Blackstone Holdings III L.P.

stated that they own a 58.1% stake in Cheniere Energy Partners LP (NYSE:CQP) in a Form 13D/A disclosure that was filed with the Securities and Exchange Commission (SEC) on Friday, August 11th. The investor owns 202,450,687 shares of the stock worth approximately $5,771,869,086. The reporting parties listed on the disclosure included Blackstone CQP Common Holdco LP, Blackstone CQP Common Holdco GP LLC, Blackstone CQP Holdco LP, Blackstone CQP Holdco II GP LLC, Blackstone CQP FinanceCo LP, Blackstone CQP Holdco GP LLC, Blackstone Energy Management Associates LLC, Blackstone Management Associates VI LLC, Blackstone EMA LLC, Bma Vi LLC, Blackstone Holdings III LP, Blackstone Holdings III GP LP, Blackstone Holdings III GP Management LLC, GSO Credit Alpha Fund AIV2 LP, GSO CreditA Partners LP, GSO Palmetto Opportunistic Investment Partners LP, GSO Palmetto Opportunistic Associates LLC, GSO CreditA Associates LLC, GSO Credit Alpha Associates LLC, GSO Holdings I LLC, Blackstone Holdings II LP, Blackstone Holdings I/II GP Inc, The Blackstone Group LP, Blackstone Group Management LLC, Stephen A Schwarzman, Bennett J Goodman and J Albert Smith III. The disclosure is available through EDGAR at this link.

Blackstone Holdings III L.P.

provided the following explanation of their ownership:

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Several other hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC raised its stake in shares of Cheniere Energy Partners by 0.7% in the second quarter. Janney Montgomery Scott LLC now owns 9,256 shares of the company’s stock worth $300,000 after buying an additional 63 shares during the period. Advisor Group Inc. raised its stake in shares of Cheniere Energy Partners by 1.6% in the second quarter. Advisor Group Inc. now owns 9,228 shares of the company’s stock worth $299,000 after buying an additional 149 shares during the period. Global X Management Co. LLC raised its stake in shares of Cheniere Energy Partners by 3.0% in the first quarter. Global X Management Co. LLC now owns 13,864 shares of the company’s stock worth $448,000 after buying an additional 408 shares during the period. Alps Advisors Inc. raised its stake in shares of Cheniere Energy Partners by 3.3% in the second quarter. Alps Advisors Inc. now owns 17,980 shares of the company’s stock worth $583,000 after buying an additional 572 shares during the period. Finally, Alliancebernstein L.P. raised its stake in shares of Cheniere Energy Partners by 5.9% in the second quarter. Alliancebernstein L.P. now owns 11,385 shares of the company’s stock worth $369,000 after buying an additional 637 shares during the period.

Shares of Cheniere Energy Partners LP (CQP) traded up 0.78% on Friday, hitting $28.51. The stock had a trading volume of 163,700 shares. Cheniere Energy Partners LP has a one year low of $25.97 and a one year high of $33.47. The firm has a 50 day moving average price of $30.55 and a 200 day moving average price of $31.43. The company’s market capitalization is $9.63 billion.

Cheniere Energy Partners (NYSE:CQP) last issued its quarterly earnings data on Tuesday, August 8th. The company reported ($3.71) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by $4.19. The business had revenue of $992 million for the quarter, compared to analyst estimates of $771.91 million. Cheniere Energy Partners had a return on equity of 42.56% and a net margin of 5.27%. On average, equities research analysts predict that Cheniere Energy Partners LP will post $2.11 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 11th. Investors of record on Tuesday, August 1st will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 5.96%. The ex-dividend date is Friday, July 28th.

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CQP has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Cheniere Energy Partners from a “hold” rating to a “strong sell” rating in a research report on Tuesday, June 13th. Scotiabank set a $34.00 price target on Cheniere Energy Partners and gave the company a “hold” rating in a report on Saturday, July 22nd. TheStreet downgraded Cheniere Energy Partners from a “b-” rating to a “c+” rating in a report on Friday, May 5th. Guggenheim started coverage on Cheniere Energy Partners in a report on Monday, April 17th. They set a “neutral” rating and a $36.00 price target on the stock. Finally, Barclays PLC reiterated an “overweight” rating and set a $34.00 price target (up previously from $32.00) on shares of Cheniere Energy Partners in a report on Wednesday, April 19th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $35.00.

About Cheniere Energy Partners

Cheniere Energy Partners, L.P. (Cheniere Partners) is a limited partnership formed by Cheniere Energy, Inc (Cheniere). The Company operates through liquefaction and regasification operations at the Sabine Pass LNG terminal segment. Through its subsidiary, Sabine Pass Liquefaction, LLC (SPL), it is developing, constructing and operating natural gas liquefaction facilities (the Liquefaction Project) at the Sabine Pass LNG terminal located in Cameron Parish, Louisiana, on the Sabine-Neches Waterway less than four miles from the Gulf Coast.

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Institutional Ownership by Quarter for Cheniere Energy Partners (NYSE:CQP)

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