180 Wealth Advisors LLC Increases Position in Cheniere Energy, Inc. (NYSE:LNG)

180 Wealth Advisors LLC increased its stake in Cheniere Energy, Inc. (NYSE:LNG) by 5.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,647 shares of the energy company’s stock after purchasing an additional 81 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Cheniere Energy were worth $266,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Cooksen Wealth LLC purchased a new position in shares of Cheniere Energy in the 4th quarter valued at about $28,000. Riverview Trust Co purchased a new position in Cheniere Energy during the 1st quarter valued at about $29,000. Scarborough Advisors LLC purchased a new position in Cheniere Energy during the 4th quarter valued at about $45,000. Quarry LP increased its holdings in Cheniere Energy by 156.3% during the 4th quarter. Quarry LP now owns 305 shares of the energy company’s stock valued at $52,000 after acquiring an additional 186 shares in the last quarter. Finally, AJOVista LLC purchased a new position in Cheniere Energy during the 4th quarter valued at about $60,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

LNG opened at $174.98 on Friday. The business has a 50 day moving average of $159.72. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.98 and a quick ratio of 0.92. Cheniere Energy, Inc. has a 1 year low of $148.57 and a 1 year high of $183.46. The firm has a market capitalization of $40.06 billion, a PE ratio of 8.52 and a beta of 0.95.

Cheniere Energy (NYSE:LNG) last released its earnings results on Friday, May 3rd. The energy company reported $2.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.17). Cheniere Energy had a return on equity of 48.19% and a net margin of 28.55%. The company had revenue of $4.25 billion during the quarter, compared to analyst estimates of $3.97 billion. During the same period in the prior year, the business posted $6.89 earnings per share. Cheniere Energy’s revenue was down 41.8% on a year-over-year basis. As a group, sell-side analysts expect that Cheniere Energy, Inc. will post 8.33 earnings per share for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 16th. Investors of record on Friday, August 9th will be given a $0.435 dividend. The ex-dividend date is Friday, August 9th. This represents a $1.74 annualized dividend and a dividend yield of 0.99%. Cheniere Energy’s dividend payout ratio is presently 8.48%.

Analysts Set New Price Targets

Several equities analysts have weighed in on LNG shares. TD Cowen raised their target price on shares of Cheniere Energy from $178.00 to $185.00 and gave the company a “buy” rating in a report on Monday, June 17th. UBS Group dropped their target price on shares of Cheniere Energy from $223.00 to $206.00 and set a “buy” rating for the company in a report on Wednesday, April 24th. JPMorgan Chase & Co. raised their target price on shares of Cheniere Energy from $213.00 to $214.00 and gave the company an “overweight” rating in a report on Friday, May 17th. Stifel Nicolaus raised their price target on shares of Cheniere Energy from $204.00 to $208.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Finally, Redburn Atlantic initiated coverage on shares of Cheniere Energy in a research note on Tuesday, April 16th. They set a “neutral” rating and a $162.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $198.64.

Cheniere Energy Profile

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.