitalization of $50.19 billion, a price-to-earnings ratio of 14.29 and a beta of 0.99.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 EPS for the quarter, topping the consensus estimate of $1.87 by $2.06. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The business had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same quarter in the previous year, the company earned $2.37 EPS. The company’s quarterly revenue was down 9.5% on a year-over-year basis. Equities research analysts anticipate that Cheniere Energy, Inc. will post 12.67 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is 12.77%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Royal Bank of Canada lifted their price objective on shares of Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Morgan Stanley increased their price objective on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research report on Friday. TD Cowen upped their price target on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Bank of America initiated coverage on Cheniere Energy in a report on Thursday, October 17th. They set a “buy” rating and a $215.00 price target for the company. Finally, UBS Group boosted their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $234.25.

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.