California Public Employees Retirement System increased its stake in Cheniere Energy Partners LP (NYSE:CQP) by 14.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,800 shares of the company’s stock after purchasing an additional 4,200 shares during the period. California Public Employees Retirement System’s holdings in Cheniere Energy Partners were worth $1,063,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. FMR LLC raised its position in Cheniere Energy Partners by 31.0% in the 1st quarter. FMR LLC now owns 761,461 shares of the company’s stock worth $24,603,000 after purchasing an additional 180,000 shares during the last quarter. Eagle Global Advisors LLC raised its position in Cheniere Energy Partners by 4.8% in the 2nd quarter. Eagle Global Advisors LLC now owns 1,877,036 shares of the company’s stock worth $60,816,000 after purchasing an additional 86,150 shares during the last quarter. Advisors Asset Management Inc. raised its position in Cheniere Energy Partners by 24.4% in the 2nd quarter. Advisors Asset Management Inc. now owns 97,383 shares of the company’s stock worth $3,155,000 after purchasing an additional 19,096 shares during the last quarter. Jennison Associates LLC raised its position in Cheniere Energy Partners by 7.9% in the 2nd quarter. Jennison Associates LLC now owns 1,311,553 shares of the company’s stock worth $42,494,000 after purchasing an additional 96,526 shares during the last quarter. Finally, Alliancebernstein L.P. raised its position in Cheniere Energy Partners by 5.9% in the 2nd quarter. Alliancebernstein L.P. now owns 11,385 shares of the company’s stock worth $369,000 after purchasing an additional 637 shares during the last quarter.

Several analysts have commented on CQP shares. Barclays PLC cut shares of Cheniere Energy Partners from an “overweight” rating to an “equal weight” rating and set a $34.00 target price for the company. in a research report on Tuesday, July 18th. Zacks Investment Research upgraded shares of Cheniere Energy Partners from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. BMO Capital Markets started coverage on shares of Cheniere Energy Partners in a research report on Monday, September 25th. They set an “outperform” rating and a $32.00 target price for the company. Royal Bank Of Canada dropped their target price on shares of Cheniere Energy Partners from $35.00 to $32.00 and set an “outperform” rating for the company in a research report on Monday, October 16th. Finally, Scotiabank set a $34.00 target price on shares of Cheniere Energy Partners and gave the company a “hold” rating in a research report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $34.14.

Shares of Cheniere Energy Partners LP (NYSE:CQP) opened at $28.04 on Friday. Cheniere Energy Partners LP has a 1 year low of $26.41 and a 1 year high of $33.47.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 14th. Shareholders of record on Friday, November 3rd will be given a dividend of $0.44 per share. This is a boost from Cheniere Energy Partners’s previous quarterly dividend of $0.43. The ex-dividend date is Thursday, November 2nd. This represents a $1.76 annualized dividend and a dividend yield of 6.28%.

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Cheniere Energy Partners Profile

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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