Cibc World Market Inc. In the second quarter, Cheniere Energy, Inc. (NYSEAMERICAN: LNG – Gate Ratings) raised its position in shares to 109.5%, the company said in its most recent filing with the Securities and Exchange Commission (SEC). , The fund held 8,981 shares of the energy company’s stock after purchasing an additional 4,694 shares during the quarter. Cibc World Market Inc. Key’s holdings in Cheniere Energy were worth $1,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also modified their positions in LNG. Lincoln National Corp boosted its stake in Cheniere Energy to 4.5% in the second quarter. Lincoln National Corp now owns 1,689 shares of the energy company’s stock worth $224,000 after buying an additional 73 shares during the last quarter. Genos Wealth Management Inc. raised its stake in Cheniere Energy to 17.2% in the second quarter. Genos Wealth Management Inc. after buying an additional 74 shares during the last quarter. holds 503 shares of energy company valued at $66,000. Gouves Capital LLC boosted its stake in Cheniere Energy by 3.6% in the second quarter. Gouves Capital LLC now owns 2,185 shares of the energy company’s stock worth $291,000 after buying an additional 75 shares during the last quarter. Sprott Inc. raised its stake in Cheniere Energy by 1.5% in the first quarter. Sprott Inc. after buying an additional 84 shares during the last quarter. holds 5,530 shares of the energy company valued at $767,000. Finally, Veritable LP boosted its stake in Cheniere Energy by 3.1% in the first quarter. Veritable LP now holds 2,902 shares of the energy company valued at $402,000 after buying an additional 87 shares during the last quarter. 88.17% of the stock is currently owned by institutional investors and hedge funds.
Cheniere Energy Stock Performance
LNG opened on Monday at $167.75. The company has a market capitalization of $41.71 billion, a PE ratio of -18.14, and a beta of 1.26. The company has a current ratio of 1.08, quick ratio of 0.93 and debt-to-equity ratio of 24.30. Cheniere Energy, Inc. The 1-Year Low is $97.85 and the 1-Year High is $182.35.
Cheniere Energy (NYSEAmerican: LNG – Receive Rating) released its quarterly earnings data on Thursday, November 3. The energy company reported earnings per share (EPS) of $7.80 for the quarter, beating analysts’ consensus estimates of $5.46 by $2.34. The business’s revenue for the quarter was $8.85 billion, compared with analysts’ estimates of $8.04 billion. Cheniere Energy had a positive return on equity of 30.72% and a negative net margin of 14.77%. As a group, equity analysts expect Cheniere Energy, Inc. to earn $10.91 earnings per share for the current year.
Cheniere Energy Raises Dividend
The business most recently declared a quarterly dividend, which was paid on Wednesday, November 16. A dividend of $0.395 was paid to shareholders of record on Tuesday, November 8. This represents a $1.58 dividend and a yield of 0.94% on an annualized basis. This is up from Cheniere Energy’s previous quarterly dividend of $0.33. The ex-dividend date was Monday, November 7th. Cheniere Energy’s dividend payout ratio is -17.08%.
analyzer upgrade and downgrade
LNG has been the subject of several research analyst reports. Barclays raised its price target on Cheniere Energy from $186.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, October 12. Mizuho raised its price target on Cheniere Energy from $174.00 to $208.00 and gave the stock a “buy” rating in a report on Friday, November 4. Stifel Nicolaus raised its price target on Cheniere Energy from $159.00 to $201.00 and gave the stock a “buy” rating in a report on Monday, September 19. Jefferies Financial Group initiated coverage on Cheniere Energy in a report on Wednesday, October 19. He sets a “buy” rating and $210.00 price target on the company. Finally, Raymond James raised his price target on Cheniere Energy from $178.00 to $210.00 and gave the stock a “strong-buy” rating in a report on Thursday, October 20. Eight equity research analysts have a buy rating on the stock and one has a strong buy rating on the stock. The company currently has a consensus rating of “Buy” and an average price target of $194.33, based on data from Marketbeat.
Insider Buying and Selling at Cheniere Energy
In other Cheniere Energy news, SVP Aaron D. Stephenson sold 3,000 shares of the company’s stock in one transaction on Tuesday, August 23. The stock was sold at an average price of $168.21 for a total value of $504,630.00. Following the sale, the senior vice president now directly owns 56,016 shares in the company, valued at $9,422,451.36. The sale was disclosed in a document filed with the Securities and Exchange Commission, which can be accessed via this hyperlink. Company insiders hold 0.66% of the company’s stock.
Cheniere Energy Profile
Cheniere Energy, Inc., an energy infrastructure company, primarily engages in businesses related to liquefied natural gas (LNG) 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 the Creole Trail pipeline, a 94-mile pipeline that connects the Sabine Pass LNG terminal to various interstate pipelines; and operates the Corpus Christi Pipeline, a 21.5-mile natural gas supply pipeline that connects the Corpus Christi LNG Terminal to various interstate and intrastate natural gas pipelines.
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