Cheniere Energy, Inc. (LNG) Director Sells $315,752.00 in Stock

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

Shares of Cheniere Energy, Inc. (NYSEAMERICAN LNG) opened at $55.20 on Friday. The stock has a market cap of $13,120.00, a PE ratio of -31.36 and a beta of 1.81. Cheniere Energy, Inc. has a one year low of $40.36 and a one year high of $56.14.

Cheniere Energy (NYSEAMERICAN:LNG) last announced its quarterly earnings data on Tuesday, November 14th. The energy company reported ($1.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($1.08). The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter last year, the firm earned ($0.41) EPS. The firm’s quarterly revenue was up 201.7% on a year-over-year basis.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Sii Investments Inc. WI boosted its stake in shares of Cheniere Energy by 0.7% in the 2nd quarter. Sii Investments Inc. WI now owns 9,424 shares of the energy company’s stock valued at $461,000 after purchasing an additional 66 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Cheniere Energy by 0.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 14,532 shares of the energy company’s stock valued at $708,000 after purchasing an additional 79 shares in the last quarter. Kingfisher Capital LLC boosted its stake in shares of Cheniere Energy by 0.4% in the 2nd quarter. Kingfisher Capital LLC now owns 34,644 shares of the energy company’s stock valued at $1,688,000 after purchasing an additional 155 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its stake in shares of Cheniere Energy by 5.1% in the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 5,480 shares of the energy company’s stock valued at $267,000 after purchasing an additional 265 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of Cheniere Energy by 3.3% in the 2nd quarter. MML Investors Services LLC now owns 8,855 shares of the energy company’s stock valued at $431,000 after purchasing an additional 280 shares in the last quarter.

A number of research firms recently commented on LNG. BidaskClub raised shares of Cheniere Energy from a “sell” rating to a “hold” rating in a research report on Saturday, November 4th. Scotiabank reiterated a “buy” rating and set a $52.00 price objective on shares of Cheniere Energy in a research note on Wednesday, October 25th. Citigroup increased their price objective on shares of Cheniere Energy from $57.00 to $59.00 and gave the stock a “buy” rating in a research note on Thursday, November 16th. BMO Capital Markets initiated coverage on shares of Cheniere Energy in a research note on Monday, September 25th. They set an “outperform” rating and a $60.00 price objective on the stock. Finally, Cowen initiated coverage on shares of Cheniere Energy in a research note on Friday, November 17th. They set a “market perform” rating and a $56.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $54.46.

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Cheniere Energy Company Profile

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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