Cbre Clarion Securities LLC increased its position in Cheniere Energy Partners LP (NYSE:CQP) by 23.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 83,585 shares of the company’s stock after buying an additional 15,650 shares during the quarter. Cbre Clarion Securities LLC’s holdings in Cheniere Energy Partners were worth $2,708,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Eagle Global Advisors LLC lifted its holdings in shares of Cheniere Energy Partners by 4.8% in the second quarter. Eagle Global Advisors LLC now owns 1,877,036 shares of the company’s stock valued at $60,816,000 after buying an additional 86,150 shares during the period. Jennison Associates LLC lifted its holdings in shares of Cheniere Energy Partners by 7.9% in the second quarter. Jennison Associates LLC now owns 1,311,553 shares of the company’s stock valued at $42,494,000 after buying an additional 96,526 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Cheniere Energy Partners by 2.9% in the first quarter. JPMorgan Chase & Co. now owns 1,213,168 shares of the company’s stock valued at $39,198,000 after buying an additional 34,545 shares during the period. Kayne Anderson Capital Advisors LP lifted its holdings in shares of Cheniere Energy Partners by 31.4% in the second quarter. Kayne Anderson Capital Advisors LP now owns 1,063,910 shares of the company’s stock valued at $34,460,000 after buying an additional 253,950 shares during the period. Finally, FMR LLC lifted its holdings in shares of Cheniere Energy Partners by 31.0% in the first quarter. FMR LLC now owns 761,461 shares of the company’s stock valued at $24,603,000 after buying an additional 180,000 shares during the period.

Several brokerages have recently weighed in on CQP. Barclays PLC lowered Cheniere Energy Partners from an “overweight” rating to an “equal weight” rating and set a $34.00 price objective for the company. in a report on Tuesday, July 18th. Zacks Investment Research upgraded Cheniere Energy Partners from a “sell” rating to a “hold” rating in a report on Monday, July 10th. Morgan Stanley lowered Cheniere Energy Partners from an “overweight” rating to an “equal weight” rating and set a $33.00 price objective for the company. in a report on Tuesday, June 13th. Finally, Scotiabank set a $34.00 price objective on Cheniere Energy Partners and gave the company a “hold” rating in a report on Saturday, July 22nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $35.00.

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Shares of Cheniere Energy Partners LP (NYSE:CQP) traded down 1.21% during midday trading on Friday, hitting $27.03. The stock had a trading volume of 275,460 shares. The stock has a 50 day moving average price of $27.99 and a 200-day moving average price of $30.73. Cheniere Energy Partners LP has a 52 week low of $25.97 and a 52 week high of $33.47. The stock has a market capitalization of $13.08 billion and a price-to-earnings ratio of 94.84.

Cheniere Energy Partners (NYSE:CQP) last posted its quarterly earnings results on Tuesday, August 8th. The company reported ($3.71) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($4.19). Cheniere Energy Partners had a return on equity of 39.76% and a net margin of 4.64%. The company had revenue of $992.00 million during the quarter, compared to the consensus estimate of $771.91 million. Equities research analysts anticipate that Cheniere Energy Partners LP will post $1.92 earnings per share for the current year.

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.

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

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