Bessemer Group Inc. lifted its holdings in shares of Cheniere Energy Partners LP (NYSEAMERICAN:CQP) by 264.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,158 shares of the energy company’s stock after buying an additional 840 shares during the quarter. Bessemer Group Inc.’s holdings in Cheniere Energy Partners were worth $42,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CQP. Flagship Harbor Advisors LLC increased its holdings in 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 during the period. Capital Investment Advisory Services LLC bought a new stake in Cheniere Energy Partners during the 4th quarter worth approximately $49,000. We Are One Seven LLC bought a new stake in Cheniere Energy Partners during the 4th quarter worth approximately $90,000. Captrust Financial Advisors bought a new stake in Cheniere Energy Partners during the 3rd quarter worth approximately $182,000. Finally, Private Advisor Group LLC bought a new stake in Cheniere Energy Partners during the 4th quarter worth approximately $208,000.

Shares of NYSEAMERICAN:CQP opened at $42.64 on Wednesday. Cheniere Energy Partners LP has a one year low of $28.12 and a one year high of $45.27.

Cheniere Energy Partners (NYSEAMERICAN:CQP) last issued its quarterly earnings results on Tuesday, February 26th. The energy company reported $0.69 EPS for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.13. The company had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.67 billion.

A number of analysts recently weighed in on the stock. US Capital Advisors lowered shares of Cheniere Energy Partners from a “hold” rating to an “underweight” rating in a report on Monday, March 18th. BMO Capital Markets lowered shares of Cheniere Energy Partners from an “outperform” rating to a “market perform” rating in a report on Monday. Evercore ISI started coverage on shares of Cheniere Energy Partners in a report on Tuesday, March 12th. They issued an “in-line” rating and a $40.00 price target on the stock. Scotiabank started coverage on shares of Cheniere Energy Partners in a report on Friday, February 8th. They issued a “sector perform” rating on the stock. Finally, JPMorgan Chase & Co. lowered shares of Cheniere Energy Partners from an “overweight” rating to a “neutral” rating and increased their price target for the stock from $40.00 to $44.00 in a report on Friday, February 22nd. Two equities research 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’s stock. Cheniere Energy Partners has a consensus rating of “Hold” and a consensus target price of $40.00.

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Cheniere Energy Partners Profile

Cheniere Energy Partners, L.P., through its subsidiaries, owns and operates regasification facilities at the Sabine Pass liquefied natural gas (LNG) terminal located 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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