Knights of Columbus Asset Advisors LLC Purchases 848 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Knights of Columbus Asset Advisors LLC raised its position in Cheniere Energy, Inc. (NYSE:LNG) by 3.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 25,927 shares of the energy company’s stock after acquiring an additional 848 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Cheniere Energy were worth $4,426,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. HHM Wealth Advisors LLC acquired a new position in shares of Cheniere Energy during the 3rd quarter worth approximately $25,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Cheniere Energy during the 1st quarter worth approximately $27,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of 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 worth $29,000 after purchasing an additional 118 shares during the last quarter. OFI Invest Asset Management acquired a new position in shares of Cheniere Energy during the 3rd quarter worth approximately $40,000. Finally, Geneos Wealth Management Inc. increased its position in shares of Cheniere Energy by 48.1% during the 3rd quarter. Geneos Wealth Management Inc. now owns 274 shares of the energy company’s stock worth $45,000 after purchasing an additional 89 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on LNG. TD Cowen lowered their price target on Cheniere Energy from $185.00 to $178.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 27th. Redburn Atlantic began coverage on Cheniere Energy in a report on Tuesday. They set a “neutral” rating and a $162.00 target price on the stock. Barclays boosted their target price on Cheniere Energy from $192.00 to $194.00 and gave the stock an “overweight” rating in a report on Wednesday, January 17th. Finally, StockNews.com lowered Cheniere Energy from a “buy” rating to a “hold” rating in a report on Monday, April 8th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $193.30.

Cheniere Energy Trading Up 1.0 %

Shares of LNG stock opened at $162.07 on Friday. The company has a 50-day moving average of $158.09. Cheniere Energy, Inc. has a 1-year low of $135.30 and a 1-year high of $183.46. The firm has a market capitalization of $37.38 billion, a PE ratio of 4.00 and a beta of 0.94. The company has a current ratio of 1.63, a quick ratio of 1.51 and a debt-to-equity ratio of 2.59.

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

Cheniere Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders 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 yield of 1.07%. Cheniere Energy’s payout ratio is currently 4.30%.

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.