Redburn Atlantic Begins Coverage on Cheniere Energy (NYSE:LNG)

Redburn Atlantic began coverage on shares of Cheniere Energy (NYSE:LNG - Free Report) in a research report sent to investors on Tuesday, Marketbeat Ratings reports. The brokerage issued a neutral rating and a $162.00 target price on the energy company's stock.

Several other equities analysts also recently issued reports on the stock. TD Cowen decreased 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. StockNews.com downgraded 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 investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of Moderate Buy and an average price target of $193.30.

Cheniere Energy Trading Down 0.2 %

NYSE:LNG traded down $0.34 during trading hours on Tuesday, hitting $154.09. The company's stock had a trading volume of 1,803,738 shares, compared to its average volume of 1,897,201. The company has a market capitalization of $36.16 billion, a PE ratio of 3.80 and a beta of 0.94. The company has a fifty day simple moving average of $158.34. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.63 and a quick ratio of 1.51. Cheniere Energy has a 52-week low of $135.30 and a 52-week high of $183.46.

Cheniere Energy (NYSE:LNG - Get Free Report) last released its quarterly earnings data on Thursday, February 22nd. The energy company reported $5.76 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the prior year, the firm posted $15.78 earnings per share. Cheniere Energy's revenue for the quarter was down 46.9% on a year-over-year basis. On average, sell-side analysts forecast that Cheniere Energy will post 8.39 earnings per share for the current year.

Cheniere Energy Announces Dividend

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

Institutional Investors Weigh In On Cheniere Energy

A number of hedge funds have recently added to or reduced their stakes in LNG. HHM Wealth Advisors LLC purchased a new position in Cheniere Energy in the third quarter valued at about $25,000. Cooksen Wealth LLC purchased a new position in shares of Cheniere Energy during the 4th quarter worth approximately $28,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of Cheniere Energy during the 1st quarter worth approximately $27,000. Whittier Trust Co. of Nevada Inc. increased its stake 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 in the last quarter. Finally, Riverview Trust Co purchased a new position in shares of Cheniere Energy during the 1st quarter worth approximately $29,000. Institutional investors and hedge funds own 87.26% of the company's stock.

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.