Segall Bryant & Hamill LLC Makes New Investment in Cheniere Energy, Inc. $LNG

Segall Bryant & Hamill LLC bought a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,293 shares of the energy company’s stock, valued at approximately $1,786,000.

Other institutional investors have also recently made changes to their positions in the company. Strive Financial Group LLC bought a new stake in shares of Cheniere Energy in the fourth quarter worth approximately $25,000. Kohmann Bosshard Financial Services LLC bought a new position in Cheniere Energy during the fourth quarter valued at approximately $26,000. Financial Life Planners bought a new position in Cheniere Energy during the first quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd bought a new position in Cheniere Energy during the third quarter valued at approximately $27,000. Finally, Accordant Advisory Group Inc purchased a new stake in Cheniere Energy in the fourth quarter worth approximately $29,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

LNG opened at $257.82 on Wednesday. The company’s 50 day moving average is $246.71 and its 200 day moving average is $245.45. The company has a current ratio of 0.57, a quick ratio of 0.48 and a debt-to-equity ratio of 2.55. The company has a market cap of $54.03 billion, a price-to-earnings ratio of 42.41 and a beta of -0.01. Cheniere Energy, Inc. has a 12-month low of $186.20 and a 12-month high of $300.89.

Cheniere Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 18th. Stockholders of record on Monday, August 10th will be paid a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Monday, August 10th. Cheniere Energy’s dividend payout ratio (DPR) is currently 36.51%.

Wall Street Analysts Forecast Growth

LNG has been the subject of a number of research analyst reports. Morgan Stanley cut their target price on shares of Cheniere Energy from $313.00 to $308.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Weiss Ratings cut Cheniere Energy from a “buy (b)” rating to a “hold (c)” rating in a report on Monday, May 11th. Sanford C. Bernstein started coverage on Cheniere Energy in a research note on Tuesday, June 16th. They issued a “market perform” rating and a $283.00 price target on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Cheniere Energy in a report on Wednesday, May 13th. Finally, UBS Group set a $290.00 price objective on Cheniere Energy in a research report on Wednesday, May 13th. Three investment 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $298.88.

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.