Cheniere Energy, Inc. (NYSE:LNG) Holdings Lifted by Trust Co. of Vermont

Trust Co. of Vermont boosted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 6.2% in the fourth quarter, HoldingsChannel reports. The fund owned 10,856 shares of the energy company’s stock after buying an additional 629 shares during the quarter. Trust Co. of Vermont’s holdings in Cheniere Energy were worth $1,853,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd purchased a new position in Cheniere Energy during the fourth quarter valued at approximately $852,000. Sapient Capital LLC acquired a new stake in shares of Cheniere Energy during the 4th quarter valued at $1,283,000. Mackenzie Financial Corp grew its holdings in shares of Cheniere Energy by 28.9% during the 4th quarter. Mackenzie Financial Corp now owns 198,555 shares of the energy company’s stock valued at $33,895,000 after acquiring an additional 44,508 shares in the last quarter. Oak Thistle LLC acquired a new position in shares of Cheniere Energy in the fourth quarter worth $1,144,000. Finally, Rheos Capital Works Inc. purchased a new stake in shares of Cheniere Energy during the fourth quarter worth $8,894,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. StockNews.com downgraded Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. Redburn Atlantic began coverage on Cheniere Energy in a research note on Tuesday, April 16th. They issued a “neutral” rating and a $162.00 price target for the company. Stifel Nicolaus raised their price objective on shares of Cheniere Energy from $204.00 to $208.00 and gave the company a “buy” rating in a research report on Monday, May 6th. UBS Group reduced their target price on shares of Cheniere Energy from $223.00 to $206.00 and set a “buy” rating for the company in a research note on Wednesday, April 24th. Finally, JPMorgan Chase & Co. raised their price target on shares of Cheniere Energy from $213.00 to $214.00 and gave the company an “overweight” rating in a report on Friday, May 17th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $198.64.

Cheniere Energy Trading Down 0.5 %

NYSE:LNG opened at $155.09 on Tuesday. The firm has a market cap of $35.50 billion, a price-to-earnings ratio of 7.55 and a beta of 0.96. Cheniere Energy, Inc. has a 1 year low of $146.41 and a 1 year high of $183.46. The company has a quick ratio of 0.92, a current ratio of 0.98 and a debt-to-equity ratio of 2.58. The firm has a fifty day moving average price of $157.97.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings results on Friday, May 3rd. The energy company reported $2.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.17). The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $3.97 billion. Cheniere Energy had a net margin of 28.55% and a return on equity of 48.19%. The firm’s revenue was down 41.8% on a year-over-year basis. During the same quarter last year, the company earned $6.89 earnings per share. As a group, analysts anticipate that Cheniere Energy, Inc. will post 8.42 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 16th. Shareholders of record on Friday, August 9th will be issued a $0.435 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 1.12%. Cheniere Energy’s dividend payout ratio (DPR) is currently 8.48%.

Cheniere Energy Profile

Cheniere Energy, Inc, an energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States. It owns and operates the Sabine Pass LNG terminal in Cameron Parish, Louisiana; and the Corpus Christi LNG terminal near Corpus Christi, Texas. The company also owns Creole Trail pipeline, a 94-mile natural gas supply pipeline that interconnects the Sabine Pass LNG Terminal with several interstate and intrastate pipelines; and operates Corpus Christi pipeline, a 21.5-mile natural gas supply pipeline that interconnects the Corpus Christi LNG terminal with various interstate and intrastate natural gas pipelines.