Cheniere Energy, Inc. (NYSEAMERICAN:LNG) Position Boosted by Waratah Capital Advisors Ltd.

Waratah Capital Advisors Ltd. grew its holdings in shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNGGet Rating) by 47.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 137,872 shares of the energy company’s stock after purchasing an additional 44,173 shares during the period. Waratah Capital Advisors Ltd.’s holdings in Cheniere Energy were worth $19,116,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. TCI Wealth Advisors Inc. increased its position in shares of Cheniere Energy by 20.0% in the first quarter. TCI Wealth Advisors Inc. now owns 497 shares of the energy company’s stock worth $69,000 after acquiring an additional 83 shares in the last quarter. Pacific Global Investment Management Co. increased its position in shares of Cheniere Energy by 1.1% in the first quarter. Pacific Global Investment Management Co. now owns 7,837 shares of the energy company’s stock worth $1,087,000 after acquiring an additional 89 shares in the last quarter. Private Capital Group LLC increased its position in shares of Cheniere Energy by 4.3% in the first quarter. Private Capital Group LLC now owns 2,183 shares of the energy company’s stock worth $303,000 after acquiring an additional 90 shares in the last quarter. American Money Management LLC increased its position in shares of Cheniere Energy by 0.5% in the fourth quarter. American Money Management LLC now owns 19,237 shares of the energy company’s stock worth $1,951,000 after acquiring an additional 100 shares in the last quarter. Finally, Gouws Capital LLC increased its position in shares of Cheniere Energy by 5.0% in the first quarter. Gouws Capital LLC now owns 2,110 shares of the energy company’s stock worth $293,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 88.17% of the company’s stock.

Cheniere Energy Price Performance

NYSEAMERICAN:LNG traded up $2.64 during trading hours on Friday, hitting $146.77. 1,468,327 shares of the company traded hands, compared to its average volume of 2,259,120. The stock has a market cap of $37.30 billion, a P/E ratio of -15.87 and a beta of 1.26. Cheniere Energy, Inc. has a twelve month low of $82.15 and a twelve month high of $150.61. The company has a debt-to-equity ratio of 24.30, a current ratio of 1.08 and a quick ratio of 0.93.

Cheniere Energy (NYSEAMERICAN:LNGGet Rating) last announced its quarterly earnings results on Thursday, August 4th. The energy company reported $2.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.74 by ($0.84). The business had revenue of $8.01 billion during the quarter, compared to the consensus estimate of $6.42 billion. Cheniere Energy had a negative net margin of 14.77% and a positive return on equity of 30.72%. The company’s quarterly revenue was up 165.4% compared to the same quarter last year. During the same period last year, the firm earned ($1.30) EPS. Analysts anticipate that Cheniere Energy, Inc. will post 10.91 earnings per share for the current year.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 16th. Shareholders of record on Tuesday, August 9th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Monday, August 8th. Cheniere Energy’s dividend payout ratio (DPR) is presently -14.27%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on LNG. Cowen lifted their target price on shares of Cheniere Energy from $145.00 to $170.00 in a research report on Thursday, May 5th. Raymond James lifted their target price on shares of Cheniere Energy from $175.00 to $178.00 and gave the stock a “strong-buy” rating in a research report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of Cheniere Energy from $183.00 to $192.00 in a research report on Thursday, May 12th. Mizuho boosted their price objective on shares of Cheniere Energy from $159.00 to $167.00 in a research report on Friday. Finally, Royal Bank of Canada boosted their price objective on shares of Cheniere Energy from $178.00 to $179.00 and gave the company an “outperform” rating in a research report on Tuesday, July 12th. Nine investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Cheniere Energy presently has a consensus rating of “Buy” and an average target price of $162.18.

Cheniere Energy Profile

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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 pipeline interconnecting the Sabine Pass LNG terminal with various interstate 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.

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Institutional Ownership by Quarter for Cheniere Energy (NYSEAMERICAN:LNG)

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