Cheniere Energy, Inc. $LNG Stock Holdings Lifted by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. raised its position in Cheniere Energy, Inc. (NYSE:LNG) by 3.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,403 shares of the energy company’s stock after purchasing an additional 1,047 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Cheniere Energy were worth $6,917,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Pinnacle Bancorp Inc. boosted its stake in shares of Cheniere Energy by 134.1% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 103 shares of the energy company’s stock worth $25,000 after acquiring an additional 59 shares in the last quarter. Hilltop National Bank bought a new stake in shares of Cheniere Energy during the 2nd quarter worth about $28,000. Richardson Financial Services Inc. bought a new stake in shares of Cheniere Energy during the 2nd quarter worth about $30,000. Cooksen Wealth LLC bought a new stake in shares of Cheniere Energy during the 1st quarter worth about $38,000. Finally, WPG Advisers LLC bought a new stake in shares of Cheniere Energy during the 1st quarter worth about $38,000. Hedge funds and other institutional investors own 87.26% of the company’s stock.

Cheniere Energy Price Performance

NYSE LNG opened at $222.18 on Wednesday. Cheniere Energy, Inc. has a twelve month low of $180.77 and a twelve month high of $257.65. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.85 and a current ratio of 0.98. The stock has a market capitalization of $48.83 billion, a PE ratio of 12.97 and a beta of 0.37. The stock has a 50-day simple moving average of $233.68 and a 200 day simple moving average of $232.91.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, August 7th. The energy company reported $7.30 earnings per share for the quarter, topping the consensus estimate of $2.35 by $4.95. Cheniere Energy had a return on equity of 37.83% and a net margin of 21.05%.The business had revenue of $4.64 billion during the quarter, compared to analysts’ expectations of $4.48 billion. During the same quarter in the previous year, the firm earned $3.84 EPS. The firm’s revenue was up 42.8% compared to the same quarter last year. Research analysts anticipate that Cheniere Energy, Inc. will post 11.69 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Barclays reiterated an “overweight” rating and set a $262.00 price target (up previously from $253.00) on shares of Cheniere Energy in a research note on Tuesday, July 15th. TD Cowen upped their price target on Cheniere Energy from $265.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Jefferies Financial Group set a $288.00 price target on Cheniere Energy and gave the stock a “buy” rating in a research note on Thursday, June 26th. Cowen reiterated a “buy” rating on shares of Cheniere Energy in a research note on Friday, August 8th. Finally, Scotiabank reissued an “outperform” rating on shares of Cheniere Energy in a research report on Tuesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $266.93.

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.