Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN:CQH) saw a significant decrease in short interest in January. As of January 31st, there was short interest totalling 709,917 shares, a decrease of 26.0% from the January 12th total of 958,899 shares. Approximately 1.8% of the shares of the stock are short sold. Based on an average daily volume of 184,986 shares, the days-to-cover ratio is currently 3.8 days.
CQH has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded Cheniere Energy Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. Morgan Stanley increased their price target on Cheniere Energy Partners from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Friday, November 17th. US Capital Advisors downgraded Cheniere Energy Partners from an “overweight” rating to a “hold” rating in a research report on Thursday, January 4th. Finally, BidaskClub upgraded Cheniere Energy Partners from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $26.00.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in CQH. Jane Street Group LLC purchased a new position in shares of Cheniere Energy Partners in the third quarter valued at approximately $327,000. Cubist Systematic Strategies LLC purchased a new position in shares of Cheniere Energy Partners in the third quarter valued at approximately $205,000. California Public Employees Retirement System lifted its position in Cheniere Energy Partners by 39.6% during the third quarter. California Public Employees Retirement System now owns 34,201 shares of the energy company’s stock worth $858,000 after buying an additional 9,701 shares in the last quarter. GSA Capital Partners LLP lifted its position in Cheniere Energy Partners by 102.8% during the third quarter. GSA Capital Partners LLP now owns 16,443 shares of the energy company’s stock worth $412,000 after buying an additional 8,337 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its position in Cheniere Energy Partners by 152.3% during the third quarter. Susquehanna International Group LLP now owns 20,227 shares of the energy company’s stock worth $507,000 after buying an additional 12,211 shares in the last quarter.
Cheniere Energy Partners (NYSEAMERICAN:CQH) last released its earnings results on Tuesday, November 14th. The energy company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.31). The firm had revenue of $5.08 million during the quarter, compared to analyst estimates of $104.60 million.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Friday, February 16th will be given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 7.22%. The ex-dividend date is Thursday, February 15th. This is an increase from Cheniere Energy Partners’s previous quarterly dividend of $0.45. Cheniere Energy Partners’s dividend payout ratio (DPR) is 2,250.00%.
Cheniere Energy Partners Company Profile
Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings) is a limited liability company. The Company’s business consists of owning and holding Cheniere Energy Patners, L.P. (Cheniere Partners) limited partner common units, Class B units and subordinated units (collectively, the Cheniere Partners units), along with cash or other property that it receives as distributions in respect of such units.
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