Cheniere Energy, Inc. (NYSE:LNG) Stock Holdings Increased by CENTRAL TRUST Co

CENTRAL TRUST Co lifted its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 4.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,250 shares of the energy company’s stock after purchasing an additional 443 shares during the quarter. CENTRAL TRUST Co’s holdings in Cheniere Energy were worth $2,417,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of LNG. Valley National Advisers Inc. lifted its holdings in Cheniere Energy by 29.0% in the fourth quarter. Valley National Advisers Inc. now owns 1,006 shares of the energy company’s stock worth $216,000 after purchasing an additional 226 shares during the period. Cross Staff Investments Inc lifted its stake in shares of Cheniere Energy by 2.3% in the 4th quarter. Cross Staff Investments Inc now owns 9,174 shares of the energy company’s stock worth $1,971,000 after acquiring an additional 202 shares during the period. Golden State Equity Partners lifted its stake in shares of Cheniere Energy by 68.9% in the 4th quarter. Golden State Equity Partners now owns 4,827 shares of the energy company’s stock worth $1,037,000 after acquiring an additional 1,969 shares during the period. Spire Wealth Management boosted its holdings in shares of Cheniere Energy by 1,487.4% in the fourth quarter. Spire Wealth Management now owns 23,112 shares of the energy company’s stock valued at $4,966,000 after acquiring an additional 21,656 shares in the last quarter. Finally, Riverstone Advisors LLC increased its stake in shares of Cheniere Energy by 9.4% during the fourth quarter. Riverstone Advisors LLC now owns 16,119 shares of the energy company’s stock valued at $3,464,000 after acquiring an additional 1,383 shares during the period. 87.26% of the stock is owned by institutional investors and hedge funds.

Cheniere Energy Stock Down 2.8 %

LNG stock opened at $223.71 on Monday. The company’s 50 day simple moving average is $223.15 and its 200-day simple moving average is $199.51. Cheniere Energy, Inc. has a 52-week low of $152.31 and a 52-week high of $257.65. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The firm has a market capitalization of $50.19 billion, a P/E ratio of 14.29 and a beta of 0.99.

Cheniere Energy (NYSE:LNG) last released its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $2.06. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The company had revenue of $3.76 billion during the quarter, compared to analyst estimates of $3.76 billion. During the same quarter in the prior year, the company earned $2.37 earnings per share. The company’s revenue for the quarter was down 9.5% on a year-over-year basis. As a group, equities research analysts anticipate that Cheniere Energy, Inc. will post 12.67 EPS for the current year.

Cheniere Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.89%. Cheniere Energy’s payout ratio is presently 12.77%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on LNG shares. Barclays upped their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. The Goldman Sachs Group upped their price objective on Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Wells Fargo & Company lifted their target price on Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Scotiabank upped their price target on shares of Cheniere Energy from $242.00 to $247.00 and gave the company a “sector outperform” rating in a report on Tuesday, January 21st. Finally, Stifel Nicolaus lifted their price objective on shares of Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a research note on Wednesday, December 4th. Two analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.25.

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.