TIAA Trust National Association Raises Stock Holdings in Cheniere Energy, Inc. (NYSE:LNG)

TIAA Trust National Association lifted its stake in Cheniere Energy, Inc. (NYSE:LNG) by 16.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,034 shares of the energy company’s stock after buying an additional 282 shares during the quarter. TIAA Trust National Association’s holdings in Cheniere Energy were worth $437,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in LNG. MassMutual Private Wealth & Trust FSB raised its stake in Cheniere Energy by 170.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 119 shares of the energy company’s stock worth $26,000 after acquiring an additional 75 shares during the period. WR Wealth Planners LLC increased its stake in shares of Cheniere Energy by 373.1% in the fourth quarter. WR Wealth Planners LLC now owns 123 shares of the energy company’s stock worth $26,000 after purchasing an additional 97 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cheniere Energy during the 4th quarter valued at $29,000. Adirondack Trust Co. purchased a new position in shares of Cheniere Energy during the 4th quarter valued at $43,000. Finally, SBI Securities Co. Ltd. bought a new position in Cheniere Energy in the 4th quarter worth $46,000. 87.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on LNG shares. Wells Fargo & Company raised their price target on Cheniere Energy from $213.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday, December 18th. Stifel Nicolaus boosted their price target on Cheniere Energy from $237.00 to $255.00 and gave the stock a “buy” rating in a report on Friday, February 21st. Scotiabank reaffirmed an “outperform” rating on shares of Cheniere Energy in a report on Thursday, March 6th. TD Cowen boosted their target price on shares of Cheniere Energy from $242.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Finally, Morgan Stanley raised their target price on shares of Cheniere Energy from $195.00 to $255.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. One investment analyst has rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $239.79.

Insider Buying and Selling at Cheniere Energy

In other news, Director G Andrea Botta sold 9,000 shares of Cheniere Energy stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $219.51, for a total transaction of $1,975,590.00. Following the completion of the sale, the director now directly owns 33,934 shares in the company, valued at approximately $7,448,852.34. This trade represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.29% of the company’s stock.

Cheniere Energy Trading Down 0.3 %

LNG opened at $226.16 on Friday. The stock has a 50-day moving average of $223.55 and a 200 day moving average of $210.47. 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 12 month low of $152.88 and a 12 month high of $257.65. The firm has a market cap of $50.58 billion, a P/E ratio of 15.89 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last announced its earnings results on Thursday, February 20th. The energy company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $2.74 by $1.59. Cheniere Energy had a return on equity of 37.19% and a net margin of 20.71%. The firm had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.44 billion. As a group, research analysts forecast that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Cheniere Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a $0.50 dividend. The ex-dividend date was Friday, February 7th. This represents a $2.00 annualized dividend and a dividend yield of 0.88%. Cheniere Energy’s dividend payout ratio (DPR) is presently 14.05%.

Cheniere Energy 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.