Cheniere Energy, Inc. (NYSE:LNG) Shares Purchased by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 8.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,417 shares of the energy company's stock after acquiring an additional 2,011 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Cheniere Energy were worth $5,676,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB boosted its stake in Cheniere Energy by 170.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company's stock valued at $26,000 after acquiring an additional 75 shares in the last quarter. WR Wealth Planners LLC grew its stake in Cheniere Energy by 373.1% during the 4th quarter. WR Wealth Planners LLC now owns 123 shares of the energy company's stock worth $26,000 after buying an additional 97 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in Cheniere Energy in the fourth quarter valued at approximately $29,000. Adirondack Trust Co. purchased a new position in shares of Cheniere Energy during the fourth quarter worth approximately $43,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Cheniere Energy in the 4th quarter valued at $46,000. Hedge funds and other institutional investors own 87.26% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on LNG shares. Stifel Nicolaus raised their price objective on shares of Cheniere Energy from $237.00 to $255.00 and gave the stock a "buy" rating in a research report on Friday, February 21st. The Goldman Sachs Group boosted their price target on Cheniere Energy from $234.00 to $261.00 and gave the company a "buy" rating in a research report on Thursday, December 19th. Argus assumed coverage on Cheniere Energy in a research report on Tuesday, March 18th. They set a "buy" rating and a $255.00 price objective for the company. StockNews.com upgraded Cheniere Energy from a "hold" rating to a "buy" rating in a research note on Friday, February 21st. Finally, Wells Fargo & Company upped their price target on Cheniere Energy from $213.00 to $235.00 and gave the stock an "overweight" rating in a research note on Wednesday, December 18th. One equities research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $239.79.

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Cheniere Energy Price Performance

Shares of NYSE LNG traded up $0.38 during midday trading on Wednesday, hitting $232.38. The company had a trading volume of 1,191,587 shares, compared to its average volume of 1,745,659. The firm has a market capitalization of $51.97 billion, a price-to-earnings ratio of 16.33 and a beta of 0.94. Cheniere Energy, Inc. has a twelve month low of $152.88 and a twelve month high of $257.65. The business has a 50-day simple moving average of $224.89 and a two-hundred day simple moving average of $209.86. 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 quarterly earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Equities research analysts anticipate that Cheniere Energy, Inc. will post 11.69 earnings per share for the current year.

Cheniere Energy Announces Dividend

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

Insider Buying and Selling

In other news, Director G Andrea Botta sold 9,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $219.51, for a total value of $1,975,590.00. Following the sale, the director now directly owns 33,934 shares in the company, valued at $7,448,852.34. This represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.29% of the company's stock.

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.