Everpar Advisors LLC Buys Shares of 1,641 Cheniere Energy, Inc. (NYSE:LNG)

Everpar Advisors LLC bought a new stake in Cheniere Energy, Inc. (NYSE:LNG) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 1,641 shares of the energy company’s stock, valued at approximately $280,000.

Several other institutional investors also recently bought and sold shares of LNG. Canada Pension Plan Investment Board grew its position in Cheniere Energy by 73.0% in the 3rd quarter. Canada Pension Plan Investment Board now owns 1,496,100 shares of the energy company’s stock valued at $248,293,000 after acquiring an additional 631,100 shares in the last quarter. Los Angeles Capital Management LLC grew its position in shares of Cheniere Energy by 702.1% during the third quarter. Los Angeles Capital Management LLC now owns 490,606 shares of the energy company’s stock worth $81,421,000 after buying an additional 429,438 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec grew its position in shares of Cheniere Energy by 35.6% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,399,852 shares of the energy company’s stock worth $232,319,000 after buying an additional 367,275 shares in the last quarter. Lord Abbett & CO. LLC grew its position in shares of Cheniere Energy by 126.8% during the third quarter. Lord Abbett & CO. LLC now owns 645,523 shares of the energy company’s stock worth $107,131,000 after buying an additional 360,915 shares in the last quarter. Finally, Laurion Capital Management LP grew its position in shares of Cheniere Energy by 107.2% during the third quarter. Laurion Capital Management LP now owns 20,012 shares of the energy company’s stock worth $3,321,000 after buying an additional 296,687 shares in the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Performance

NYSE LNG traded up $0.90 on Wednesday, reaching $157.21. The stock had a trading volume of 1,240,389 shares, compared to its average volume of 1,941,108. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.51 and a current ratio of 1.63. Cheniere Energy, Inc. has a 12-month low of $135.30 and a 12-month high of $183.46. The company’s 50-day moving average is $157.93. The firm has a market capitalization of $36.26 billion, a PE ratio of 7.66 and a beta of 0.95.

Cheniere Energy (NYSE:LNG) last issued its quarterly earnings data on Friday, May 3rd. The energy company reported $2.13 earnings per share for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.17). Cheniere Energy had a net margin of 28.55% and a return on equity of 48.95%. The firm had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $3.97 billion. During the same quarter in the prior year, the firm posted $6.89 EPS. Cheniere Energy’s quarterly revenue was down 41.8% compared to the same quarter last year. On average, sell-side analysts predict that Cheniere Energy, Inc. will post 8.4 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 17th. Shareholders of record on Friday, May 10th will be paid a $0.435 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Thursday, May 9th. Cheniere Energy’s dividend payout ratio is currently 8.48%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Redburn Atlantic assumed coverage on Cheniere Energy in a research report on Tuesday, April 16th. They set a “neutral” rating and a $162.00 price objective for the company. Stifel Nicolaus boosted their price objective on Cheniere Energy from $204.00 to $208.00 and gave the stock a “buy” rating in a research report on Monday. UBS Group lowered their price objective on Cheniere Energy from $223.00 to $206.00 and set a “buy” rating for the company in a research report on Wednesday, April 24th. StockNews.com downgraded Cheniere Energy from a “buy” rating to a “hold” rating in a research report on Monday, April 8th. Finally, Barclays boosted their target price on Cheniere Energy from $192.00 to $194.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 17th. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $196.40.

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.