Cheniere Energy Partners LP Holdings LLC (CQH) Receives Average Rating of “Hold” from Analysts

Shares of Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN:CQH) have earned a consensus recommendation of “Hold” from the nine research firms that are currently covering the firm, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $30.90.

Several research firms recently weighed in on CQH. Zacks Investment Research upgraded Cheniere Energy Partners from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a report on Wednesday, August 8th. US Capital Advisors restated a “hold” rating on shares of Cheniere Energy Partners in a report on Tuesday, July 17th. Scotiabank set a $29.00 target price on Cheniere Energy Partners and gave the stock a “hold” rating in a report on Monday, August 20th. Finally, Royal Bank of Canada lowered Cheniere Energy Partners from an “outperform” rating to a “sector perform” rating in a report on Friday, August 10th.

A number of institutional investors and hedge funds have recently bought and sold shares of CQH. CIBC Private Wealth Group LLC lifted its holdings in shares of Cheniere Energy Partners by 30.6% during the second quarter. CIBC Private Wealth Group LLC now owns 4,249,599 shares of the energy company’s stock worth $133,650,000 after buying an additional 994,890 shares during the last quarter. Atlantic Trust Group LLC lifted its holdings in shares of Cheniere Energy Partners by 19.0% during the first quarter. Atlantic Trust Group LLC now owns 3,254,709 shares of the energy company’s stock worth $89,863,000 after buying an additional 518,646 shares during the last quarter. Kayne Anderson Capital Advisors LP lifted its holdings in shares of Cheniere Energy Partners by 50.3% during the first quarter. Kayne Anderson Capital Advisors LP now owns 1,111,210 shares of the energy company’s stock worth $30,676,000 after buying an additional 372,056 shares during the last quarter. Millennium Management LLC lifted its holdings in shares of Cheniere Energy Partners by 45.1% during the first quarter. Millennium Management LLC now owns 627,072 shares of the energy company’s stock worth $17,313,000 after buying an additional 194,945 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in shares of Cheniere Energy Partners by 0.4% during the second quarter. Victory Capital Management Inc. now owns 456,164 shares of the energy company’s stock worth $14,346,000 after buying an additional 1,665 shares during the last quarter.

Shares of NYSEAMERICAN CQH opened at $32.07 on Friday. Cheniere Energy Partners has a 52 week low of $24.03 and a 52 week high of $33.59.

Cheniere Energy Partners (NYSEAMERICAN:CQH) last posted its earnings results on Thursday, August 9th. The energy company reported $0.54 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.02). Cheniere Energy Partners had a return on equity of 150,656.80% and a net margin of 99.47%. The company had revenue of $131.93 million during the quarter, compared to analyst estimates of $136.74 million.

Cheniere Energy Partners Company Profile

Cheniere Energy Partners LP Holdings, LLC, through its interest in Cheniere Energy Partners, L.P., develops, constructs, owns, and operates liquefied natural gas (LNG) regasification facilities at the Sabine Pass LNG terminal located on the Sabine-Neches Waterway. It also owns a 94-mile pipeline, which interconnects the Sabine Pass LNG terminal with various interstate pipelines.

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Analyst Recommendations for Cheniere Energy Partners (NYSEAMERICAN:CQH)

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