Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN:CQH) was the target of a significant decline in short interest in December. As of December 29th, there was short interest totalling 984,082 shares, a decline of 2.9% from the December 15th total of 1,013,246 shares. Currently, 2.5% of the company’s stock are sold short. Based on an average daily trading volume, of 165,185 shares, the days-to-cover ratio is presently 6.0 days.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in shares of Cheniere Energy Partners in the 3rd quarter valued at $327,000. Cubist Systematic Strategies LLC acquired a new stake in Cheniere Energy Partners during the 3rd quarter worth $205,000. California Public Employees Retirement System raised its stake in Cheniere Energy Partners by 39.6% during the 3rd quarter. California Public Employees Retirement System now owns 34,201 shares of the energy company’s stock worth $858,000 after buying an additional 9,701 shares during the period. GSA Capital Partners LLP raised its stake in Cheniere Energy Partners by 102.8% during the 3rd quarter. GSA Capital Partners LLP now owns 16,443 shares of the energy company’s stock worth $412,000 after buying an additional 8,337 shares during the period. Finally, Susquehanna International Group LLP raised its stake in Cheniere Energy Partners by 152.3% during the 3rd quarter. Susquehanna International Group LLP now owns 20,227 shares of the energy company’s stock worth $507,000 after buying an additional 12,211 shares during the period.
A number of research analysts have commented on CQH shares. BidaskClub upgraded Cheniere Energy Partners from a “strong sell” rating to a “sell” rating in a research note on Friday, October 13th. Morgan Stanley upped their price target on Cheniere Energy Partners from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Friday, November 17th. Zacks Investment Research downgraded Cheniere Energy Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Finally, US Capital Advisors downgraded Cheniere Energy Partners from an “overweight” rating to a “hold” rating in a research note on Thursday, January 4th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $26.00.
Cheniere Energy Partners (NYSEAMERICAN CQH) traded down $0.38 during trading on Friday, reaching $28.78. The company’s stock had a trading volume of 155,156 shares, compared to its average volume of 146,604. The firm has a market cap of $6,670.00, a PE ratio of 359.75 and a beta of 0.99. Cheniere Energy Partners has a 12-month low of $22.31 and a 12-month high of $29.73.
Cheniere Energy Partners (NYSEAMERICAN:CQH) last released its quarterly earnings data on Tuesday, November 14th. The energy company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.31). The firm had revenue of $5.08 million during the quarter, compared to the consensus estimate of $104.60 million.
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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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