Cheniere Energy, Inc. $LNG Shares Purchased by Leonteq Securities AG

by · The Cerbat Gem

Leonteq Securities AG raised its stake in Cheniere Energy, Inc. (NYSE:LNG – Free Report) by 272.0% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 4,743 shares of the energy company’s stock after buying an additional 3,468 shares during the quarter. Leonteq Securities AG’s holdings in Cheniere Energy were worth $1,346,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of LNG. Strive Financial Group LLC bought a new position in shares of Cheniere Energy during the fourth quarter worth about $25,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cheniere Energy in the 4th quarter worth about $26,000. Financial Life Planners bought a new stake in Cheniere Energy in the 1st quarter valued at about $26,000. Caitong International Asset Management Co. Ltd bought a new stake in Cheniere Energy in the 3rd quarter valued at about $27,000. Finally, Accordant Advisory Group Inc acquired a new position in Cheniere Energy during the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Down 0.0%

Shares of LNG stock opened at $245.93 on Friday. Cheniere Energy, Inc. has a 1 year low of $186.20 and a 1 year high of $300.89. The stock has a market cap of $51.53 billion, a PE ratio of 40.45 and a beta of -0.01. The business’s fifty day moving average is $242.25 and its 200-day moving average is $234.70. 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 Dividend Announcement

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

Analyst Ratings Changes

Several research firms have commented on LNG. Wall Street Zen cut shares of Cheniere Energy from a “hold” rating to a “sell” rating in a research report on Saturday, June 27th. The Goldman Sachs Group lifted their price target on Cheniere Energy from $276.00 to $312.00 and gave the company a “buy” rating in a report on Tuesday, March 24th. Zacks Research downgraded Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 10th. UBS Group set a $290.00 price objective on Cheniere Energy in a report on Wednesday, May 13th. Finally, Citigroup raised their target price on Cheniere Energy from $280.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, April 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $297.71.

Check Out Our Latest Stock Analysis on LNG

Cheniere Energy Company Profile

(Free Report)

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.

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