3,167 Shares in Cheniere Energy, Inc. $LNG Purchased by Brookwood Investment Group LLC

Brookwood Investment Group LLC acquired a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,167 shares of the energy company’s stock, valued at approximately $744,000.

Several other large investors also recently modified their holdings of the stock. Assetmark Inc. increased its position in shares of Cheniere Energy by 718.1% during the 2nd quarter. Assetmark Inc. now owns 1,669 shares of the energy company’s stock worth $406,000 after purchasing an additional 1,465 shares in the last quarter. QRG Capital Management Inc. boosted its position in Cheniere Energy by 3.3% in the second quarter. QRG Capital Management Inc. now owns 39,440 shares of the energy company’s stock valued at $9,604,000 after buying an additional 1,273 shares in the last quarter. Nordea Investment Management AB grew its stake in Cheniere Energy by 3.9% during the second quarter. Nordea Investment Management AB now owns 109,285 shares of the energy company’s stock worth $26,360,000 after buying an additional 4,083 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of Cheniere Energy by 9.5% during the second quarter. Baird Financial Group Inc. now owns 97,267 shares of the energy company’s stock worth $23,686,000 after buying an additional 8,449 shares in the last quarter. Finally, Epoch Investment Partners Inc. increased its holdings in shares of Cheniere Energy by 10.4% during the second quarter. Epoch Investment Partners Inc. now owns 420,068 shares of the energy company’s stock worth $102,295,000 after buying an additional 39,467 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Price Performance

Cheniere Energy stock opened at $197.45 on Friday. The business’s 50-day simple moving average is $202.85 and its 200 day simple moving average is $223.02. The company has a quick ratio of 0.81, a current ratio of 0.94 and a debt-to-equity ratio of 1.94. The stock has a market cap of $42.50 billion, a price-to-earnings ratio of 11.00, a P/E/G ratio of 6.35 and a beta of 0.26. Cheniere Energy, Inc. has a 12-month low of $186.20 and a 12-month high of $257.65.

Cheniere Energy (NYSE:LNG) last released its earnings results on Wednesday, October 29th. The energy company reported $4.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.75 by $2.00. The company had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.87 billion. Cheniere Energy had a net margin of 21.12% and a return on equity of 37.52%. The company’s revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the company posted $3.93 EPS. As a group, research analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Increases Dividend

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

Insider Transactions at Cheniere Energy

In other Cheniere Energy news, Director W Benjamin Moreland bought 5,000 shares of the stock in a transaction on Tuesday, November 4th. The stock was purchased at an average price of $208.22 per share, with a total value of $1,041,100.00. Following the acquisition, the director 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 Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. BMO Capital Markets restated an “outperform” rating and set a $254.00 price target on shares of Cheniere Energy in a research report on Wednesday, December 17th. Bank of America decreased their target price on Cheniere Energy from $274.00 to $271.00 and set a “buy” rating on the stock in a report on Thursday, December 11th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $275.00 price target on shares of Cheniere Energy in a report on Monday, November 3rd. Jefferies Financial Group set a $290.00 price objective on shares of Cheniere Energy in a report on Thursday, October 30th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $278.00 price objective (up previously from $275.00) on shares of Cheniere Energy in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $267.53.

Cheniere Energy Profile

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.