U.S. Capital Wealth Advisors LLC Has $1.07 Million Stock Position in Cheniere Energy Partners (NYSE:CQP)

U.S. Capital Wealth Advisors LLC grew its position in Cheniere Energy Partners (NYSE:CQP - Free Report) by 48.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,148 shares of the company's stock after purchasing an additional 6,541 shares during the period. U.S. Capital Wealth Advisors LLC's holdings in Cheniere Energy Partners were worth $1,070,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Millburn Ridgefield Corp acquired a new position in Cheniere Energy Partners during the 3rd quarter valued at about $116,000. Geneos Wealth Management Inc. increased its stake in shares of Cheniere Energy Partners by 64.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,550 shares of the company's stock valued at $135,000 after acquiring an additional 1,000 shares during the period. Larson Financial Group LLC bought a new stake in Cheniere Energy Partners during the third quarter worth approximately $146,000. Charles Schwab Trust Co bought a new stake in Cheniere Energy Partners during the fourth quarter worth approximately $212,000. Finally, BIP Wealth LLC acquired a new stake in Cheniere Energy Partners in the third quarter worth approximately $244,000. Institutional investors own 46.55% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Wells Fargo & Company increased their price objective on Cheniere Energy Partners from $49.00 to $55.00 and gave the company an "underweight" rating in a research report on Wednesday, December 18th. Bank of America started coverage on shares of Cheniere Energy Partners in a report on Thursday, October 17th. They set an "underperform" rating and a $46.00 price target on the stock. Finally, Barclays increased their price objective on Cheniere Energy Partners from $46.00 to $54.00 and gave the stock an "underweight" rating in a report on Thursday, January 16th.

Cheniere Energy Partners Stock Performance

Cheniere Energy Partners stock traded down $0.67 on Friday, reaching $61.97. The company's stock had a trading volume of 320,424 shares, compared to its average volume of 290,600. Cheniere Energy Partners has a twelve month low of $45.51 and a twelve month high of $66.47. The stock has a market capitalization of $30.00 billion, a P/E ratio of 13.39 and a beta of 0.76. The company's fifty day moving average is $57.94.

Cheniere Energy Partners Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 10th will be given a $0.775 dividend. This is a positive change from Cheniere Energy Partners's previous quarterly dividend of $0.04. This represents a $3.10 annualized dividend and a dividend yield of 5.00%. The ex-dividend date of this dividend is Monday, February 10th. Cheniere Energy Partners's dividend payout ratio (DPR) is currently 66.95%.

Cheniere Energy Partners Company Profile

Cheniere Energy Partners, L.P., through its subsidiaries, provides liquefied natural gas (LNG) to integrated energy companies, utilities, and energy trading companies worldwide. The company owns and operates natural gas liquefaction and export facility at the Sabine Pass LNG Terminal located in Cameron Parish, Louisiana.