Cheniere Energy Partners LP (NYSEAMERICAN:CQP) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 3,334,796 shares, a decline of 1.7% from the January 15th total of 3,393,117 shares. Based on an average daily volume of 213,210 shares, the short-interest ratio is presently 15.6 days. Approximately 7.9% of the shares of the stock are short sold.

Several equities research analysts have issued reports on the company. UBS Group assumed coverage on Cheniere Energy Partners in a research note on Thursday, January 3rd. They set a “neutral” rating and a $38.00 price target for the company. Zacks Investment Research raised Cheniere Energy Partners from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a research note on Friday, November 2nd. Citigroup set a $41.00 price target on Cheniere Energy Partners and gave the stock a “buy” rating in a research note on Thursday, November 29th. Finally, Scotiabank assumed coverage on Cheniere Energy Partners in a research note on Friday, February 8th. They set a “sector perform” rating for the company. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company. Cheniere Energy Partners has a consensus rating of “Hold” and an average price target of $39.60.

Shares of CQP stock opened at $42.50 on Thursday. Cheniere Energy Partners has a 12-month low of $27.79 and a 12-month high of $42.69.

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 14th. Shareholders of record on Wednesday, February 6th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, February 5th. This represents a $2.36 annualized dividend and a yield of 5.55%. This is a positive change from Cheniere Energy Partners’s previous quarterly dividend of $0.58.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC lifted its stake in shares of Cheniere Energy Partners by 133.3% in the 4th quarter. Flagship Harbor Advisors LLC now owns 700 shares of the energy company’s stock valued at $25,000 after acquiring an additional 400 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of Cheniere Energy Partners by 264.2% in the 4th quarter. Bessemer Group Inc. now owns 1,158 shares of the energy company’s stock valued at $42,000 after acquiring an additional 840 shares during the last quarter. Capital Investment Advisory Services LLC bought a new stake in shares of Cheniere Energy Partners in the 4th quarter valued at about $49,000. We Are One Seven LLC bought a new stake in shares of Cheniere Energy Partners in the 4th quarter valued at about $90,000. Finally, IFP Advisors Inc bought a new stake in shares of Cheniere Energy Partners in the 3rd quarter valued at about $100,000.

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Cheniere Energy Partners Company 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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