Cheniere Energy Partners, L.P. $CQP Stock Holdings Boosted by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Cheniere Energy Partners, L.P. (NYSE:CQP) by 2.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,784,925 shares of the company’s stock after purchasing an additional 68,599 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Cheniere Energy Partners were worth $149,885,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of CQP. Hussman Strategic Advisors Inc. bought a new position in Cheniere Energy Partners during the third quarter valued at about $1,130,000. Alps Advisors Inc. raised its position in Cheniere Energy Partners by 2.3% in the third quarter. Alps Advisors Inc. now owns 9,001,996 shares of the company’s stock worth $484,487,000 after acquiring an additional 206,306 shares in the last quarter. Founders Capital Management raised its position in Cheniere Energy Partners by 87.2% in the third quarter. Founders Capital Management now owns 41,737 shares of the company’s stock worth $2,246,000 after acquiring an additional 19,446 shares in the last quarter. Mediolanum International Funds Ltd lifted its holdings in Cheniere Energy Partners by 67.7% in the 2nd quarter. Mediolanum International Funds Ltd now owns 31,037 shares of the company’s stock valued at $1,740,000 after acquiring an additional 12,526 shares during the last quarter. Finally, Energy Income Partners LLC boosted its position in shares of Cheniere Energy Partners by 4.3% during the 2nd quarter. Energy Income Partners LLC now owns 1,016,265 shares of the company’s stock valued at $56,962,000 after purchasing an additional 41,707 shares in the last quarter. Institutional investors and hedge funds own 46.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on CQP shares. Weiss Ratings raised shares of Cheniere Energy Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 25th. Barclays raised their target price on shares of Cheniere Energy Partners from $55.00 to $60.00 and gave the stock an “underweight” rating in a report on Friday, February 27th. Citigroup decreased their price target on shares of Cheniere Energy Partners from $51.00 to $49.00 and set a “sell” rating on the stock in a research report on Monday, January 12th. Wells Fargo & Company dropped their price target on Cheniere Energy Partners from $56.00 to $54.00 and set an “underweight” rating on the stock in a report on Friday. Finally, Bank of America cut their price objective on Cheniere Energy Partners from $53.00 to $51.00 and set an “underperform” rating for the company in a research report on Thursday, December 11th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cheniere Energy Partners has a consensus rating of “Reduce” and an average price target of $55.57.

Cheniere Energy Partners Price Performance

NYSE CQP opened at $63.11 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.68 and a debt-to-equity ratio of 34.21. Cheniere Energy Partners, L.P. has a 1 year low of $49.53 and a 1 year high of $68.42. The company has a market cap of $30.55 billion, a PE ratio of 12.21 and a beta of 0.40. The stock’s 50-day moving average price is $58.47 and its two-hundred day moving average price is $55.09.

Cheniere Energy Partners (NYSE:CQP) last released its quarterly earnings results on Wednesday, February 25th. The company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $1.27. Cheniere Energy Partners had a net margin of 27.76% and a negative return on equity of 1,446.48%. The business had revenue of $2.91 billion for the quarter. During the same quarter in the prior year, the firm earned $1.05 EPS. The firm’s revenue was up 18.3% compared to the same quarter last year. On average, analysts predict that Cheniere Energy Partners, L.P. will post 4.14 EPS for the current year.

Cheniere Energy Partners Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Monday, February 9th were given a $0.775 dividend. This represents a $3.10 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Monday, February 9th. Cheniere Energy Partners’s dividend payout ratio (DPR) is 59.96%.

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.