Moody Lynn & Lieberson LLC Buys 200 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Moody Lynn & Lieberson LLC lifted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 9.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,418 shares of the energy company’s stock after acquiring an additional 200 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in Cheniere Energy were worth $435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Crewe Advisors LLC bought a new position in Cheniere Energy during the 1st quarter worth approximately $26,000. MCF Advisors LLC acquired a new stake in shares of Cheniere Energy during the second quarter worth $26,000. Lynx Investment Advisory bought a new position in Cheniere Energy during the second quarter worth $27,000. Carolinas Wealth Consulting LLC lifted its holdings in Cheniere Energy by 5,000.0% in the second quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company’s stock valued at $27,000 after buying an additional 150 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC bought a new stake in Cheniere Energy during the third quarter valued at $27,000. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Price Performance

Shares of LNG opened at $186.42 on Friday. The business’s fifty day moving average is $183.05 and its 200 day moving average is $171.95. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $193.16. The company has a quick ratio of 0.93, a current ratio of 1.02 and a debt-to-equity ratio of 2.63. The stock has a market cap of $42.67 billion, a P/E ratio of 9.08 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Thursday, August 8th. The energy company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Cheniere Energy had a net margin of 27.05% and a return on equity of 39.42%. Sell-side analysts anticipate that Cheniere Energy, Inc. will post 9.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on LNG shares. Bank of America started coverage on Cheniere Energy in a research report on Thursday, October 17th. They issued a “buy” rating and a $215.00 price objective for the company. Stifel Nicolaus lowered their target price on Cheniere Energy from $208.00 to $204.00 and set a “buy” rating for the company in a report on Friday, August 9th. Barclays increased their price target on Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. Finally, 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. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $200.00.

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.