Savant Capital LLC Buys 1,453 Shares of Cheniere Energy, Inc. $LNG

Savant Capital LLC boosted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 8.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,095 shares of the energy company’s stock after purchasing an additional 1,453 shares during the quarter. Savant Capital LLC’s holdings in Cheniere Energy were worth $4,407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LNG. Pinnacle Bancorp Inc. lifted its position in shares of Cheniere Energy by 134.1% during the second quarter. Pinnacle Bancorp Inc. now owns 103 shares of the energy company’s stock valued at $25,000 after buying an additional 59 shares during the last quarter. Westside Investment Management Inc. lifted its position in Cheniere Energy by 473.7% during the second quarter. Westside Investment Management Inc. now owns 109 shares of the energy company’s stock valued at $26,000 after acquiring an additional 90 shares during the last quarter. Hilltop National Bank acquired a new stake in Cheniere Energy in the second quarter valued at approximately $28,000. Richardson Financial Services Inc. purchased a new position in Cheniere Energy in the second quarter worth $30,000. Finally, WPG Advisers LLC purchased a new position in Cheniere Energy in the first quarter worth $38,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Down 0.1%

Cheniere Energy stock opened at $207.83 on Friday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.85 and a current ratio of 0.98. The business’s 50-day simple moving average is $227.67 and its two-hundred day simple moving average is $232.45. The company has a market cap of $44.73 billion, a PE ratio of 12.13, a PEG ratio of 6.08 and a beta of 0.36. Cheniere Energy, Inc. has a fifty-two week low of $188.70 and a fifty-two week high of $257.65.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Wednesday, October 29th. The energy company reported $4.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.75 by $2.00. Cheniere Energy had a return on equity of 37.83% and a net margin of 21.05%.The firm had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.87 billion. During the same period last year, the business posted $3.93 earnings per share. The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. Equities analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 18th. Shareholders of record on Friday, November 7th will be given a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $2.22 dividend on an annualized basis and a yield of 1.1%. This is a boost from Cheniere Energy’s previous quarterly dividend of $0.50. Cheniere Energy’s payout ratio is 12.37%.

Insider Buying and Selling

In other Cheniere Energy news, Director W Benjamin Moreland acquired 5,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were acquired at an average cost of $208.22 per share, with a total value of $1,041,100.00. Following the acquisition, the director directly owned 9,856 shares of the company’s stock, valued at approximately $2,052,216.32. The trade was a 102.97% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Mizuho increased their price objective on Cheniere Energy from $268.00 to $273.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cheniere Energy in a research report on Wednesday, October 8th. Zacks Research cut Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. TD Cowen boosted their price target on Cheniere Energy from $265.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Finally, Raymond James Financial restated a “strong-buy” rating and set a $278.00 price objective (up previously from $275.00) on shares of Cheniere Energy in a report on Friday, October 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Cheniere Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $268.73.

Cheniere Energy Company 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.