Blue Trust Inc. Acquires 1,110 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Blue Trust Inc. raised its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 78.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,527 shares of the energy company’s stock after acquiring an additional 1,110 shares during the quarter. Blue Trust Inc.’s holdings in Cheniere Energy were worth $543,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB raised its position in Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after purchasing an additional 75 shares during the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Cheniere Energy in the third quarter valued at about $27,000. Capital Performance Advisors LLP bought a new position in shares of Cheniere Energy during the third quarter worth about $28,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Cheniere Energy in the second quarter worth approximately $30,000. Finally, Adirondack Trust Co. bought a new stake in Cheniere Energy in the fourth quarter valued at approximately $43,000. Institutional investors own 87.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on LNG. Scotiabank raised their price target on shares of Cheniere Energy from $242.00 to $247.00 and gave the stock a “sector outperform” rating in a report on Tuesday, January 21st. Stifel Nicolaus lifted their target price 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. The Goldman Sachs Group upped their price target on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Royal Bank of Canada lifted their price objective on Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Finally, UBS Group upped their target price on Cheniere Energy from $232.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $232.36.

Cheniere Energy Trading Up 1.0 %

NYSE LNG opened at $230.35 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 52 week low of $152.31 and a 52 week high of $257.65. The business has a 50 day moving average price of $223.02 and a 200-day moving average price of $198.82. The company has a market cap of $51.68 billion, a price-to-earnings ratio of 14.71 and a beta of 0.99.

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

Cheniere Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.87%. Cheniere Energy’s payout ratio is 12.77%.

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.