Vickerman Investment Advisors Inc. Acquires 97 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Vickerman Investment Advisors Inc. increased its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 0.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,294 shares of the energy company’s stock after purchasing an additional 97 shares during the quarter. Vickerman Investment Advisors Inc.’s holdings in Cheniere Energy were worth $3,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. Sei Investments Co. boosted its position in Cheniere Energy by 6.7% during the 1st quarter. Sei Investments Co. now owns 187,236 shares of the energy company’s stock valued at $30,198,000 after acquiring an additional 11,800 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Cheniere Energy by 215.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 62,551 shares of the energy company’s stock valued at $10,936,000 after acquiring an additional 42,737 shares in the last quarter. Silvercrest Asset Management Group LLC bought a new stake in shares of Cheniere Energy in the 1st quarter worth approximately $818,000. State Board of Administration of Florida Retirement System boosted its position in shares of Cheniere Energy by 10.0% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 270,185 shares of the energy company’s stock worth $42,581,000 after purchasing an additional 24,498 shares in the last quarter. Finally, Edgestream Partners L.P. boosted its position in shares of Cheniere Energy by 222.3% in the 1st quarter. Edgestream Partners L.P. now owns 19,081 shares of the energy company’s stock worth $3,077,000 after purchasing an additional 13,160 shares in the last quarter. 87.26% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. TD Cowen boosted their price objective on shares of Cheniere Energy from $192.00 to $202.00 and gave the stock a “buy” rating in a report on Tuesday. Barclays boosted their price objective on shares of Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. Bank of America started coverage on shares of Cheniere Energy in a report on Thursday, October 17th. They issued a “buy” rating and a $215.00 price objective for the company. Royal Bank of Canada boosted their target price on shares of Cheniere Energy from $201.00 to $217.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Finally, Stifel Nicolaus decreased their target price on shares of Cheniere Energy from $208.00 to $204.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Cheniere Energy currently has a consensus rating of “Moderate Buy” and an average target price of $201.89.

Cheniere Energy Trading Up 2.6 %

NYSE:LNG opened at $197.66 on Thursday. The company has a debt-to-equity ratio of 2.63, a current ratio of 1.02 and a quick ratio of 0.93. The firm has a market capitalization of $44.35 billion, a price-to-earnings ratio of 12.62 and a beta of 0.94. Cheniere Energy, Inc. has a one year low of $152.31 and a one year high of $200.32. The business has a fifty day moving average price of $183.85 and a 200-day moving average price of $174.06.

Cheniere Energy (NYSE:LNG) last issued its earnings results on Thursday, October 31st. The energy company reported $3.93 earnings per share for the quarter, topping the consensus estimate of $1.87 by $2.06. The company had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. Cheniere Energy had a net margin of 22.70% and a return on equity of 42.29%. Cheniere Energy’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.37 EPS. Sell-side analysts forecast that Cheniere Energy, Inc. will post 10.11 EPS for the current year.

Cheniere Energy Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 18th. Investors of record on Friday, November 8th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.01%. The ex-dividend date is Friday, November 8th. Cheniere Energy’s dividend payout ratio is currently 12.77%.

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.