Toronto Dominion Bank Acquires 3,772 Shares of Cheniere Energy, Inc. (NYSEAMERICAN:LNG)

Toronto Dominion Bank raised its holdings in Cheniere Energy, Inc. (NYSEAMERICAN:LNG) by 10.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,450 shares of the energy company’s stock after buying an additional 3,772 shares during the quarter. Toronto Dominion Bank’s holdings in Cheniere Energy were worth $3,595,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of LNG. Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of Cheniere Energy by 15.5% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,873,178 shares of the energy company’s stock valued at $162,619,000 after purchasing an additional 251,784 shares during the period. Xponance Inc. lifted its stake in shares of Cheniere Energy by 13.9% in the 2nd quarter. Xponance Inc. now owns 27,510 shares of the energy company’s stock valued at $2,386,000 after purchasing an additional 3,362 shares during the period. Cincinnati Insurance Co. lifted its stake in shares of Cheniere Energy by 28.1% in the 2nd quarter. Cincinnati Insurance Co. now owns 25,320 shares of the energy company’s stock valued at $2,196,000 after purchasing an additional 5,550 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Cheniere Energy by 20.7% in the 2nd quarter. Principal Financial Group Inc. now owns 31,414 shares of the energy company’s stock valued at $2,725,000 after purchasing an additional 5,389 shares during the period. Finally, Barclays PLC raised its stake in Cheniere Energy by 75.6% during the first quarter. Barclays PLC now owns 531,923 shares of the energy company’s stock valued at $38,303,000 after buying an additional 229,018 shares during the last quarter. Hedge funds and other institutional investors own 86.50% of the company’s stock.

Shares of LNG opened at $105.01 on Thursday. The company has a debt-to-equity ratio of 12.47, a current ratio of 1.04 and a quick ratio of 0.94. Cheniere Energy, Inc. has a one year low of $45.51 and a one year high of $105.26. The firm has a market capitalization of $26.63 billion, a P/E ratio of -44.31, a PEG ratio of 0.68 and a beta of 1.62.

Cheniere Energy (NYSEAMERICAN:LNG) last issued its quarterly earnings data on Thursday, August 5th. The energy company reported ($1.30) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($2.22). Cheniere Energy had a positive return on equity of 22.07% and a negative net margin of 5.73%. The firm had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the previous year, the firm earned $0.42 EPS. The business’s revenue was up 25.6% on a year-over-year basis. Equities research analysts predict that Cheniere Energy, Inc. will post 4.6 EPS for the current fiscal year.

The business also recently declared a — dividend, which will be paid on Wednesday, November 17th. Shareholders of record on Wednesday, November 3rd will be issued a dividend of $0.33 per share. The ex-dividend date is Tuesday, November 2nd.

A number of research analysts have issued reports on LNG shares. Evercore ISI lifted their price objective on Cheniere Energy from $107.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, September 30th. Barclays boosted their price target on Cheniere Energy from $104.00 to $129.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 6th. Wells Fargo & Company boosted their price target on Cheniere Energy from $95.00 to $112.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 15th. Wolfe Research restated a “buy” rating and issued a $93.00 price target on shares of Cheniere Energy in a research note on Friday, July 16th. Finally, boosted their price target on Cheniere Energy from $95.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, June 22nd. Nine analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $100.11.

Cheniere Energy Company Profile

Cheniere Energy, Inc engages in liquefied natural gas (LNG) related businesses. It owns and operates LNG terminals, and develops, constructs, and operates liquefaction projects near Corpus Christi, Texas, and at the Sabine Pass LNG terminal. The company was founded by Charif Souki in 1983 and is headquartered in Houston, TX.

Read More: What’s a Black Swan?

Want to see what other hedge funds are holding LNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cheniere Energy, Inc. (NYSEAMERICAN:LNG).

Institutional Ownership by Quarter for Cheniere Energy (NYSEAMERICAN:LNG)

Receive News & Ratings for Cheniere Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cheniere Energy and related companies with MarketBeat.com's FREE daily email newsletter.