2,856 Shares in Cheniere Energy, Inc. (NYSE:LNG) Acquired by Diversified Trust Co

Diversified Trust Co acquired a new position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,856 shares of the energy company's stock, valued at approximately $614,000.

Several other large investors also recently made changes to their positions in the company. Oliver Luxxe Assets LLC bought a new stake in Cheniere Energy during the 4th quarter valued at $4,618,000. Fortem Financial Group LLC acquired a new position in shares of Cheniere Energy during the fourth quarter valued at about $239,000. Insight Wealth Strategies LLC bought a new stake in shares of Cheniere Energy during the fourth quarter worth about $4,455,000. GAMMA Investing LLC increased its position in shares of Cheniere Energy by 12.1% during the fourth quarter. GAMMA Investing LLC now owns 1,351 shares of the energy company's stock worth $290,000 after acquiring an additional 146 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in Cheniere Energy by 75.3% in the 4th quarter. Versant Capital Management Inc now owns 533 shares of the energy company's stock valued at $115,000 after acquiring an additional 229 shares in the last quarter. 87.26% of the stock is currently owned by institutional investors and hedge funds.

Cheniere Energy Stock Performance

Shares of LNG stock traded up $0.11 on Friday, hitting $225.30. 1,630,983 shares of the stock were exchanged, compared to its average volume of 1,513,864. The firm's 50 day moving average is $215.00 and its two-hundred day moving average is $192.97. Cheniere Energy, Inc. has a one year low of $152.31 and a one year high of $229.63. The firm has a market capitalization of $50.55 billion, a PE ratio of 14.39 and a beta of 0.99. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, topping the consensus estimate of $1.87 by $2.06. The firm had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The company's revenue was down 9.5% on a year-over-year basis. During the same quarter last year, the company earned $2.37 earnings per share. Sell-side analysts expect that Cheniere Energy, Inc. will post 11.25 earnings per share for the current fiscal year.

Cheniere Energy Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $2.00 annualized dividend and a dividend yield of 0.89%. Cheniere Energy's dividend payout ratio is currently 12.77%.

Wall Street Analyst Weigh In

A number of brokerages have commented on LNG. TD Cowen boosted their price objective on Cheniere Energy from $202.00 to $242.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Stifel Nicolaus upped their price target on Cheniere Energy from $204.00 to $237.00 and gave the stock a "buy" rating in a report on Wednesday, December 4th. Barclays lifted their price objective on shares of Cheniere Energy from $199.00 to $202.00 and gave the stock an "overweight" rating in a report on Tuesday, October 15th. Bank of America began coverage on shares of Cheniere Energy in a report on Thursday, October 17th. They issued a "buy" rating and a $215.00 target price for the company. Finally, Scotiabank assumed coverage on shares of Cheniere Energy in a report on Friday. They set a "sector outperform" rating and a $242.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $226.55.

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.