Cheniere Energy, Inc. (NYSE:LNG) Shares Sold by Moody National Bank Trust Division

Moody National Bank Trust Division lessened its stake in Cheniere Energy, Inc. (NYSE:LNG) by 5.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,777 shares of the energy company’s stock after selling 461 shares during the period. Moody National Bank Trust Division’s holdings in Cheniere Energy were worth $1,671,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Insight Wealth Strategies LLC acquired a new stake in shares of Cheniere Energy in the fourth quarter valued at $4,455,000. Continuum Advisory LLC lifted its holdings in Cheniere Energy by 42.1% in the 3rd quarter. Continuum Advisory LLC now owns 12,919 shares of the energy company’s stock valued at $2,323,000 after acquiring an additional 3,828 shares during the last quarter. Jennison Associates LLC boosted its position in shares of Cheniere Energy by 2.9% during the 3rd quarter. Jennison Associates LLC now owns 1,324,360 shares of the energy company’s stock valued at $238,173,000 after purchasing an additional 37,729 shares in the last quarter. M&G PLC grew its stake in shares of Cheniere Energy by 21.0% in the 3rd quarter. M&G PLC now owns 268,834 shares of the energy company’s stock worth $48,390,000 after purchasing an additional 46,602 shares during the last quarter. Finally, Nwam LLC bought a new stake in shares of Cheniere Energy in the 3rd quarter worth approximately $2,747,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on LNG shares. Scotiabank started coverage on shares of Cheniere Energy in a report on Friday. They set a “sector outperform” rating and a $242.00 target price for the company. Royal Bank of Canada lifted their target price on Cheniere Energy from $201.00 to $217.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. TD Cowen upped their target price on Cheniere Energy from $202.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Barclays lifted their price target on Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Finally, Stifel Nicolaus raised their target price on shares of Cheniere Energy from $204.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, December 4th. Two equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $226.55.

Cheniere Energy Trading Up 2.0 %

NYSE LNG opened at $229.69 on Tuesday. 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 $152.31 and a 1-year high of $230.11. The firm’s fifty day simple moving average is $215.81 and its 200-day simple moving average is $193.53. The company has a market capitalization of $51.53 billion, a PE ratio of 14.67 and a beta of 0.99.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $2.06. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The company had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. During the same period last year, the business earned $2.37 EPS. The business’s quarterly revenue was down 9.5% on a year-over-year basis. As a group, sell-side analysts anticipate that Cheniere Energy, Inc. will post 11.25 earnings per share for the current fiscal year.

Cheniere Energy Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 18th. Stockholders of record on Friday, November 8th were issued a dividend of $0.50 per share. 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 0.87%. Cheniere Energy’s dividend payout ratio is currently 12.77%.

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.