Toronto Dominion Bank Has $7.34 Million Position in Cheniere Energy, Inc. (NYSE:LNG)

Toronto Dominion Bank increased its stake in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 25.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,836 shares of the energy company's stock after purchasing an additional 8,257 shares during the quarter. Toronto Dominion Bank's holdings in Cheniere Energy were worth $7,344,000 as of its most recent filing with the Securities and Exchange Commission.

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

Cheniere Energy Trading Down 0.7 %

Shares of Cheniere Energy stock traded down $1.57 on Friday, reaching $213.06. 1,202,902 shares of the company were exchanged, compared to its average volume of 1,761,548. 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, Inc. has a fifty-two week low of $152.31 and a fifty-two week high of $228.10. The firm has a market capitalization of $47.80 billion, a price-to-earnings ratio of 13.61 and a beta of 0.97. The stock has a fifty day moving average price of $203.27 and a 200-day moving average price of $185.48.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 EPS for the quarter, topping analysts' consensus estimates 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 analyst estimates of $3.76 billion. During the same quarter last year, the business posted $2.37 EPS. The company's revenue was down 9.5% on a year-over-year basis. On average, analysts expect that Cheniere Energy, Inc. will post 11.25 EPS for the current year.

Cheniere Energy Cuts Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on LNG shares. TD Cowen upped their target price on shares of Cheniere Energy from $202.00 to $242.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Barclays raised their price target on Cheniere Energy from $199.00 to $202.00 and gave the stock an "overweight" rating in a report on Tuesday, October 15th. Royal Bank of Canada upped their target price on shares of Cheniere Energy from $201.00 to $217.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 16th. Bank of America began coverage on Cheniere Energy in a research report on Thursday, October 17th. They issued a "buy" rating and a $215.00 target price on the stock. Finally, UBS Group boosted their price target on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Cheniere Energy has a consensus rating of "Moderate Buy" and a consensus price target of $216.56.

Cheniere Energy 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.