Cheniere Energy Partners (NYSEAMERICAN:CQH) had its target price upped by equities researchers at Morgan Stanley from $23.00 to $26.00 in a note issued to investors on Monday. The firm presently has an “equal weight” rating on the energy company’s stock. Morgan Stanley’s price objective would suggest a potential downside of 9.19% from the stock’s current price.
A number of other analysts also recently weighed in on CQH. Zacks Investment Research downgraded Cheniere Energy Partners from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. US Capital Advisors downgraded Cheniere Energy Partners from an “overweight” rating to a “hold” rating in a research note on Thursday, January 4th. Finally, BidaskClub upgraded Cheniere Energy Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $29.00.
Shares of Cheniere Energy Partners (CQH) traded up $0.37 during mid-day trading on Monday, hitting $28.63. The company’s stock had a trading volume of 115,827 shares, compared to its average volume of 133,060. Cheniere Energy Partners has a one year low of $22.31 and a one year high of $29.73. The stock has a market cap of $6,530.00, a P/E ratio of 359.25 and a beta of 0.99.
A number of institutional investors and hedge funds have recently bought and sold shares of CQH. Cubist Systematic Strategies LLC purchased a new stake in Cheniere Energy Partners during the third quarter worth $205,000. Jane Street Group LLC purchased a new stake in Cheniere Energy Partners during the third quarter worth $327,000. GSA Capital Partners LLP boosted 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 purchasing an additional 8,337 shares in the last quarter. Virtu Financial LLC purchased a new stake in Cheniere Energy Partners during the fourth quarter worth $420,000. Finally, Susquehanna International Group LLP boosted 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 purchasing an additional 12,211 shares in the last quarter.
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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