Mosley Wealth Management Makes New $432,000 Investment in Cheniere Energy, Inc. $LNG

Mosley Wealth Management bought a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 2,221 shares of the energy company’s stock, valued at approximately $432,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Nuveen LLC grew its holdings in Cheniere Energy by 20.3% during the 4th quarter. Nuveen LLC now owns 1,491,517 shares of the energy company’s stock worth $289,936,000 after acquiring an additional 251,583 shares in the last quarter. Keel Point LLC boosted its holdings in shares of Cheniere Energy by 18.3% in the 4th quarter. Keel Point LLC now owns 1,314 shares of the energy company’s stock valued at $255,000 after buying an additional 203 shares in the last quarter. Vaughan David Investments LLC IL boosted its holdings in shares of Cheniere Energy by 0.5% in the 4th quarter. Vaughan David Investments LLC IL now owns 203,856 shares of the energy company’s stock valued at $39,628,000 after buying an additional 999 shares in the last quarter. Wellspring Financial Advisors LLC bought a new stake in shares of Cheniere Energy in the 4th quarter valued at about $345,000. Finally, GWN Securities Inc. boosted its holdings in shares of Cheniere Energy by 65.4% in the 4th quarter. GWN Securities Inc. now owns 1,411 shares of the energy company’s stock valued at $274,000 after buying an additional 558 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors.

Insider Activity at Cheniere Energy

In related news, CFO Zach Davis sold 29,000 shares of the 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 transaction, the chief financial officer directly owned 87,146 shares of the company’s stock, valued at $26,143,800. This trade represents a 24.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Sean N. Markowitz sold 22,246 shares of the stock in a transaction that occurred on Thursday, March 26th. The shares were sold at an average price of $290.98, for a total transaction of $6,473,141.08. Following the completion of the transaction, the executive vice president directly owned 64,000 shares of the company’s stock, valued at $18,622,720. The trade was a 25.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.55% of the company’s stock.

Cheniere Energy Stock Performance

Shares of Cheniere Energy stock opened at $239.78 on Friday. The firm has a market capitalization of $50.25 billion and a P/E ratio of 39.44. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 2.55. The company has a 50 day moving average price of $251.98 and a 200 day moving average price of $231.14. Cheniere Energy, Inc. has a 52 week low of $186.20 and a 52 week high of $300.89.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Wednesday, May 6th. The energy company reported ($16.65) EPS for the quarter, missing the consensus estimate of $4.25 by ($20.90). The company had revenue of $5.87 billion during the quarter, compared to analysts’ expectations of $5.69 billion. Cheniere Energy had a net margin of 7.23% and a return on equity of 38.95%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.57 earnings per share. Sell-side analysts expect that Cheniere Energy, Inc. will post 14.93 EPS for the current year.

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

Cheniere Energy Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on LNG. Benchmark restated an “outperform” rating on shares of Cheniere Energy in a report on Tuesday, May 26th. Wells Fargo & Company lowered their price target on shares of Cheniere Energy from $280.00 to $271.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Bank of America raised their price target on shares of Cheniere Energy from $296.00 to $322.00 and gave the company a “buy” rating in a report on Friday, March 20th. TD Cowen raised their price target on shares of Cheniere Energy from $265.00 to $270.00 and gave the company a “buy” rating in a report on Monday, May 11th. Finally, Wolfe Research restated an “outperform” rating and issued a $300.00 price target on shares of Cheniere Energy in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Cheniere Energy presently has an average rating of “Moderate Buy” and an average target price of $298.63.

Cheniere Energy 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.