8,844 Shares in Cheniere Energy Partners (NYSE:CQP) Bought by Virtu Financial LLC

Virtu Financial LLC bought a new position in Cheniere Energy Partners (NYSE:CQP - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 8,844 shares of the company's stock, valued at approximately $470,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Valley National Advisers Inc. boosted its stake in Cheniere Energy Partners by 30.1% during the fourth quarter. Valley National Advisers Inc. now owns 1,341 shares of the company's stock valued at $71,000 after buying an additional 310 shares during the period. IFP Advisors Inc boosted its position in shares of Cheniere Energy Partners by 53.7% during the 4th quarter. IFP Advisors Inc now owns 1,825 shares of the company's stock valued at $97,000 after acquiring an additional 638 shares during the last quarter. Millburn Ridgefield Corp bought a new stake in shares of Cheniere Energy Partners during the 3rd quarter valued at about $116,000. Geneos Wealth Management Inc. grew its holdings 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 worth $135,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Larson Financial Group LLC bought a new position in shares of Cheniere Energy Partners in the third quarter worth approximately $146,000. Hedge funds and other institutional investors own 46.55% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on CQP shares. Wells Fargo & Company raised their price target 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. Stifel Nicolaus cut Cheniere Energy Partners from a "hold" rating to a "sell" rating and upped their price objective for the stock from $50.00 to $51.00 in a report on Friday, February 21st. Finally, Barclays boosted their target price on Cheniere Energy Partners from $46.00 to $54.00 and gave the stock an "underweight" rating in a research report on Thursday, January 16th.

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Cheniere Energy Partners Stock Performance

Shares of CQP stock traded down $0.05 during midday trading on Friday, reaching $63.64. 77,550 shares of the stock were exchanged, compared to its average volume of 170,729. The firm has a market cap of $30.80 billion, a price-to-earnings ratio of 14.94 and a beta of 0.70. The company has a 50 day simple moving average of $62.99. Cheniere Energy Partners has a 1 year low of $45.51 and a 1 year high of $68.30.

Cheniere Energy Partners (NYSE:CQP - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $1.05 earnings per share for the quarter, missing analysts' consensus estimates of $1.07 by ($0.02). Cheniere Energy Partners had a negative return on equity of 325.95% and a net margin of 28.84%. The business had revenue of $2.46 billion during the quarter, compared to analysts' expectations of $2.37 billion. As a group, research analysts forecast that Cheniere Energy Partners will post 4.14 earnings per share for the current fiscal year.

Cheniere Energy Partners Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 10th were given a $0.775 dividend. This is a positive change from Cheniere Energy Partners's previous quarterly dividend of $0.04. The ex-dividend date was Monday, February 10th. This represents a $3.10 dividend on an annualized basis and a yield of 4.87%. Cheniere Energy Partners's payout ratio is 72.77%.

About Cheniere Energy Partners

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.