Kingfisher Capital LLC Sells 753 Shares of Cheniere Energy, Inc. (NYSE:LNG)

Kingfisher Capital LLC lowered its position in shares of Cheniere Energy, Inc. (NYSE:LNG) by 5.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,941 shares of the energy company’s stock after selling 753 shares during the quarter. Kingfisher Capital LLC’s holdings in Cheniere Energy were worth $2,507,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. MCF Advisors LLC bought a new position in shares of Cheniere Energy in the 2nd quarter valued at about $26,000. Lynx Investment Advisory acquired a new stake in Cheniere Energy during the 2nd quarter worth approximately $27,000. Carolinas Wealth Consulting LLC grew its stake in shares of Cheniere Energy by 5,000.0% in the second quarter. Carolinas Wealth Consulting LLC now owns 153 shares of the energy company’s stock valued at $27,000 after acquiring an additional 150 shares in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Cheniere Energy during the third quarter worth approximately $27,000. Finally, Capital Performance Advisors LLP acquired a new position in Cheniere Energy in the 3rd quarter valued at $28,000. Institutional investors and hedge funds own 87.26% of the company’s stock.

Cheniere Energy Stock Down 0.1 %

Shares of NYSE:LNG opened at $221.77 on Friday. Cheniere Energy, Inc. has a 1 year low of $152.31 and a 1 year high of $225.44. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.07 and a quick ratio of 0.98. The stock’s 50-day moving average is $195.08 and its 200 day moving average is $180.36. The company has a market cap of $49.76 billion, a PE ratio of 14.16 and a beta of 0.94.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, October 31st. The energy company reported $3.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $2.06. The business had revenue of $3.76 billion during the quarter, compared to the consensus estimate of $3.76 billion. Cheniere Energy had a return on equity of 41.44% and a net margin of 22.70%. The firm’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.37 earnings per share. Sell-side analysts anticipate that Cheniere Energy, Inc. will post 11.26 EPS for the current year.

Cheniere Energy Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, November 8th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date was Friday, November 8th. Cheniere Energy’s payout ratio is 12.77%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on LNG. Royal Bank of Canada raised their price target 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. Stifel Nicolaus dropped their target price on shares of Cheniere Energy from $208.00 to $204.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Barclays increased their target price on Cheniere Energy from $199.00 to $202.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. UBS Group lifted their price objective on shares of Cheniere Energy from $232.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, TD Cowen boosted their price objective on Cheniere Energy from $202.00 to $242.00 and gave the company a “buy” rating in a research note on Tuesday. Two research 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, the stock has an average rating of “Moderate Buy” and a consensus price target of $212.89.

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.