XTX Topco Ltd Buys Shares of 14,589 Cheniere Energy Partners (NYSE:CQP)

XTX Topco Ltd acquired a new position in shares of Cheniere Energy Partners (NYSE:CQP - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,589 shares of the company's stock, valued at approximately $775,000.

Other hedge funds have also made changes to their positions in the company. Mariner LLC boosted its holdings in Cheniere Energy Partners by 62.7% in the fourth quarter. Mariner LLC now owns 32,997 shares of the company's stock valued at $1,753,000 after acquiring an additional 12,711 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Cheniere Energy Partners in the fourth quarter valued at $1,365,000. Texas Yale Capital Corp. boosted its holdings in Cheniere Energy Partners by 1.4% in the fourth quarter. Texas Yale Capital Corp. now owns 49,835 shares of the company's stock valued at $2,647,000 after acquiring an additional 700 shares during the last quarter. Invesco Ltd. boosted its holdings in Cheniere Energy Partners by 1.7% in the fourth quarter. Invesco Ltd. now owns 269,671 shares of the company's stock valued at $14,325,000 after acquiring an additional 4,383 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Cheniere Energy Partners by 3.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 13,457 shares of the company's stock valued at $715,000 after acquiring an additional 511 shares during the last quarter. Institutional investors and hedge funds own 46.55% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Stifel Nicolaus cut Cheniere Energy Partners from a "hold" rating to a "sell" rating and lifted their target price for the company from $50.00 to $51.00 in a report on Friday, February 21st. Barclays lifted their target price on Cheniere Energy Partners from $46.00 to $54.00 and gave the company an "underweight" rating in a report on Thursday, January 16th.

Cheniere Energy Partners Trading Down 0.2 %

Cheniere Energy Partners stock traded down $0.12 during midday trading on Wednesday, hitting $58.77. 25,493 shares of the company were exchanged, compared to its average volume of 167,049. The stock has a fifty day simple moving average of $62.25. The company has a market cap of $28.45 billion, a P/E ratio of 13.80 and a beta of 0.57. Cheniere Energy Partners has a fifty-two week low of $46.71 and a fifty-two week high of $68.42.

Cheniere Energy Partners (NYSE:CQP - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.02). The company had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.37 billion. Cheniere Energy Partners had a negative return on equity of 325.95% and a net margin of 28.84%. On average, sell-side analysts predict that Cheniere Energy Partners will post 4.14 earnings per share for the current fiscal year.

Cheniere Energy Partners Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 10th were given a dividend of $0.775 per share. The ex-dividend date of this dividend was Monday, February 10th. 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 yield of 5.27%. 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.