Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC lifted its position in Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 315.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,739 shares of the energy company's stock after purchasing an additional 8,914 shares during the period. TD Private Client Wealth LLC's holdings in Cheniere Energy were worth $2,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its position in shares of Cheniere Energy by 3.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 5,438,428 shares of the energy company's stock valued at $978,047,000 after buying an additional 167,575 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Cheniere Energy by 195.1% during the third quarter. Wellington Management Group LLP now owns 4,200,456 shares of the energy company's stock valued at $755,410,000 after purchasing an additional 2,776,920 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Cheniere Energy by 91.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,747,370 shares of the energy company's stock valued at $673,927,000 after purchasing an additional 1,789,919 shares during the period. Tortoise Capital Advisors L.L.C. raised its position in shares of Cheniere Energy by 9.2% during the 2nd quarter. Tortoise Capital Advisors L.L.C. now owns 3,242,899 shares of the energy company's stock worth $566,956,000 after purchasing an additional 273,588 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in Cheniere Energy by 7.4% in the 2nd quarter. Pacer Advisors Inc. now owns 2,921,837 shares of the energy company's stock valued at $510,825,000 after buying an additional 202,097 shares in the last quarter. 87.26% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Trading Down 0.8 %

LNG stock traded down $1.65 during mid-day trading on Friday, hitting $212.98. 1,202,536 shares of the company were exchanged, compared to its average volume of 1,761,548. Cheniere Energy, Inc. has a 12-month low of $152.31 and a 12-month high of $228.10. The firm has a market capitalization of $47.79 billion, a P/E ratio of 13.72 and a beta of 0.97. The business has a fifty day simple moving average of $202.78 and a 200-day simple moving average of $184.67. The company has a quick ratio of 0.98, a current ratio of 1.07 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, beating the consensus estimate of $1.87 by $2.06. Cheniere Energy had a net margin of 22.70% and a return on equity of 41.44%. The firm had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. During the same quarter last year, the firm earned $2.37 EPS. The firm's revenue for the quarter was down 9.5% on a year-over-year basis. On average, equities research analysts predict that Cheniere Energy, Inc. will post 11.25 earnings per share for the current fiscal year.

Cheniere Energy Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 18th. Investors of record on Friday, November 8th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.94%. The ex-dividend date of this dividend was Friday, November 8th. Cheniere Energy's payout ratio is 12.77%.

Analyst Ratings Changes

Several research firms have recently weighed in on LNG. Barclays raised their target price on Cheniere Energy from $199.00 to $202.00 and gave the company an "overweight" rating in a research report on Tuesday, October 15th. Stifel Nicolaus raised their price target on shares of Cheniere Energy from $204.00 to $237.00 and gave the stock a "buy" rating in a research note on Wednesday, December 4th. Bank of America initiated coverage on shares of Cheniere Energy in a research note on Thursday, October 17th. They set a "buy" rating and a $215.00 price objective for the company. TD Cowen upped their price target on Cheniere Energy from $202.00 to $242.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Finally, Royal Bank of Canada boosted their price objective on Cheniere Energy from $201.00 to $217.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 16th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $216.56.

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.