Trust Co. of Vermont Invests $8.37 Million in Cheniere Energy, Inc. $LNG

Trust Co. of Vermont purchased a new stake in shares of Cheniere Energy, Inc. (NYSE:LNG) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 35,021 shares of the energy company’s stock, valued at approximately $8,370,000.

Several other large investors also recently bought and sold shares of the business. Strive Financial Group LLC bought a new position in Cheniere Energy during the 4th quarter valued at about $25,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Cheniere Energy during the 4th quarter valued at about $26,000. Financial Life Planners bought a new stake in shares of Cheniere Energy in the first quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Cheniere Energy during the third quarter valued at approximately $27,000. Finally, Community Financial Services Group LLC purchased a new position in shares of Cheniere Energy during the second quarter valued at approximately $29,000. 87.26% of the stock is currently owned by institutional investors.

Cheniere Energy Price Performance

NYSE LNG opened at $267.30 on Tuesday. The company has a 50-day moving average price of $252.30 and a 200-day moving average price of $249.18. Cheniere Energy, Inc. has a 52 week low of $186.20 and a 52 week high of $300.89. The company has a quick ratio of 0.72, a current ratio of 0.87 and a debt-to-equity ratio of 1.97. The firm has a market capitalization of $55.21 billion, a P/E ratio of 19.90 and a beta of -0.01.

Cheniere Energy (NYSE:LNG) last posted its quarterly earnings data on Thursday, August 6th. The energy company reported $3.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.11 by ($0.09). The business had revenue of $5.73 billion during the quarter, compared to analysts’ expectations of $4.92 billion. Cheniere Energy had a return on equity of 29.80% and a net margin of 13.57%.The business’s quarterly revenue was up 23.5% compared to the same quarter last year. During the same period in the previous year, the business posted $7.30 EPS. Equities research analysts anticipate that Cheniere Energy, Inc. will post 19.2 earnings per share for the current year.

Cheniere Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 18th. Shareholders of record on Monday, August 10th will be given a $0.555 dividend. The ex-dividend date is Monday, August 10th. This represents a $2.22 annualized dividend and a yield of 0.8%. Cheniere Energy’s dividend payout ratio (DPR) is presently 16.53%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Morgan Stanley restated an “overweight” rating and set a $310.00 price objective on shares of Cheniere Energy in a research report on Friday, August 7th. Wall Street Zen raised shares of Cheniere Energy from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Sanford C. Bernstein began coverage on shares of Cheniere Energy in a research note on Tuesday, June 16th. They set a “market perform” rating and a $283.00 target price for the company. Scotiabank reissued an “outperform” rating on shares of Cheniere Energy in a report on Wednesday, May 13th. Finally, Zacks Research downgraded Cheniere Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $299.88.

About Cheniere Energy

Cheniere Energy, Inc is a U.S.-based energy company that develops, owns and operates liquefied natural gas (LNG) infrastructure and markets LNG to global customers. The company’s core activities include natural gas liquefaction, long‑term and short‑term LNG sales and marketing, and the associated midstream services required to move gas from production basins to international markets. Cheniere focuses on converting domestic natural gas into LNG for export, providing a bridge between North American supply and overseas demand.

Cheniere’s principal operating assets are large-scale LNG export terminals located on the U.S.