Vickerman Investment Advisors Inc. Sells 1,396 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Vickerman Investment Advisors Inc. decreased its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 7.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,898 shares of the energy company’s stock after selling 1,396 shares during the quarter. Cheniere Energy makes up 1.0% of Vickerman Investment Advisors Inc.’s investment portfolio, making the stock its 27th biggest holding. Vickerman Investment Advisors Inc.’s holdings in Cheniere Energy were worth $3,631,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its stake in shares of Cheniere Energy by 170.5% in the fourth 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. WR Wealth Planners LLC lifted its holdings in Cheniere Energy by 373.1% in the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock valued at $26,000 after buying an additional 97 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in Cheniere Energy in the fourth quarter valued at $29,000. Adirondack Trust Co. acquired a new position in Cheniere Energy in the fourth quarter valued at $43,000. Finally, SBI Securities Co. Ltd. acquired a new position in Cheniere Energy in the fourth quarter valued at $46,000. Institutional investors own 87.26% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on LNG. Scotiabank restated an “outperform” rating on shares of Cheniere Energy in a report on Thursday, March 6th. The Goldman Sachs Group boosted their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, December 19th. Mizuho boosted their target price on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an “outperform” rating in a report on Tuesday. UBS Group restated a “buy” rating and issued a $277.00 target price on shares of Cheniere Energy in a report on Tuesday. Finally, Argus initiated coverage on Cheniere Energy in a report on Tuesday. They set a “buy” rating and a $255.00 price objective for the company. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $239.79.

Cheniere Energy Trading Up 1.4 %

NYSE LNG opened at $230.52 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41. The business has a fifty day simple moving average of $224.99 and a 200 day simple moving average of $208.46. Cheniere Energy, Inc. has a 12 month low of $152.88 and a 12 month high of $257.65. The firm has a market capitalization of $51.56 billion, a P/E ratio of 16.20 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. On average, analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.87%. Cheniere Energy’s dividend payout ratio is currently 14.05%.

Insider Transactions at Cheniere Energy

In related news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.29% of the company’s stock.

About Cheniere Energy

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.