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

Trust Co. of Vermont increased its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 81.6% during the 4th quarter, HoldingsChannel reports. The fund owned 17,881 shares of the energy company’s stock after acquiring an additional 8,033 shares during the quarter. Trust Co. of Vermont’s holdings in Cheniere Energy were worth $3,842,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Carolinas Wealth Consulting LLC lifted its stake in Cheniere Energy by 5,000.0% in the second quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company’s stock valued at $27,000 after buying an additional 150 shares during the last quarter. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Cheniere Energy during the third quarter valued at $27,000. Capital Performance Advisors LLP bought a new stake in shares of Cheniere Energy during the third quarter valued at about $28,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Cheniere Energy during the second quarter valued at approximately $30,000. Finally, ORG Wealth Partners LLC bought a new stake in Cheniere Energy during the third quarter worth approximately $53,000. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Stock Performance

Shares of Cheniere Energy stock traded down $0.96 during midday trading on Friday, hitting $252.70. The company had a trading volume of 2,454,749 shares, compared to its average volume of 1,232,545. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The stock has a market cap of $56.70 billion, a PE ratio of 16.14 and a beta of 0.99. The business’s 50 day simple moving average is $219.76 and its two-hundred day simple moving average is $195.33. Cheniere Energy, Inc. has a 1-year low of $152.31 and a 1-year high of $257.65.

Cheniere Energy (NYSE:LNG) last released its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.87 by $2.06. The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.76 billion. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. Cheniere Energy’s quarterly revenue was down 9.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.37 earnings per share. As a group, equities analysts predict that Cheniere Energy, Inc. will post 12.66 EPS for the current fiscal 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. This represents a $2.00 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Friday, November 8th. Cheniere Energy’s payout ratio is currently 12.77%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on LNG shares. TD Cowen increased their price target on Cheniere Energy from $202.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group boosted their target price on shares of Cheniere Energy from $234.00 to $261.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. UBS Group raised their target price on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Royal Bank of Canada increased their price objective on Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Finally, Barclays lifted their target price on Cheniere Energy from $202.00 to $253.00 and gave the stock an “overweight” rating in a report on Thursday. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $231.18.

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.