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

TD Private Client Wealth LLC increased its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 24.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,562 shares of the energy company's stock after buying an additional 2,823 shares during the period. TD Private Client Wealth LLC's holdings in Cheniere Energy were worth $3,129,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in LNG. Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Cheniere Energy by 8.2% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 26,417 shares of the energy company's stock valued at $5,676,000 after buying an additional 2,011 shares in the last quarter. Douglass Winthrop Advisors LLC acquired a new stake in shares of Cheniere Energy in the 4th quarter worth about $344,000. HUB Investment Partners LLC lifted its position in Cheniere Energy by 34.0% in the 4th quarter. HUB Investment Partners LLC now owns 3,247 shares of the energy company's stock valued at $698,000 after acquiring an additional 823 shares in the last quarter. Whittier Trust Co. boosted its stake in Cheniere Energy by 3.8% during the 4th quarter. Whittier Trust Co. now owns 60,274 shares of the energy company's stock valued at $12,951,000 after purchasing an additional 2,200 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in Cheniere Energy by 26.6% during the 4th quarter. Teacher Retirement System of Texas now owns 107,288 shares of the energy company's stock valued at $23,053,000 after purchasing an additional 22,562 shares during the last quarter. 87.26% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

A number of research firms have recently weighed in on LNG. Mizuho raised their target price on Cheniere Energy from $248.00 to $254.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Wells Fargo & Company increased their price target on Cheniere Energy from $213.00 to $235.00 and gave the company an "overweight" rating in a research report on Wednesday, December 18th. Stifel Nicolaus lifted their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a "buy" rating in a report on Friday, February 21st. StockNews.com upgraded shares of Cheniere Energy from a "hold" rating to a "buy" rating in a report on Friday, February 21st. Finally, Scotiabank restated an "outperform" rating on shares of Cheniere Energy in a report on Thursday, March 6th. One analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $239.79.

Insiders Place Their Bets

In related news, Director G Andrea Botta sold 9,000 shares of the company's 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 sale, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This represents a 20.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.29% of the company's stock.

Cheniere Energy Stock Performance

Shares of NYSE:LNG traded up $0.38 during mid-day trading on Wednesday, reaching $232.38. The company had a trading volume of 1,191,587 shares, compared to its average volume of 1,745,659. Cheniere Energy, Inc. has a one year low of $152.88 and a one year high of $257.65. 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 company's 50-day moving average price is $224.89 and its 200-day moving average price is $209.86. The firm has a market cap of $51.97 billion, a price-to-earnings ratio of 16.33 and a beta of 0.94.

Cheniere Energy (NYSE:LNG - Get Free Report) last issued its earnings results 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 firm had revenue of $4.44 billion for the quarter, compared to analyst estimates of $4.44 billion. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. As a group, equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend was Friday, February 7th. Cheniere Energy's dividend payout ratio (DPR) is presently 14.05%.

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.