TD Private Client Wealth LLC Grows Holdings in Cheniere Energy, Inc. (NYSE:LNG)

TD Private Client Wealth LLC grew its stake in Cheniere Energy, Inc. (NYSE:LNG) by 24.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,562 shares of the energy company’s stock after purchasing an additional 2,823 shares during the quarter. TD Private Client Wealth LLC’s holdings in Cheniere Energy were worth $3,129,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB raised its stake in shares of Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock valued at $26,000 after purchasing an additional 75 shares in the last quarter. WR Wealth Planners LLC raised its stake in shares of Cheniere Energy by 373.1% in the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock valued at $26,000 after purchasing an additional 97 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Cheniere Energy in the 4th quarter valued at about $29,000. Adirondack Trust Co. acquired a new stake in shares of Cheniere Energy in the 4th quarter valued at about $43,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Cheniere Energy in the 4th quarter valued at about $46,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Insider Activity 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 shares were 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 $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on LNG. The Goldman Sachs Group upped their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the company a “buy” rating in a research note on Thursday, December 19th. Scotiabank reaffirmed an “outperform” rating on shares of Cheniere Energy in a research report on Thursday, March 6th. Mizuho boosted their price objective on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an “outperform” rating in a research report on Tuesday. UBS Group reaffirmed a “buy” rating and set a $277.00 price objective on shares of Cheniere Energy in a research report on Tuesday. Finally, StockNews.com raised shares of Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $239.79.

Cheniere Energy Trading Down 1.3 %

Cheniere Energy stock opened at $227.24 on Friday. The firm has a 50 day simple moving average of $225.03 and a 200-day simple moving average of $208.75. 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 stock has a market capitalization of $50.83 billion, a PE ratio of 15.97 and a beta of 0.94. Cheniere Energy, Inc. has a 12-month low of $152.88 and a 12-month high of $257.65.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $1.59. The business had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. As a group, equities research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.88%. The ex-dividend date was Friday, February 7th. Cheniere Energy’s dividend payout ratio is presently 14.05%.

Cheniere Energy Company 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.