Cheniere Energy, Inc. $LNG Shares Purchased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC raised its holdings in Cheniere Energy, Inc. (NYSE:LNG) by 9.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,324 shares of the energy company’s stock after acquiring an additional 2,098 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Cheniere Energy were worth $5,923,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Cheniere Energy by 0.3% during the first quarter. Vanguard Group Inc. now owns 20,937,749 shares of the energy company’s stock valued at $4,844,995,000 after purchasing an additional 54,801 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Cheniere Energy by 12.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,660,545 shares of the energy company’s stock valued at $1,078,450,000 after acquiring an additional 534,033 shares during the last quarter. Invesco Ltd. lifted its position in shares of Cheniere Energy by 7.9% during the 1st quarter. Invesco Ltd. now owns 3,492,443 shares of the energy company’s stock valued at $808,151,000 after acquiring an additional 255,140 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Cheniere Energy by 12.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,185,605 shares of the energy company’s stock worth $737,149,000 after acquiring an additional 359,435 shares in the last quarter. Finally, Amundi grew its holdings in shares of Cheniere Energy by 0.3% in the 1st quarter. Amundi now owns 2,703,299 shares of the energy company’s stock worth $595,245,000 after acquiring an additional 7,297 shares during the last quarter. Institutional investors own 87.26% of the company’s stock.

Cheniere Energy Price Performance

Shares of LNG opened at $232.15 on Monday. 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 firm has a market cap of $51.02 billion, a PE ratio of 13.55 and a beta of 0.37. The firm’s 50 day moving average price is $235.51 and its 200 day moving average price is $232.91. Cheniere Energy, Inc. has a twelve month low of $180.62 and a twelve month high of $257.65.

Cheniere Energy (NYSE:LNG) last announced its quarterly earnings results on Thursday, August 7th. The energy company reported $7.30 earnings per share for the quarter, topping analysts’ consensus estimates of $2.35 by $4.95. Cheniere Energy had a return on equity of 37.83% and a net margin of 21.05%.The company 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 earnings per share. The business’s quarterly revenue was up 42.8% compared to the same quarter last year. As a group, research analysts expect that Cheniere Energy, Inc. will post 11.69 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cheniere Energy in a report on Saturday, September 27th. Cowen reaffirmed a “buy” rating on shares of Cheniere Energy in a research note on Friday, August 8th. TD Cowen raised their target price on shares of Cheniere Energy from $265.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Scotiabank restated an “outperform” rating on shares of Cheniere Energy in a report on Tuesday, July 15th. Finally, Wells Fargo & Company upped their price target on shares of Cheniere Energy from $267.00 to $284.00 and gave the company an “overweight” rating in a research report on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $263.60.

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.