Quaero Capital S.A. Takes Position in Cheniere Energy, Inc. (NYSE:LNG)

Quaero Capital S.A. bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) in the 4th quarter, HoldingsChannel.com reports. The firm bought 2,860 shares of the energy company’s stock, valued at approximately $615,000.

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

Cheniere Energy Stock Up 1.6 %

Shares of LNG stock opened at $213.37 on Friday. The stock’s 50 day simple moving average is $222.75 and its 200 day simple moving average is $201.95. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. Cheniere Energy, Inc. has a twelve month low of $152.31 and a twelve month high of $257.65. The company has a market capitalization of $47.87 billion, a price-to-earnings ratio of 13.62 and a beta of 0.98.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend is Friday, February 7th. Cheniere Energy’s payout ratio is 12.77%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Barclays increased their price objective on 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 increased their price objective on Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. The Goldman Sachs Group increased their price objective on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Scotiabank upped their target price on Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. Finally, TD Cowen raised 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. Two equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, Cheniere Energy 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.