Brokerages Set Cheniere Energy, Inc. (NYSE:LNG) PT at $236.33

Shares of Cheniere Energy, Inc. (NYSE:LNG) have been assigned an average recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $236.33.

Several equities research analysts recently weighed in on the company. StockNews.com raised Cheniere Energy from a “hold” rating to a “buy” rating in a research note on Friday, February 21st. Wells Fargo & Company increased their target price on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 18th. The Goldman Sachs Group increased their target price on Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a research note on Thursday, December 19th. Morgan Stanley increased their target price on Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Finally, TD Cowen increased their target price on Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, January 27th.

Cheniere Energy Price Performance

Shares of LNG stock opened at $218.61 on Thursday. The stock has a market cap of $48.90 billion, a price-to-earnings ratio of 15.36 and a beta of 0.94. The business’s fifty day moving average is $224.85 and its 200 day moving average is $207.45. Cheniere Energy has a twelve month low of $152.88 and a twelve month high of $257.65. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping the consensus estimate of $2.74 by $1.59. The company had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. Research analysts expect that Cheniere Energy will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued 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 was Friday, February 7th. Cheniere Energy’s dividend payout ratio (DPR) is 14.05%.

Insider Transactions at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares of the company’s stock, valued at $7,448,852.34. The trade was a 20.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On Cheniere Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Lansforsakringar Fondforvaltning AB publ bought a new position in shares of Cheniere Energy in the 4th quarter worth $15,912,000. TFR Capital LLC. bought a new position in shares of Cheniere Energy in the 4th quarter worth $1,532,000. Total Wealth Planning & Management Inc. bought a new position in shares of Cheniere Energy in the 4th quarter worth $1,414,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Cheniere Energy in the 4th quarter worth $45,545,000. Finally, REAP Financial Group LLC raised its position in shares of Cheniere Energy by 150.0% in the 4th quarter. REAP Financial Group LLC now owns 125 shares of the energy company’s stock worth $27,000 after acquiring an additional 75 shares in the last quarter. 87.26% of the stock is owned by institutional investors.

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.