Barclays set a $32.00 price target on Cheniere Energy Partners (NYSEAMERICAN:CQH) in a research report sent to investors on Monday, February 12th. The brokerage currently has a hold rating on the energy company’s stock.
A number of other analysts have also recently weighed in on CQH. Morgan Stanley upped their target price on shares of Cheniere Energy Partners from $23.00 to $26.00 and gave the company an equal weight rating in a research note on Monday, February 12th. BidaskClub raised shares of Cheniere Energy Partners from a sell rating to a hold rating in a research note on Tuesday, November 7th. US Capital Advisors lowered shares of Cheniere Energy Partners from an overweight rating to a hold rating in a research report on Thursday, January 4th. Finally, Zacks Investment Research lowered shares of Cheniere Energy Partners from a hold rating to a sell rating in a research report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The company has a consensus rating of Hold and a consensus target price of $29.00.
Shares of Cheniere Energy Partners (NYSEAMERICAN CQH) opened at $27.71 on Monday. Cheniere Energy Partners has a 52 week low of $22.31 and a 52 week high of $29.73. The stock has a market cap of $6,420.00, a price-to-earnings ratio of 346.38 and a beta of 0.99.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Friday, February 16th will be paid a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 7.36%. The ex-dividend date of this dividend is Thursday, February 15th. This is an increase from Cheniere Energy Partners’s previous quarterly dividend of $0.45. Cheniere Energy Partners’s dividend payout ratio is presently 2,550.00%.
Large investors have recently modified their holdings of the business. GSA Capital Partners LLP grew its position in Cheniere Energy Partners by 102.8% in the third quarter. GSA Capital Partners LLP now owns 16,443 shares of the energy company’s stock valued at $412,000 after purchasing an additional 8,337 shares in the last quarter. Atlantic Trust Group LLC grew its position in Cheniere Energy Partners by 9.1% in the third quarter. Atlantic Trust Group LLC now owns 2,110,957 shares of the energy company’s stock valued at $52,943,000 after purchasing an additional 175,993 shares in the last quarter. Jane Street Group LLC bought a new position in Cheniere Energy Partners in the third quarter valued at $327,000. Susquehanna International Group LLP grew its position in Cheniere Energy Partners by 152.3% in the third quarter. Susquehanna International Group LLP now owns 20,227 shares of the energy company’s stock valued at $507,000 after purchasing an additional 12,211 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in Cheniere Energy Partners by 12.6% in the fourth quarter. Victory Capital Management Inc. now owns 94,157 shares of the energy company’s stock valued at $2,607,000 after purchasing an additional 10,563 shares in the last quarter.
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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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