Simon Quick Advisors LLC Has $542,000 Stock Position in Cheniere Energy, Inc. (NYSE:LNG)

Simon Quick Advisors LLC increased its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,523 shares of the energy company’s stock after purchasing an additional 116 shares during the quarter. Simon Quick Advisors LLC’s holdings in Cheniere Energy were worth $542,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. MassMutual Private Wealth & Trust FSB grew its position in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after buying an additional 75 shares during the last quarter. Moisand Fitzgerald Tamayo LLC bought a new stake in Cheniere Energy in the third quarter valued at approximately $27,000. Capital Performance Advisors LLP bought a new stake in Cheniere Energy in the third quarter valued at approximately $28,000. Strategic Investment Solutions Inc. IL bought a new stake in Cheniere Energy in the second quarter valued at approximately $30,000. Finally, City Holding Co. bought a new position in Cheniere Energy during the 4th quarter worth approximately $50,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Stock Down 6.5 %

Shares of NYSE LNG opened at $233.47 on Thursday. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The company has a 50-day moving average price of $221.23 and a 200-day moving average price of $196.72. The stock has a market capitalization of $52.38 billion, a P/E ratio of 14.91 and a beta of 0.99. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $257.65.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $2.06. The business had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The company’s quarterly revenue was down 9.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.37 EPS. On average, equities research analysts forecast that Cheniere Energy, Inc. will post 12.66 EPS for the current fiscal year.

Cheniere Energy Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, November 8th. This represents a $2.00 annualized dividend and a yield of 0.86%. Cheniere Energy’s dividend payout ratio (DPR) is currently 12.77%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Bank of America began coverage on shares of Cheniere Energy in a research note on Thursday, October 17th. They set a “buy” rating and a $215.00 target price for the company. The Goldman Sachs Group lifted their price objective on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. Barclays upped their target price on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Royal Bank of Canada lifted their target price on Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Finally, Stifel Nicolaus increased their price target on Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $231.64.

About Cheniere Energy

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.