Fiduciary Trust Co Has $2.76 Million Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

Fiduciary Trust Co boosted its position in shares of Cheniere Energy, Inc. (NYSE:LNG - Free Report) by 14.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,837 shares of the energy company's stock after purchasing an additional 1,591 shares during the period. Fiduciary Trust Co's holdings in Cheniere Energy were worth $2,758,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of LNG. Miracle Mile Advisors LLC bought a new stake in Cheniere Energy in the 4th quarter valued at $2,127,000. Fractal Investments LLC lifted its holdings in shares of Cheniere Energy by 31.0% during the 4th quarter. Fractal Investments LLC now owns 59,200 shares of the energy company's stock worth $12,720,000 after acquiring an additional 14,000 shares during the period. Anderson Hoagland & Co. acquired a new stake in shares of Cheniere Energy in the 4th quarter valued at $2,460,000. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Cheniere Energy by 31.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 36,664 shares of the energy company's stock worth $7,812,000 after buying an additional 8,756 shares during the last quarter. Finally, Kathmere Capital Management LLC bought a new stake in shares of Cheniere Energy during the 4th quarter valued at approximately $245,000. 87.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Morgan Stanley lifted their price objective on Cheniere Energy from $195.00 to $255.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Stifel Nicolaus dropped their price target on Cheniere Energy from $255.00 to $247.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. TD Cowen boosted their target price on shares of Cheniere Energy from $250.00 to $260.00 and gave the company a "buy" rating in a research report on Friday. UBS Group restated a "buy" rating and issued a $277.00 price target on shares of Cheniere Energy in a report on Tuesday, March 18th. Finally, StockNews.com cut shares of Cheniere Energy from a "buy" rating to a "hold" rating in a research report on Friday. Two research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $252.23.

Cheniere Energy Trading Up 1.0%

Shares of LNG stock traded up $2.26 during mid-day trading on Tuesday, reaching $232.74. The company's stock had a trading volume of 1,769,537 shares, compared to its average volume of 1,863,089. The company's 50 day simple moving average is $225.09 and its 200-day simple moving average is $220.59. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.41. Cheniere Energy, Inc. has a 12-month low of $153.03 and a 12-month high of $257.65. The firm has a market capitalization of $51.86 billion, a PE ratio of 16.36 and a beta of 0.41.

Cheniere Energy (NYSE:LNG - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The energy company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.81 by ($1.24). The company had revenue of $5.44 billion during the quarter, compared to analyst estimates of $4.73 billion. Cheniere Energy had a net margin of 20.71% and a return on equity of 37.19%. The company's revenue was up 28.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.13 earnings per share. On average, research analysts predict that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Cheniere Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Friday, May 9th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend is Friday, May 9th. Cheniere Energy's dividend payout ratio is currently 14.63%.

Insider Buying and Selling at Cheniere Energy

In other Cheniere Energy news, Director G Andrea Botta sold 9,000 shares of the 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 transaction, the director now directly owns 33,934 shares of the company's stock, valued at $7,448,852.34. This represents a 20.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.26% of the stock is owned by corporate insiders.

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.