Cambridge Investment Research Advisors Inc. acquired a new position in shares of Cheniere Energy Partners LP (NYSEAMERICAN:CQP) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 33,525 shares of the energy company’s stock, valued at approximately $1,406,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. First Allied Advisory Services Inc. raised its stake in shares of Cheniere Energy Partners by 1.2% during the 1st quarter. First Allied Advisory Services Inc. now owns 24,201 shares of the energy company’s stock worth $1,014,000 after acquiring an additional 282 shares in the last quarter. LPL Financial LLC raised its stake in shares of Cheniere Energy Partners by 4.4% during the 4th quarter. LPL Financial LLC now owns 8,186 shares of the energy company’s stock worth $296,000 after acquiring an additional 345 shares in the last quarter. Flagship Harbor Advisors LLC raised its stake in shares of Cheniere Energy Partners by 133.3% during the 4th quarter. Flagship Harbor Advisors LLC now owns 700 shares of the energy company’s stock worth $25,000 after acquiring an additional 400 shares in the last quarter. Bell Rock Capital LLC raised its stake in shares of Cheniere Energy Partners by 4.3% during the 1st quarter. Bell Rock Capital LLC now owns 12,200 shares of the energy company’s stock worth $512,000 after acquiring an additional 500 shares in the last quarter. Finally, Advisory Services Network LLC raised its stake in shares of Cheniere Energy Partners by 240.0% during the 4th quarter. Advisory Services Network LLC now owns 850 shares of the energy company’s stock worth $31,000 after acquiring an additional 600 shares in the last quarter.

CQP has been the topic of a number of recent analyst reports. Scotiabank initiated coverage on shares of Cheniere Energy Partners in a research note on Friday, February 8th. They set a “sector perform” rating on the stock. JPMorgan Chase & Co. lowered shares of Cheniere Energy Partners from an “overweight” rating to a “neutral” rating and upped their price target for the company from $40.00 to $44.00 in a research note on Friday, February 22nd. Evercore ISI initiated coverage on shares of Cheniere Energy Partners in a research note on Tuesday, March 12th. They set an “in-line” rating and a $40.00 price target on the stock. US Capital Advisors lowered shares of Cheniere Energy Partners from a “hold” rating to an “underweight” rating in a research note on Monday, March 18th. Finally, BMO Capital Markets lowered shares of Cheniere Energy Partners from an “outperform” rating to a “market perform” rating in a research note on Monday, March 25th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. Cheniere Energy Partners has a consensus rating of “Hold” and a consensus target price of $40.00.

CQP stock opened at $42.38 on Tuesday. Cheniere Energy Partners LP has a 12 month low of $32.55 and a 12 month high of $45.27.

Cheniere Energy Partners (NYSEAMERICAN:CQP) last released its quarterly earnings data on Thursday, May 9th. The energy company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.55 by $0.20. The business had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.58 billion.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 15th. Stockholders of record on Tuesday, May 7th were issued a $0.60 dividend. This is an increase from Cheniere Energy Partners’s previous quarterly dividend of $0.59. This represents a $2.40 annualized dividend and a dividend yield of 5.66%. The ex-dividend date was Monday, May 6th.

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About Cheniere Energy Partners

Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal located in Cameron Parish, Louisiana on the Sabine-Neches Waterway. The company's regasification facilities include infrastructure of five LNG storage tanks with capacity of approximately 16.9 billion cubic feet equivalent; two marine berths that accommodate vessels of up to 266,000 cubic meters; and vaporizers with regasification capacity of approximately 4.0 billion cubic feet per day.

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

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