Cheniere Energy, Inc. $LNG Shares Bought by Bensler LLC

Bensler LLC lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 7.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,541 shares of the energy company’s stock after buying an additional 2,999 shares during the period. Bensler LLC’s holdings in Cheniere Energy were worth $10,701,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA raised its stake in Cheniere Energy by 0.6% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,687,388 shares of the energy company’s stock valued at $1,141,473,000 after acquiring an additional 26,843 shares during the last quarter. Norges Bank acquired a new position in shares of Cheniere Energy in the second quarter valued at approximately $957,425,000. Geode Capital Management LLC raised its stake in shares of Cheniere Energy by 1.9% during the second quarter. Geode Capital Management LLC now owns 3,874,796 shares of the energy company’s stock worth $940,578,000 after purchasing an additional 70,475 shares during the last quarter. TD Asset Management Inc lifted its holdings in shares of Cheniere Energy by 1.5% during the second quarter. TD Asset Management Inc now owns 1,990,748 shares of the energy company’s stock worth $484,787,000 after purchasing an additional 28,742 shares during the period. Finally, Canada Pension Plan Investment Board grew its position in Cheniere Energy by 0.5% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,845,285 shares of the energy company’s stock valued at $449,364,000 after buying an additional 8,740 shares during the last quarter. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Insider Activity

In related news, Director W Benjamin Moreland acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were acquired at an average price of $208.22 per share, with a total value of $1,041,100.00. Following the completion of the purchase, the director directly owned 9,856 shares in the company, valued at approximately $2,052,216.32. The trade was a 102.97% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.26% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

LNG has been the subject of a number of analyst reports. Wells Fargo & Company cut their price objective on shares of Cheniere Energy from $284.00 to $280.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. BMO Capital Markets reiterated an “outperform” rating and set a $254.00 price target on shares of Cheniere Energy in a research note on Wednesday, December 17th. Citigroup reduced their price objective on shares of Cheniere Energy from $283.00 to $280.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Bank of America lowered their price objective on Cheniere Energy from $274.00 to $271.00 and set a “buy” rating on the stock in a report on Thursday, December 11th. Finally, Wolfe Research set a $220.00 target price on Cheniere Energy and gave the stock an “outperform” rating in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $263.29.

Cheniere Energy Stock Down 0.5%

LNG stock opened at $206.26 on Tuesday. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.94 and a quick ratio of 0.81. The company’s 50 day simple moving average is $199.30 and its 200-day simple moving average is $218.77. Cheniere Energy, Inc. has a 12 month low of $186.20 and a 12 month high of $246.42. The firm has a market capitalization of $44.40 billion, a PE ratio of 11.49, a P/E/G ratio of 6.67 and a beta of 0.26.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Wednesday, October 29th. The energy company reported $4.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.75 by $2.00. The firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.87 billion. Cheniere Energy had a return on equity of 37.52% and a net margin of 21.12%.Cheniere Energy’s revenue was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.93 EPS. Equities analysts expect that Cheniere Energy, Inc. will post 11.69 earnings per share for the current fiscal year.

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.