Cheniere Energy, Inc. (LNG) Director Vicky A. Bailey Sells 5,800 Shares

Cheniere Energy, Inc. (NYSEAMERICAN:LNG) Director Vicky A. Bailey sold 5,800 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $54.44, for a total value of $315,752.00. Following the completion of the sale, the director now owns 35,765 shares in the company, valued at $1,947,046.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Cheniere Energy, Inc. (NYSEAMERICAN LNG) traded down $0.26 on Thursday, hitting $55.01. The stock had a trading volume of 2,300,051 shares, compared to its average volume of 2,578,700. Cheniere Energy, Inc. has a twelve month low of $40.36 and a twelve month high of $56.14. The firm has a market capitalization of $13,140.00, a price-to-earnings ratio of -31.26 and a beta of 1.81.

Cheniere Energy (NYSEAMERICAN:LNG) last issued its quarterly earnings results on Tuesday, November 14th. The energy company reported ($1.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($1.08). The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the business earned ($0.41) earnings per share. The firm’s revenue for the quarter was up 201.7% compared to the same quarter last year.

Several institutional investors and hedge funds have recently modified their holdings of the company. Atlantic Trust Group LLC acquired a new position in shares of Cheniere Energy during the third quarter valued at $3,308,000. Chicago Partners Investment Group LLC acquired a new position in shares of Cheniere Energy during the third quarter valued at $633,000. Steward Partners Investment Advisory LLC acquired a new position in shares of Cheniere Energy during the third quarter valued at $236,000. Energy Opportunities Capital Management LLC acquired a new position in shares of Cheniere Energy during the third quarter valued at $1,186,000. Finally, GSA Capital Partners LLP acquired a new position in shares of Cheniere Energy during the third quarter valued at $561,000.

A number of analysts have weighed in on the company. Stifel Nicolaus assumed coverage on Cheniere Energy in a research report on Thursday. They issued a “buy” rating and a $65.00 price target on the stock. Zacks Investment Research lowered Cheniere Energy from a “hold” rating to a “strong sell” rating in a research note on Tuesday. Cowen assumed coverage on Cheniere Energy in a research note on Friday, November 17th. They issued a “market perform” rating and a $56.00 price objective on the stock. Citigroup boosted their price objective on Cheniere Energy from $57.00 to $59.00 and gave the stock a “buy” rating in a research note on Thursday, November 16th. Finally, BidaskClub raised Cheniere Energy from a “sell” rating to a “hold” rating in a research note on Saturday, November 4th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the stock. Cheniere Energy has an average rating of “Buy” and a consensus price target of $54.46.

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About Cheniere Energy

Cheniere Energy, Inc (Cheniere) is an energy company primarily engaged in liquefied natural gas (LNG)-related businesses. The Company operates through two segments: LNG terminal business, and LNG and natural gas marketing business. Its LNG terminal segment consists of the Sabine Pass and Corpus Christi LNG terminals.

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