3,675 Shares in Cheniere Energy, Inc. $LNG Bought by Machina Capital S.A.S.

Machina Capital S.A.S. acquired a new stake in Cheniere Energy, Inc. (NYSE:LNG) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,675 shares of the energy company’s stock, valued at approximately $989,000.

A number of other hedge funds have also made changes to their positions in LNG. Childress Capital Advisors LLC raised its holdings in Cheniere Energy by 0.7% during the third quarter. Childress Capital Advisors LLC now owns 5,371 shares of the energy company’s stock worth $1,445,000 after purchasing an additional 38 shares in the last quarter. Financial Management Professionals Inc. boosted its stake in Cheniere Energy by 13.3% during the 3rd quarter. Financial Management Professionals Inc. now owns 340 shares of the energy company’s stock valued at $92,000 after purchasing an additional 40 shares in the last quarter. Eagle Strategies LLC boosted its stake in Cheniere Energy by 4.0% during the 3rd quarter. Eagle Strategies LLC now owns 1,083 shares of the energy company’s stock valued at $291,000 after purchasing an additional 42 shares in the last quarter. Titleist Asset Management LLC increased its position in shares of Cheniere Energy by 1.6% during the 3rd quarter. Titleist Asset Management LLC now owns 2,867 shares of the energy company’s stock valued at $771,000 after purchasing an additional 45 shares during the period. Finally, Optiver Holding B.V. increased its position in shares of Cheniere Energy by 54.5% during the 1st quarter. Optiver Holding B.V. now owns 136 shares of the energy company’s stock valued at $39,000 after purchasing an additional 48 shares during the period. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Up 1.7%

Shares of Cheniere Energy stock opened at $309.79 on Friday. The stock’s fifty day moving average is $284.04 and its 200-day moving average is $259.84. The firm has a market capitalization of $63.26 billion, a PE ratio of 21.62, a price-to-earnings-growth ratio of 0.93 and a beta of 0.01. The company has a quick ratio of 0.76, a current ratio of 0.90 and a debt-to-equity ratio of 1.89. Cheniere Energy, Inc. has a 12-month low of $186.20 and a 12-month high of $330.73.

Cheniere Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 17th. Shareholders of record on Monday, November 9th will be issued a dividend of $0.6250 per share. This represents a $2.50 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, November 9th. This is a boost from Cheniere Energy’s previous quarterly dividend of $0.5550. Cheniere Energy’s dividend payout ratio is presently 17.45%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on LNG shares. Wells Fargo & Company boosted their price objective on Cheniere Energy from $335.00 to $374.00 and gave the stock an “overweight” rating in a research note on Friday, October 30th. Wolfe Research cut Cheniere Energy from an “outperform” rating to a “peer perform” rating in a research note on Monday, November 2nd. Bank of America reaffirmed a “buy” rating on shares of Cheniere Energy in a research note on Friday, October 30th. Raymond James Financial reaffirmed a “strong-buy” rating and set a $340.00 target price on shares of Cheniere Energy in a report on Monday, October 19th. Finally, Barclays boosted their price target on shares of Cheniere Energy from $287.00 to $328.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Cheniere Energy has a consensus rating of “Buy” and a consensus target price of $324.41.

Cheniere Energy Profile

Cheniere Energy, Inc. is a U.S. energy company focused on producing and exporting liquefied natural gas (LNG). Its operations include the Sabine Pass LNG facility in Louisiana and the Corpus Christi LNG facility in Texas, where natural gas is processed and liquefied for shipment. The company supplies LNG to customers in international markets, including countries in Asia, Europe and Latin America. Its activities also include sourcing natural gas and marketing LNG under long-term and other sales agreements.