Bensler LLC Raises Stock Holdings in Cheniere Energy, Inc. $LNG

Bensler LLC boosted its stake in shares of Cheniere Energy, Inc. (NYSE:LNG) by 7.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,541 shares of the energy company’s stock after buying an additional 2,999 shares during the quarter. Bensler LLC’s holdings in Cheniere Energy were worth $10,701,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in LNG. Salomon & Ludwin LLC purchased a new position in shares of Cheniere Energy during the 3rd quarter worth approximately $25,000. Westside Investment Management Inc. raised its position in Cheniere Energy by 473.7% in the second quarter. Westside Investment Management Inc. now owns 109 shares of the energy company’s stock valued at $26,000 after purchasing an additional 90 shares during the period. Hilltop National Bank acquired a new position in Cheniere Energy during the second quarter worth $28,000. Richardson Financial Services Inc. purchased a new position in shares of Cheniere Energy during the second quarter worth $30,000. Finally, Pin Oak Investment Advisors Inc. acquired a new stake in shares of Cheniere Energy in the second quarter valued at $34,000. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Cheniere Energy

In other news, Director W Benjamin Moreland purchased 5,000 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were bought at an average price of $208.22 per share, with a total value of $1,041,100.00. Following the completion of the transaction, the director directly owned 9,856 shares in the company, valued at approximately $2,052,216.32. This represents a 102.97% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.26% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Wells Fargo & Company cut their price objective on Cheniere Energy from $284.00 to $280.00 and set an “overweight” rating on the stock in a report on Monday, January 12th. Zacks Research downgraded Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Raymond James Financial reissued a “strong-buy” rating and set a $278.00 price target (up previously from $275.00) on shares of Cheniere Energy in a research report on Friday, October 24th. Jefferies Financial Group set a $251.00 price objective on shares of Cheniere Energy in a research note on Sunday. Finally, Weiss Ratings cut shares of Cheniere Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $263.29.

Cheniere Energy Trading Down 0.5%

NYSE LNG opened at $206.26 on Tuesday. The firm’s fifty day moving average price is $199.30 and its 200 day moving average price is $218.77. Cheniere Energy, Inc. has a 12 month low of $186.20 and a 12 month high of $246.42. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.94 and a quick ratio of 0.81. The company has a market capitalization of $44.40 billion, a price-to-earnings ratio of 11.49, a price-to-earnings-growth ratio of 6.67 and a beta of 0.26.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings data on Wednesday, October 29th. The energy company reported $4.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.75 by $2.00. The company had revenue of $4.44 billion during 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%. Cheniere Energy’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.93 earnings per share. On average, sell-side analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

About Cheniere Energy

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.