Fairview Capital Investment Management LLC boosted its position in shares of Cheniere Energy Partners LP (NYSEAMERICAN:CQP) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 880,236 shares of the energy company’s stock after purchasing an additional 4,099 shares during the quarter. Cheniere Energy Partners comprises about 1.9% of Fairview Capital Investment Management LLC’s portfolio, making the stock its 21st biggest position. Fairview Capital Investment Management LLC’s holdings in Cheniere Energy Partners were worth $31,776,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new position in shares of Cheniere Energy Partners in the 3rd quarter valued at $509,000. Wells Fargo & Company MN increased its holdings in shares of Cheniere Energy Partners by 16.5% in the 3rd quarter. Wells Fargo & Company MN now owns 103,382 shares of the energy company’s stock valued at $4,079,000 after acquiring an additional 14,607 shares during the period. SG Americas Securities LLC purchased a new position in shares of Cheniere Energy Partners in the 3rd quarter valued at $1,424,000. Virtu Financial LLC increased its holdings in shares of Cheniere Energy Partners by 105.1% in the 3rd quarter. Virtu Financial LLC now owns 35,272 shares of the energy company’s stock valued at $1,392,000 after acquiring an additional 18,073 shares during the period. Finally, BP Capital Fund Advisors LLC increased its holdings in shares of Cheniere Energy Partners by 18.2% in the 3rd quarter. BP Capital Fund Advisors LLC now owns 57,138 shares of the energy company’s stock valued at $2,216,000 after acquiring an additional 8,795 shares during the period.

Cheniere Energy Partners stock opened at $42.42 on Thursday. Cheniere Energy Partners LP has a 1-year low of $28.16 and a 1-year high of $45.27.

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

A number of brokerages have recently issued reports on CQP. US Capital Advisors downgraded Cheniere Energy Partners from a “hold” rating to an “underweight” rating in a report on Monday, March 18th. BMO Capital Markets downgraded Cheniere Energy Partners from an “outperform” rating to a “market perform” rating in a report on Monday. Scotiabank assumed coverage on Cheniere Energy Partners in a research report on Friday, February 8th. They issued a “sector perform” rating for the company. Citigroup set a $41.00 price objective on Cheniere Energy Partners and gave the stock a “buy” rating in a research report on Thursday, November 29th. Finally, JPMorgan Chase & Co. cut Cheniere Energy Partners from an “overweight” rating to a “neutral” rating and raised their price objective for the stock from $40.00 to $44.00 in a research report on Friday, February 22nd. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $40.00.

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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 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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