2,670 Shares in Cheniere Energy, Inc. $LNG Acquired by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft bought a new position in Cheniere Energy, Inc. (NYSE:LNG) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,670 shares of the energy company’s stock, valued at approximately $711,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strive Financial Group LLC bought a new stake in shares of Cheniere Energy in the 4th quarter worth $25,000. Kohmann Bosshard Financial Services LLC acquired a new position in Cheniere Energy during the fourth quarter worth about $26,000. Financial Life Planners bought a new stake in Cheniere Energy in the first quarter worth about $26,000. Caitong International Asset Management Co. Ltd bought a new stake in Cheniere Energy in the third quarter worth about $27,000. Finally, Accordant Advisory Group Inc acquired a new stake in Cheniere Energy in the 4th quarter valued at about $29,000. 87.26% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on LNG shares. Benchmark restated an “outperform” rating on shares of Cheniere Energy in a research report on Tuesday, May 26th. Sanford C. Bernstein initiated coverage on shares of Cheniere Energy in a report on Tuesday, June 16th. They issued a “market perform” rating and a $283.00 target price on the stock. Wall Street Zen cut shares of Cheniere Energy from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. Morgan Stanley decreased their price target on shares of Cheniere Energy from $313.00 to $308.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 21st. Finally, Jefferies Financial Group increased their price objective on Cheniere Energy from $275.00 to $330.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $298.47.

Cheniere Energy Stock Down 0.7%

Shares of NYSE:LNG opened at $263.18 on Wednesday. The company has a debt-to-equity ratio of 2.55, a quick ratio of 0.48 and a current ratio of 0.57. The company has a market cap of $55.15 billion, a PE ratio of 43.29 and a beta of -0.01. Cheniere Energy, Inc. has a 52 week low of $186.20 and a 52 week high of $300.89. The firm has a 50 day simple moving average of $242.78 and a 200 day simple moving average of $240.84.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Monday, May 11th were issued a dividend of $0.555 per share. The ex-dividend date was Monday, May 11th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 0.8%. Cheniere Energy’s payout ratio is currently 36.51%.

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.