Morton Community Bank Increases Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Morton Community Bank grew its holdings in shares of Cheniere Energy, Inc. (NYSE:LNG) by 1.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,075 shares of the energy company’s stock after acquiring an additional 200 shares during the period. Morton Community Bank’s holdings in Cheniere Energy were worth $3,454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB increased its stake in Cheniere Energy by 170.5% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after acquiring an additional 75 shares during the last quarter. WR Wealth Planners LLC raised its stake in shares of Cheniere Energy by 373.1% during the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock valued at $26,000 after acquiring an additional 97 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Cheniere Energy during the 4th quarter worth $29,000. Capital Performance Advisors LLP purchased a new stake in shares of Cheniere Energy in the 3rd quarter worth approximately $28,000. Finally, Adirondack Trust Co. purchased a new position in shares of Cheniere Energy in the 4th quarter valued at $43,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. StockNews.com raised Cheniere Energy from a “hold” rating to a “buy” rating in a research report on Friday, February 21st. Morgan Stanley upped their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Stifel Nicolaus boosted their price target on shares of Cheniere Energy from $237.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Wells Fargo & Company boosted their price objective on shares of Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. 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 note on Friday, November 15th. One investment analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $236.33.

Cheniere Energy Trading Up 2.4 %

Shares of NYSE:LNG opened at $220.57 on Monday. The firm has a fifty day moving average price of $225.15 and a 200 day moving average price of $206.54. 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 1 year low of $152.88 and a 1 year high of $257.65. The stock has a market capitalization of $49.33 billion, a PE ratio of 15.50 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last released its earnings results on Thursday, February 20th. The energy company reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The business had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.44 billion. Analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 dividend on an annualized basis and a yield of 0.91%. Cheniere Energy’s payout ratio is 14.05%.

Insider Buying and Selling

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total value of $1,975,590.00. Following the sale, the director now owns 33,934 shares in the company, valued at approximately $7,448,852.34. The trade was a 20.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.29% of the stock is currently owned by insiders.

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.