Lester Murray Antman dba SimplyRich Buys 754 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Lester Murray Antman dba SimplyRich boosted its stake in Cheniere Energy, Inc. (NYSE:LNG) by 54.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,139 shares of the energy company’s stock after purchasing an additional 754 shares during the quarter. Lester Murray Antman dba SimplyRich’s holdings in Cheniere Energy were worth $459,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB raised 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 acquiring an additional 75 shares during the period. Capital Performance Advisors LLP bought a new stake in Cheniere Energy in the third quarter valued at approximately $28,000. Adirondack Trust Co. bought a new stake in Cheniere Energy in the fourth quarter valued at approximately $43,000. City Holding Co. acquired a new stake in Cheniere Energy in the fourth quarter worth $50,000. Finally, ORG Wealth Partners LLC bought a new position in shares of Cheniere Energy during the third quarter worth $53,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Down 1.2 %

Cheniere Energy stock opened at $218.83 on Wednesday. The company has a fifty day simple moving average of $223.46 and a 200 day simple moving average of $201.55. 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, Inc. has a 1-year low of $152.31 and a 1-year high of $257.65. The company has a market cap of $49.10 billion, a P/E ratio of 13.97 and a beta of 0.98.

Cheniere Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Friday, February 7th. Cheniere Energy’s dividend payout ratio is currently 12.77%.

Wall Street Analyst Weigh In

A number of analysts recently commented on LNG shares. Stifel Nicolaus upped their price objective on shares of Cheniere Energy from $204.00 to $237.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Bank of America assumed coverage on Cheniere Energy in a research report on Thursday, October 17th. They set a “buy” rating and a $215.00 price target on the stock. Barclays boosted their price objective on Cheniere Energy from $202.00 to $253.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Scotiabank raised their target price on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a report on Tuesday, January 21st. Finally, Morgan Stanley upped their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $234.25.

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.