Cheniere Energy, Inc. (NYSE:LNG) Shares Acquired by Donaldson Capital Management LLC

Donaldson Capital Management LLC grew its position in Cheniere Energy, Inc. (NYSE:LNG) by 12.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,493 shares of the energy company’s stock after acquiring an additional 973 shares during the period. Donaldson Capital Management LLC’s holdings in Cheniere Energy were worth $1,450,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. HHM Wealth Advisors LLC purchased a new stake in shares of Cheniere Energy during the third quarter worth about $25,000. Strategic Investment Solutions Inc. IL purchased a new stake in Cheniere Energy during the 1st quarter valued at about $27,000. Whittier Trust Co. of Nevada Inc. grew its stake in Cheniere Energy by 203.4% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 176 shares of the energy company’s stock valued at $29,000 after acquiring an additional 118 shares in the last quarter. OFI Invest Asset Management purchased a new stake in Cheniere Energy during the 3rd quarter valued at about $40,000. Finally, Geneos Wealth Management Inc. grew its stake in Cheniere Energy by 48.1% during the 3rd quarter. Geneos Wealth Management Inc. now owns 274 shares of the energy company’s stock valued at $45,000 after acquiring an additional 89 shares in the last quarter. Institutional investors and hedge funds own 87.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. TD Cowen dropped their price objective on shares of Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating for the company in a research note on Tuesday, February 27th. Redburn Atlantic assumed coverage on shares of Cheniere Energy in a research note on Tuesday. They set a “neutral” rating and a $162.00 price objective for the company. StockNews.com cut shares of Cheniere Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 8th. Finally, Barclays upped their price objective on shares of Cheniere Energy from $192.00 to $194.00 and gave the company an “overweight” rating in a research note on Wednesday, January 17th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Cheniere Energy has a consensus rating of “Moderate Buy” and a consensus target price of $193.30.

Cheniere Energy Stock Down 0.3 %

NYSE:LNG traded down $0.52 on Tuesday, hitting $153.91. The stock had a trading volume of 182,115 shares, compared to its average volume of 1,874,205. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.51 and a current ratio of 1.63. The firm has a market capitalization of $36.12 billion, a PE ratio of 3.81 and a beta of 0.94. The stock has a fifty day moving average price of $158.56. Cheniere Energy, Inc. has a 1-year low of $135.30 and a 1-year high of $183.46.

Cheniere Energy (NYSE:LNG) last posted its earnings results on Thursday, February 22nd. The energy company reported $5.76 earnings per share for the quarter, beating the consensus estimate of $2.70 by $3.06. Cheniere Energy had a net margin of 48.45% and a return on equity of 69.52%. The company had revenue of $4.82 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same period in the previous year, the business posted $15.78 EPS. Cheniere Energy’s revenue was down 46.9% on a year-over-year basis. As a group, analysts anticipate that Cheniere Energy, Inc. will post 8.39 earnings per share for the current year.

Cheniere Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Tuesday, February 6th were issued a $0.435 dividend. The ex-dividend date of this dividend was Monday, February 5th. This represents a $1.74 annualized dividend and a dividend yield of 1.13%. Cheniere Energy’s dividend payout ratio is currently 4.30%.

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.