Fiera Capital Corp Has $9.64 Million Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Fiera Capital Corp grew its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 11.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 53,589 shares of the energy company's stock after acquiring an additional 5,378 shares during the quarter. Fiera Capital Corp's holdings in Cheniere Energy were worth $9,637,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new stake in shares of Cheniere Energy in the 3rd quarter worth approximately $28,000. Lewis Asset Management LLC lifted its position in shares of Cheniere Energy by 3.9% during the 3rd quarter. Lewis Asset Management LLC now owns 4,038 shares of the energy company's stock worth $726,000 after buying an additional 152 shares during the period. Vickerman Investment Advisors Inc. lifted its position in shares of Cheniere Energy by 0.5% during the 3rd quarter. Vickerman Investment Advisors Inc. now owns 18,294 shares of the energy company's stock worth $3,290,000 after buying an additional 97 shares during the period. M&G PLC lifted its position in shares of Cheniere Energy by 21.0% during the 3rd quarter. M&G PLC now owns 268,834 shares of the energy company's stock worth $48,390,000 after buying an additional 46,602 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its position in shares of Cheniere Energy by 21.4% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 4,556 shares of the energy company's stock worth $819,000 after buying an additional 804 shares during the period. Institutional investors own 87.26% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on LNG shares. Barclays raised their target price on Cheniere Energy from $199.00 to $202.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 15th. Bank of America assumed coverage on Cheniere Energy in a report on Thursday, October 17th. They set a "buy" rating and a $215.00 price target for the company. TD Cowen raised their price target on Cheniere Energy from $192.00 to $202.00 and gave the company a "buy" rating in a report on Tuesday. Stifel Nicolaus dropped their price target on Cheniere Energy from $208.00 to $204.00 and set a "buy" rating for the company in a report on Friday, August 9th. Finally, Royal Bank of Canada lifted their target price on Cheniere Energy from $201.00 to $217.00 and gave the company an "outperform" rating in a research note on Wednesday, October 16th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $201.89.

Cheniere Energy Trading Up 2.1 %

Shares of NYSE:LNG traded up $4.17 during midday trading on Friday, hitting $205.67. The company had a trading volume of 2,087,452 shares, compared to its average volume of 1,720,240. Cheniere Energy, Inc. has a 12 month low of $152.31 and a 12 month high of $206.18. The company has a current ratio of 1.07, a quick ratio of 0.93 and a debt-to-equity ratio of 2.41. The stock has a market cap of $46.15 billion, a price-to-earnings ratio of 13.13 and a beta of 0.94. The firm has a fifty day simple moving average of $184.62 and a 200 day simple moving average of $174.57.

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 for the quarter, compared to analyst estimates of $3.76 billion. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The company's revenue for the quarter was down 9.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.37 earnings per share. On average, analysts predict that Cheniere Energy, Inc. will post 10.84 EPS for the current year.

Cheniere Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 18th. Shareholders of record on Friday, November 8th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, November 8th. This represents a $2.00 annualized dividend and a yield of 0.97%. Cheniere Energy's dividend payout ratio is presently 11.11%.

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.