Today’s Market Runner: Cheniere Energy Inc (NYSEMKT:LNG) Q2 2016 Sentiment Report

November 29, 2016 - By Vivian Park   ·   0 Comments

Today's Market Runner: Cheniere Energy Inc (NYSEMKT:LNG)  Q2 2016 Sentiment Report

Sentiment for Cheniere Energy Inc (NYSEMKT:LNG)

Cheniere Energy Inc (NYSEMKT:LNG) institutional sentiment increased to 1.03 in Q2 2016. Its up 0.14, from 0.89 in 2016Q1. The ratio is better, as 133 institutional investors increased or opened new positions, while 150 sold and trimmed holdings in Cheniere Energy Inc. The institutional investors in our partner’s database now have: 206.38 million shares, down from 221.68 million shares in 2016Q1. Also, the number of institutional investors holding Cheniere Energy Inc in their top 10 positions decreased from 15 to 13 for a decrease of 2. Sold All: 40 Reduced: 110 Increased: 93 New Position: 40.

Cheniere Energy, Inc. is an energy company primarily engaged in liquefied natural gas related businesses. The company has a market cap of $9.26 billion. The Firm operates through two divisions: LNG terminal business and LNG and natural gas marketing business The Firm owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Cheniere Partners), which is a publicly traded limited partnership. It currently has negative earnings. The Firm owns approximately 100% of the general partner interest in Cheniere Partners and over 80% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability firm that owns approximately 56% limited partner interest in Cheniere Partners.

The stock decreased 0.60% or $0.24 during the last trading session, hitting $39.88. Cheniere Energy, Inc. (NYSEMKT:LNG) has risen 7.06% since April 26, 2016 and is uptrending. It has outperformed by 1.80% the S&P500.

Analysts await Cheniere Energy, Inc. (NYSEMKT:LNG) to report earnings on February, 17. They expect $-0.32 earnings per share, up 68.63% or $0.70 from last year’s $-1.02 per share. After $-0.41 actual earnings per share reported by Cheniere Energy, Inc. for the previous quarter, Wall Street now forecasts -21.95% EPS growth.

According to Zacks Investment Research, “Cheniere Energy, Inc. is a Houston-based energy company primarily engaged in liquefied natural gas related businesses. The company owns and operates the Sabine Pass liquefied natural gas terminal in Louisiana through its 57.9% ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Ticker: CQP), which is a publicly traded partnership that the company created in 2007. The Sabine Pass LNG terminal is located on the Sabine Pass deep water shipping channel less than four miles from the Gulf Coast.”

Finepoint Capital Lp holds 28.02% of its portfolio in Cheniere Energy, Inc. for 1.54 million shares. Baupost Group Llc Ma owns 29.84 million shares or 15.21% of their US portfolio. Moreover, Falcon Edge Capital Lp has 12.58% invested in the company for 4.57 million shares. The California-based Fairview Capital Investment Management Llc has invested 10.01% in the stock. Valinor Management L.P., a New York-based fund reported 7.19 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 9 insider buys, and 4 insider sales for $7.86 million net activity.

Cheniere Energy, Inc. (NYSEMKT:LNG) Ratings Coverage

Ratings analysis reveals 88% of Cheniere Energy Inc’s analysts are positive. Out of 8 Wall Street analysts rating Cheniere Energy Inc, 7 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $38 while the high is $86. The stock’s average target of $59 is 47.94% above today’s ($39.88) share price. LNG was included in 12 notes of analysts from July 23, 2015. Howard Weil upgraded it to “Sector Outperform” rating and $52 target price in Tuesday, June 14 report. The rating was initiated by Bernstein on Wednesday, May 11 with “Market Perform”. The stock of Cheniere Energy, Inc. (NYSEMKT:LNG) has “Buy” rating given on Tuesday, February 23 by Goldman Sachs. Credit Suisse initiated it with “Outperform” rating and $86 target price in Wednesday, August 5 report. The stock of Cheniere Energy, Inc. (NYSEMKT:LNG) earned “Buy” rating by Citigroup on Wednesday, January 13. The rating was initiated by Global Hunter Securities on Thursday, July 23 with “Accumulate”. Barclays Capital maintained Cheniere Energy, Inc. (NYSEMKT:LNG) on Monday, October 12 with “Overweight” rating. The stock has “Overweight” rating given by Barclays Capital on Tuesday, September 6.

LNG Company Profile

Cheniere Energy, Inc., incorporated on March 25, 1983, is an energy firm primarily engaged in liquefied natural gas (LNG) related businesses. The Firm operates through two divisions: LNG terminal business and LNG and natural gas marketing business The Firm owns and operates the Sabine Pass LNG terminal in Louisiana through its ownership interest in and management agreements with Cheniere Energy Partners, L.P. (Cheniere Partners), which is a publicly traded limited partnership. The Firm owns approximately 100% of the general partner interest in Cheniere Partners and over 80% of Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings), which is a publicly traded limited liability firm that owns approximately 56% limited partner interest in Cheniere Partners.

More recent Cheniere Energy, Inc. (NYSEMKT:LNG) news were published by: Seekingalpha.com which released: “Cheniere Energy: Expect Strong Long-Term Gains” on November 26, 2016. Also Prnewswire.com published the news titled: “Cheniere Energy, Inc. Reports Third Quarter 2016 Results” on November 03, 2016. Nasdaq.com‘s news article titled: “Cheniere Energy Inc (LNG) President and CEO Jack A Fusco Bought $575764 of Shares” with publication date: November 15, 2016 was also an interesting one.

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By Vivian Park


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