2,308 Shares in Cheniere Energy, Inc. $LNG Acquired by Radnor Capital Management LLC

Radnor Capital Management LLC bought a new position in Cheniere Energy, Inc. (NYSE:LNG) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,308 shares of the energy company’s stock, valued at approximately $449,000.

A number of other hedge funds also recently bought and sold shares of the company. Ameriflex Group Inc. lifted its position in Cheniere Energy by 7.3% in the 3rd quarter. Ameriflex Group Inc. now owns 688 shares of the energy company’s stock worth $162,000 after buying an additional 47 shares during the last quarter. Howard Capital Management Inc. lifted its position in Cheniere Energy by 3.3% in the 3rd quarter. Howard Capital Management Inc. now owns 1,488 shares of the energy company’s stock worth $350,000 after buying an additional 48 shares during the last quarter. Quest Investment Management LLC lifted its position in Cheniere Energy by 6.1% in the 3rd quarter. Quest Investment Management LLC now owns 875 shares of the energy company’s stock worth $206,000 after buying an additional 50 shares during the last quarter. Hardy Reed LLC lifted its position in Cheniere Energy by 2.3% in the 3rd quarter. Hardy Reed LLC now owns 2,279 shares of the energy company’s stock worth $536,000 after buying an additional 52 shares during the last quarter. Finally, Keel Point LLC lifted its position in Cheniere Energy by 5.2% in the 3rd quarter. Keel Point LLC now owns 1,111 shares of the energy company’s stock worth $261,000 after buying an additional 55 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Performance

Shares of LNG stock opened at $246.82 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. Cheniere Energy, Inc. has a fifty-two week low of $186.20 and a fifty-two week high of $300.89. The stock has a 50 day moving average price of $263.84 and a two-hundred day moving average price of $228.03. The company has a market capitalization of $51.72 billion, a P/E ratio of 40.60 and a beta of 0.07.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Wednesday, May 6th. The energy company reported ($16.65) earnings per share for the quarter, missing the consensus estimate of $4.25 by ($20.90). Cheniere Energy had a net margin of 7.23% and a return on equity of 38.95%. The company had revenue of $5.87 billion during the quarter, compared to the consensus estimate of $5.69 billion. During the same quarter in the previous year, the firm posted $1.57 EPS. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. Analysts expect that Cheniere Energy, Inc. will post 15.2 earnings per share for the current year.

Cheniere Energy declared that its board has initiated a stock buyback plan on Thursday, February 26th that allows the company to buyback $10.00 billion in outstanding shares. This buyback authorization allows the energy company to repurchase up to 21.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Shareholders of record on Monday, May 11th were given a $0.555 dividend. The ex-dividend date was Monday, May 11th. This represents a $2.22 annualized dividend and a yield of 0.9%. Cheniere Energy’s payout ratio is presently 36.51%.

Insider Activity at Cheniere Energy

In other Cheniere Energy news, EVP Sean N. Markowitz sold 22,246 shares of the business’s stock in a transaction that occurred on Thursday, March 26th. The stock was sold at an average price of $290.98, for a total value of $6,473,141.08. Following the completion of the sale, the executive vice president owned 64,000 shares in the company, valued at approximately $18,622,720. The trade was a 25.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Zach Davis sold 29,000 shares of the business’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $300.00, for a total value of $8,700,000.00. Following the completion of the sale, the chief financial officer owned 87,146 shares of the company’s stock, valued at $26,143,800. The trade was a 24.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.55% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on LNG. Royal Bank Of Canada boosted their target price on Cheniere Energy from $286.00 to $300.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 14th. Jefferies Financial Group boosted their target price on Cheniere Energy from $275.00 to $330.00 and gave the stock a “buy” rating in a research report on Tuesday, April 7th. Morgan Stanley dropped their target price on Cheniere Energy from $313.00 to $308.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Bank of America boosted their target price on Cheniere Energy from $296.00 to $322.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. Finally, JPMorgan Chase & Co. dropped their target price on Cheniere Energy from $338.00 to $325.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $293.50.

About Cheniere Energy

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.