World Investment Advisors LLC Invests $225,000 in Cheniere Energy, Inc. (NYSE:LNG)

World Investment Advisors LLC bought a new position in shares of Cheniere Energy, Inc. (NYSE:LNG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,249 shares of the energy company’s stock, valued at approximately $225,000.

Several other institutional investors have also recently added to or reduced their stakes in LNG. MCF Advisors LLC purchased a new stake in shares of Cheniere Energy during the 2nd quarter worth approximately $26,000. Carolinas Wealth Consulting LLC raised its stake in Cheniere Energy by 5,000.0% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company’s stock worth $27,000 after acquiring an additional 150 shares in the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new stake in Cheniere Energy in the third quarter valued at $27,000. Capital Performance Advisors LLP acquired a new position in Cheniere Energy in the third quarter valued at $28,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in shares of Cheniere Energy during the second quarter worth about $30,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Stock Down 0.3 %

Shares of Cheniere Energy stock opened at $205.94 on Friday. Cheniere Energy, Inc. has a one year low of $152.31 and a one year high of $228.10. The company has a market cap of $46.21 billion, a P/E ratio of 13.15 and a beta of 0.97. The company has a debt-to-equity ratio of 2.41, a quick ratio of 0.98 and a current ratio of 1.07. The firm has a fifty day moving average of $204.73 and a two-hundred day moving average of $186.52.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $2.06. The firm had revenue of $3.76 billion during the quarter, compared to analysts’ expectations of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The firm’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.37 earnings per share. On average, analysts forecast that Cheniere Energy, Inc. will post 11.25 earnings per share for the current year.

Cheniere Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date was Friday, November 8th. Cheniere Energy’s dividend payout ratio (DPR) is 12.77%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. UBS Group boosted their target price on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a report on Friday, November 15th. Bank of America started coverage on Cheniere Energy in a research note on Thursday, October 17th. They issued a “buy” rating and a $215.00 price objective for the company. Barclays raised their target price on shares of Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Wells Fargo & Company upped their price target on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, TD Cowen raised their price objective on shares of Cheniere Energy from $202.00 to $242.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $225.00.

About Cheniere Energy

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.