Cheniere Energy Partners (NYSEAMERICAN:CQH) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research downgraded shares of Cheniere Energy Partners (NYSEAMERICAN:CQH) from a hold rating to a sell rating in a research note published on Wednesday, January 10th.

According to Zacks, “Cheniere Energy Partners LP Holdings, LLC owns and operates liquefied natural gas terminal. The terminal has regasification facilities. Cheniere Energy Partners LP Holdings, LLC is based in Houston, Texas. “

Other equities analysts have also recently issued research reports about the stock. Morgan Stanley lifted their target price on shares of Cheniere Energy Partners from $22.00 to $23.00 and gave the stock an equal weight rating in a research report on Friday, November 17th. US Capital Advisors cut shares of Cheniere Energy Partners from an overweight rating to a hold rating in a research report on Thursday, January 4th. Finally, BidaskClub upgraded shares of Cheniere Energy Partners from a sell rating to a hold rating in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $26.00.

Cheniere Energy Partners (CQH) opened at $28.22 on Wednesday. The company has a market cap of $6,540.00, a price-to-earnings ratio of 352.75 and a beta of 1.03. Cheniere Energy Partners has a 52-week low of $22.31 and a 52-week high of $28.76.

Cheniere Energy Partners (NYSEAMERICAN:CQH) last issued its earnings results on Tuesday, November 14th. The energy company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.31). The company had revenue of $5.08 million for the quarter, compared to the consensus estimate of $104.60 million.

Several hedge funds have recently added to or reduced their stakes in CQH. Jane Street Group LLC purchased a new position in shares of Cheniere Energy Partners during the third quarter valued at about $327,000. Cubist Systematic Strategies LLC purchased a new position in shares of Cheniere Energy Partners during the third quarter valued at about $205,000. California Public Employees Retirement System increased its position in shares of Cheniere Energy Partners by 39.6% during the third quarter. California Public Employees Retirement System now owns 34,201 shares of the energy company’s stock valued at $858,000 after buying an additional 9,701 shares during the period. GSA Capital Partners LLP increased its position in shares of Cheniere Energy Partners by 102.8% during the third quarter. GSA Capital Partners LLP now owns 16,443 shares of the energy company’s stock valued at $412,000 after buying an additional 8,337 shares during the period. Finally, Susquehanna International Group LLP increased its position in shares of Cheniere Energy Partners by 152.3% during the third quarter. Susquehanna International Group LLP now owns 20,227 shares of the energy company’s stock valued at $507,000 after buying an additional 12,211 shares during the period.

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About Cheniere Energy Partners

Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings) is a limited liability company. The Company’s business consists of owning and holding Cheniere Energy Patners, L.P. (Cheniere Partners) limited partner common units, Class B units and subordinated units (collectively, the Cheniere Partners units), along with cash or other property that it receives as distributions in respect of such units.

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