U S Global Investors Inc. Has $1.76 Million Stake in Cheniere Energy, Inc. $LNG

U S Global Investors Inc. lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNGFree Report) by 106.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,200 shares of the energy company’s stock after acquiring an additional 3,200 shares during the quarter. U S Global Investors Inc.’s holdings in Cheniere Energy were worth $1,759,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC bought a new position in Cheniere Energy during the fourth quarter worth $335,000. Bank of Nova Scotia raised its position in shares of Cheniere Energy by 13.3% in the second quarter. Bank of Nova Scotia now owns 8,825 shares of the energy company’s stock valued at $2,149,000 after purchasing an additional 1,035 shares during the period. Sei Investments Co. raised its position in shares of Cheniere Energy by 23.1% in the second quarter. Sei Investments Co. now owns 183,153 shares of the energy company’s stock valued at $44,600,000 after purchasing an additional 34,422 shares during the period. Treasurer of the State of North Carolina lifted its stake in shares of Cheniere Energy by 0.8% during the 2nd quarter. Treasurer of the State of North Carolina now owns 103,040 shares of the energy company’s stock worth $25,092,000 after buying an additional 805 shares during the last quarter. Finally, Ieq Capital LLC lifted its stake in shares of Cheniere Energy by 87.0% during the 2nd quarter. Ieq Capital LLC now owns 36,502 shares of the energy company’s stock worth $8,889,000 after buying an additional 16,977 shares during the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy News Summary

Here are the key news stories impacting Cheniere Energy this week:

Wall Street Analyst Weigh In

A number of brokerages recently commented on LNG. JPMorgan Chase & Co. upped their price target on shares of Cheniere Energy from $325.00 to $327.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Jefferies Financial Group raised their price objective on shares of Cheniere Energy from $275.00 to $330.00 and gave the stock a “buy” rating in a research report on Tuesday, April 7th. Wells Fargo & Company reduced their price objective on Cheniere Energy from $280.00 to $271.00 and set an “overweight” rating for the company in a report on Friday, March 13th. UBS Group set a $290.00 target price on Cheniere Energy in a research report on Wednesday, May 13th. Finally, Weiss Ratings lowered Cheniere Energy from a “buy (b)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Two investment 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $297.71.

View Our Latest Stock Report on LNG

Cheniere Energy Stock Performance

Shares of Cheniere Energy stock traded down $2.72 during trading on Friday, reaching $258.57. The company’s stock had a trading volume of 1,469,698 shares, compared to its average volume of 2,215,278. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 2.55. The business’s 50-day moving average price is $241.65 and its 200-day moving average price is $237.03. Cheniere Energy, Inc. has a 52 week low of $186.20 and a 52 week high of $300.89. The firm has a market cap of $54.18 billion, a PE ratio of 42.53 and a beta of -0.01.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Shareholders of record on Monday, May 11th were issued a $0.555 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $2.22 dividend on an annualized basis and a yield of 0.9%. Cheniere Energy’s payout ratio is currently 36.51%.

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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Institutional Ownership by Quarter for Cheniere Energy (NYSE:LNG)

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