Caprock Group LLC Acquires Shares of 11,369 Cheniere Energy, Inc. $LNG

Caprock Group LLC bought a new position in Cheniere Energy, Inc. (NYSE:LNG) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,369 shares of the energy company’s stock, valued at approximately $2,749,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LNG. Krilogy Financial LLC purchased a new stake in Cheniere Energy in the 3rd quarter worth approximately $480,000. Advisors Asset Management Inc. lifted its stake in shares of Cheniere Energy by 18.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 13,153 shares of the energy company’s stock valued at $3,091,000 after purchasing an additional 2,035 shares during the period. Stratos Wealth Partners LTD. boosted its holdings in Cheniere Energy by 50.0% during the third quarter. Stratos Wealth Partners LTD. now owns 11,141 shares of the energy company’s stock worth $2,618,000 after buying an additional 3,712 shares in the last quarter. Stratos Investment Management LLC boosted its holdings in Cheniere Energy by 1.8% during the third quarter. Stratos Investment Management LLC now owns 24,142 shares of the energy company’s stock worth $5,673,000 after buying an additional 436 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft grew its position in Cheniere Energy by 18.5% during the third quarter. Baader Bank Aktiengesellschaft now owns 2,599 shares of the energy company’s stock valued at $603,000 after buying an additional 406 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Erste Group Bank cut Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, November 10th. BMO Capital Markets reaffirmed an “outperform” rating and set a $254.00 target price on shares of Cheniere Energy in a research note on Wednesday, December 17th. Jefferies Financial Group set a $251.00 price target on shares of Cheniere Energy in a research note on Sunday, January 25th. Bank of America cut their price target on shares of Cheniere Energy from $274.00 to $271.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Finally, Citigroup decreased their price objective on shares of Cheniere Energy from $283.00 to $280.00 and set a “buy” rating on the stock in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $264.24.

Cheniere Energy Price Performance

Shares of NYSE LNG opened at $217.79 on Friday. The firm has a 50-day simple moving average of $200.53 and a 200-day simple moving average of $217.25. 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 capitalization of $46.88 billion, a price-to-earnings ratio of 12.13 and a beta of 0.27. Cheniere Energy, Inc. has a 52 week low of $186.20 and a 52 week high of $246.42.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 6th will be given a dividend of $0.555 per share. The ex-dividend date is Friday, February 6th. This represents a $2.22 dividend on an annualized basis and a yield of 1.0%. Cheniere Energy’s dividend payout ratio (DPR) is presently 12.37%.

Cheniere Energy Company 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.