Vickerman Investment Advisors Inc. Sells 1,396 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Vickerman Investment Advisors Inc. lowered its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 7.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 16,898 shares of the energy company’s stock after selling 1,396 shares during the period. Cheniere Energy accounts for approximately 1.0% of Vickerman Investment Advisors Inc.’s holdings, making the stock its 27th largest position. Vickerman Investment Advisors Inc.’s holdings in Cheniere Energy were worth $3,631,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of LNG. The Manufacturers Life Insurance Company lifted 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 acquiring an additional 167,575 shares during the last quarter. Wellington Management Group LLP lifted its position 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 worth $755,410,000 after acquiring an additional 2,776,920 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in 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. Amundi lifted its position in Cheniere Energy by 19.9% during the fourth quarter. Amundi now owns 2,696,002 shares of the energy company’s stock worth $606,907,000 after acquiring an additional 448,189 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Cheniere Energy by 11.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,793,989 shares of the energy company’s stock worth $322,631,000 after acquiring an additional 178,318 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Wells Fargo & Company raised their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 18th. Argus started coverage on shares of Cheniere Energy in a research report on Tuesday. They set a “buy” rating and a $255.00 price objective for the company. UBS Group reiterated a “buy” rating and issued a $277.00 price target on shares of Cheniere Energy in a research report on Tuesday. Morgan Stanley lifted their price target on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. Finally, Mizuho lifted their price target on shares of Cheniere Energy from $248.00 to $254.00 and gave the company an “outperform” rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $239.79.

Insiders Place Their Bets

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the business’s stock in a transaction 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 owns 33,934 shares of the company’s stock, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.29% of the company’s stock.

Cheniere Energy Stock Up 1.4 %

Shares of LNG opened at $230.52 on Friday. Cheniere Energy, Inc. has a one year low of $152.88 and a one year high of $257.65. The company has a market cap of $51.56 billion, a P/E ratio of 16.20 and a beta of 0.94. 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 firm has a 50 day simple moving average of $224.99 and a two-hundred day simple moving average of $208.46.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings data on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, beating the consensus estimate of $2.74 by $1.59. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The business had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.44 billion. Research analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.87%. Cheniere Energy’s payout ratio is presently 14.05%.

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.