Cheniere Energy Partners, L.P. $CQP Shares Acquired by Infrastructure Capital Advisors LLC

Infrastructure Capital Advisors LLC increased its holdings in Cheniere Energy Partners, L.P. (NYSE:CQP) by 43.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,611 shares of the company’s stock after buying an additional 68,436 shares during the quarter. Cheniere Energy Partners comprises 1.0% of Infrastructure Capital Advisors LLC’s portfolio, making the stock its 21st largest holding. Infrastructure Capital Advisors LLC’s holdings in Cheniere Energy Partners were worth $14,646,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in CQP. Hussman Strategic Advisors Inc. boosted its position in Cheniere Energy Partners by 100.0% during the 4th quarter. Hussman Strategic Advisors Inc. now owns 42,000 shares of the company’s stock worth $2,246,000 after acquiring an additional 21,000 shares during the period. Exchange Traded Concepts LLC grew its stake in shares of Cheniere Energy Partners by 103.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 76,218 shares of the company’s stock worth $4,076,000 after purchasing an additional 38,784 shares in the last quarter. Alps Advisors Inc. increased its holdings in shares of Cheniere Energy Partners by 3.7% during the fourth quarter. Alps Advisors Inc. now owns 9,338,942 shares of the company’s stock valued at $499,447,000 after purchasing an additional 336,946 shares during the period. UBS Group AG increased its holdings in shares of Cheniere Energy Partners by 5.2% during the fourth quarter. UBS Group AG now owns 594,594 shares of the company’s stock valued at $31,799,000 after purchasing an additional 29,517 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Cheniere Energy Partners by 52,982.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 252,673 shares of the company’s stock valued at $13,513,000 after purchasing an additional 252,197 shares in the last quarter. Institutional investors own 46.55% of the company’s stock.

Cheniere Energy Partners Stock Down 4.2%

Shares of CQP stock opened at $62.88 on Tuesday. Cheniere Energy Partners, L.P. has a 1 year low of $49.53 and a 1 year high of $70.64. The company has a debt-to-equity ratio of 161.69, a quick ratio of 0.37 and a current ratio of 0.42. The business’s fifty day moving average is $62.50 and its 200-day moving average is $61.69. The stock has a market cap of $30.44 billion, a PE ratio of 14.69 and a beta of 0.31.

Cheniere Energy Partners (NYSE:CQP) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $1.22 by ($1.03). Cheniere Energy Partners had a net margin of 22.27% and a negative return on equity of 4,929.80%. The firm had revenue of $3.60 billion during the quarter. During the same period last year, the business posted $1.08 EPS. The firm’s revenue for the quarter was up 20.4% on a year-over-year basis. Equities analysts expect that Cheniere Energy Partners, L.P. will post 4.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CQP has been the subject of several research analyst reports. Weiss Ratings raised shares of Cheniere Energy Partners from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 20th. Citigroup raised their target price on shares of Cheniere Energy Partners from $49.00 to $55.00 and gave the company a “sell” rating in a research note on Thursday, April 2nd. Barclays boosted their price target on shares of Cheniere Energy Partners from $60.00 to $63.00 and gave the stock an “underweight” rating in a research report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Cheniere Energy Partners from $63.00 to $64.00 and gave the company an “underweight” rating in a report on Friday. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $61.00.

About Cheniere Energy Partners

Cheniere Energy Partners, L.P. (NYSE: CQP) is a publicly traded master limited partnership that owns and operates liquefied natural gas (LNG) infrastructure in the United States. The partnership’s business centers on the development, ownership and operation of LNG facilities and associated pipeline assets that enable the liquefaction, storage and delivery of natural gas for export and domestic use. CQP’s assets are focused on large-scale midstream energy infrastructure intended to serve global natural gas markets.

The company’s core activities include LNG liquefaction and storage, terminal services, and pipeline transportation.