Fmr LLC decreased its holdings in Cheniere Energy Partners LP (NYSE:CQP) by 99.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,600 shares of the company’s stock after selling 754,861 shares during the period. Fmr LLC’s holdings in Cheniere Energy Partners were worth $214,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of the business. Janney Montgomery Scott LLC grew its stake in shares of Cheniere Energy Partners by 0.7% in the second quarter. Janney Montgomery Scott LLC now owns 9,256 shares of the company’s stock worth $300,000 after acquiring an additional 63 shares in the last quarter. Alps Advisors Inc. grew its stake in shares of Cheniere Energy Partners by 3.3% in the second quarter. Alps Advisors Inc. now owns 17,980 shares of the company’s stock worth $583,000 after acquiring an additional 572 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of Cheniere Energy Partners by 5.9% in the second quarter. Alliancebernstein L.P. now owns 11,385 shares of the company’s stock worth $369,000 after acquiring an additional 637 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Cheniere Energy Partners by 6.5% in the first quarter. Ameriprise Financial Inc. now owns 15,970 shares of the company’s stock worth $516,000 after acquiring an additional 975 shares in the last quarter. Finally, Stephens Inc. AR grew its stake in shares of Cheniere Energy Partners by 6.1% during the second quarter. Stephens Inc. AR now owns 18,081 shares of the company’s stock worth $586,000 after purchasing an additional 1,046 shares in the last quarter.

A number of brokerages recently commented on CQP. Barclays PLC downgraded 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 note on Tuesday, July 18th. BMO Capital Markets began coverage on shares of Cheniere Energy Partners in a research note on Monday, September 25th. They set an “outperform” rating and a $32.00 target price for the company. Zacks Investment Research upgraded shares of Cheniere Energy Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Royal Bank Of Canada lowered 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 note on Monday, October 16th. Finally, Scotiabank set a $34.00 target price on shares of Cheniere Energy Partners and gave the stock a “hold” rating in a research note on Saturday, July 22nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. Cheniere Energy Partners presently has a consensus rating of “Hold” and an average price target of $34.14.

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Cheniere Energy Partners LP (NYSE CQP) opened at $28.04 on Monday. Cheniere Energy Partners LP has a 12 month low of $26.41 and a 12 month high of $33.47.

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

About Cheniere Energy Partners

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.

Institutional Ownership by Quarter for Cheniere Energy Partners (NYSE:CQP)

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