Compound Global Advisors LLC bought a new stake in Cheniere Energy, Inc. (NYSE:LNG – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,000 shares of the energy company’s stock, valued at approximately $215,000.
A number of other institutional investors have also recently bought and sold shares of LNG. MassMutual Private Wealth & Trust FSB lifted its position in shares of Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after acquiring an additional 75 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of Cheniere Energy during the 3rd quarter valued at $28,000. Adirondack Trust Co. bought a new stake in shares of Cheniere Energy during the fourth quarter worth about $43,000. City Holding Co. acquired a new position in Cheniere Energy in the 4th quarter valued at approximately $50,000. Finally, ORG Wealth Partners LLC acquired a new stake in Cheniere Energy in the third quarter valued at $53,000. Institutional investors own 87.26% of the company’s stock.
Cheniere Energy Stock Up 1.8 %
LNG opened at $221.38 on Tuesday. The company has a market cap of $49.67 billion, a PE ratio of 14.14 and a beta of 0.98. The company has a 50 day moving average of $223.48 and a 200 day moving average of $201.23. Cheniere Energy, Inc. has a 12 month low of $152.31 and a 12 month high of $257.65. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41.
Cheniere Energy Dividend Announcement
Wall Street Analyst Weigh In
Several research analysts have issued reports on the stock. The Goldman Sachs Group raised their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. TD Cowen boosted their price objective on Cheniere Energy from $242.00 to $250.00 and gave the company a “buy” rating in a report on Monday, January 27th. Bank of America started coverage on shares of Cheniere Energy in a report on Thursday, October 17th. They issued a “buy” rating and a $215.00 target price on the stock. UBS Group raised their price objective on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, Royal Bank of Canada boosted their target price on Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. Two investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, Cheniere Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $234.25.
Get Our Latest Report on Cheniere Energy
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.
See Also
- Five stocks we like better than Cheniere Energy
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Merck: 4 No-Brainer Reasons to Buy This Dip
- How to Calculate Return on Investment (ROI)
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- Consumer Discretionary Stocks Explained
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Receive News & Ratings for Cheniere Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy and related companies with MarketBeat.com's FREE daily email newsletter.