Rothschild Investment LLC Acquires 673 Shares of Cheniere Energy, Inc. $LNG

Rothschild Investment LLC lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 55.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,893 shares of the energy company’s stock after buying an additional 673 shares during the period. Rothschild Investment LLC’s holdings in Cheniere Energy were worth $461,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of LNG. Kingstone Capital Partners Texas LLC bought a new stake in Cheniere Energy during the second quarter worth about $384,806,000. Nuveen LLC bought a new stake in shares of Cheniere Energy during the 1st quarter worth approximately $294,793,000. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of Cheniere Energy by 704.3% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 952,092 shares of the energy company’s stock worth $231,853,000 after purchasing an additional 833,723 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Cheniere Energy by 33.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,031,767 shares of the energy company’s stock valued at $470,151,000 after buying an additional 504,960 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Cheniere Energy by 25.7% in the first quarter. Royal Bank of Canada now owns 2,395,267 shares of the energy company’s stock valued at $554,265,000 after buying an additional 488,994 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cheniere Energy in a research report on Wednesday, October 8th. Erste Group Bank cut shares of Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, November 10th. Zacks Research cut Cheniere Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Jefferies Financial Group set a $290.00 price target on Cheniere Energy in a research report on Thursday, October 30th. Finally, Mizuho raised their price objective on Cheniere Energy from $268.00 to $273.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. One equities research 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 company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $268.47.

Insider Buying and Selling

In other news, Director W Benjamin Moreland acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were purchased at an average cost of $208.22 per share, with a total value of $1,041,100.00. Following the acquisition, the director directly owned 9,856 shares in the company, valued at $2,052,216.32. This represents a 102.97% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 0.26% of the stock is currently owned by corporate insiders.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $213.28 on Wednesday. Cheniere Energy, Inc. has a 52 week low of $188.70 and a 52 week high of $257.65. The company has a market capitalization of $45.91 billion, a price-to-earnings ratio of 12.45, a PEG ratio of 6.08 and a beta of 0.36. The company has a 50-day simple moving average of $224.31 and a 200 day simple moving average of $231.46. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.85 and a current ratio of 0.98.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Wednesday, October 29th. The energy company reported $4.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.75 by $2.00. Cheniere Energy had a net margin of 21.05% and a return on equity of 37.83%. The firm had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.87 billion. During the same period last year, the business posted $3.93 earnings per share. The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. On average, sell-side analysts predict that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 18th. Investors of record on Friday, November 7th were paid a $0.555 dividend. This is a boost from Cheniere Energy’s previous quarterly dividend of $0.50. The ex-dividend date was Friday, November 7th. This represents a $2.22 annualized dividend and a yield of 1.0%. Cheniere Energy’s dividend payout ratio is presently 12.37%.

Cheniere Energy Company 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.