Short Interest in Cheniere Energy Partners (NYSEAMERICAN:CQH) Decreases By 12.5%

Cheniere Energy Partners (NYSEAMERICAN:CQH) was the recipient of a large drop in short interest in March. As of March 29th, there was short interest totalling 692,004 shares, a drop of 12.5% from the March 15th total of 790,415 shares. Based on an average daily volume of 205,534 shares, the days-to-cover ratio is presently 3.4 days. Currently, 1.8% of the shares of the stock are sold short.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. California Public Employees Retirement System grew its holdings in Cheniere Energy Partners by 8.1% in the 4th quarter. California Public Employees Retirement System now owns 36,960 shares of the energy company’s stock valued at $1,023,000 after buying an additional 2,759 shares during the period. Old Mutual Global Investors UK Ltd. grew its holdings in Cheniere Energy Partners by 11.5% in the 4th quarter. Old Mutual Global Investors UK Ltd. now owns 50,521 shares of the energy company’s stock valued at $1,398,000 after buying an additional 5,208 shares during the period. Cubist Systematic Strategies LLC purchased a new stake in Cheniere Energy Partners in the 3rd quarter valued at about $205,000. GSA Capital Partners LLP grew its holdings in Cheniere Energy Partners by 102.8% in the 3rd quarter. GSA Capital Partners LLP now owns 16,443 shares of the energy company’s stock valued at $412,000 after buying an additional 8,337 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in Cheniere Energy Partners by 12.6% in the 4th quarter. Victory Capital Management Inc. now owns 94,157 shares of the energy company’s stock valued at $2,607,000 after buying an additional 10,563 shares during the period.

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A number of analysts recently commented on the company. Zacks Investment Research upgraded Cheniere Energy Partners from a “sell” rating to a “hold” rating in a research report on Thursday, February 22nd. Morgan Stanley lifted their price objective on Cheniere Energy Partners from $23.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Monday, February 12th. Barclays set a $32.00 price objective on Cheniere Energy Partners and gave the stock a “hold” rating in a research report on Monday, February 12th. US Capital Advisors cut Cheniere Energy Partners from an “overweight” rating to a “hold” rating in a research report on Thursday, January 4th. Finally, Citigroup lifted their price objective on Cheniere Energy Partners from $31.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, March 27th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Cheniere Energy Partners currently has a consensus rating of “Hold” and an average price target of $30.83.

CQH opened at $28.06 on Thursday. Cheniere Energy Partners has a 12 month low of $24.03 and a 12 month high of $29.73.

Cheniere Energy Partners (NYSEAMERICAN:CQH) last posted its quarterly earnings results on Wednesday, February 21st. The energy company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.47 by ($0.02). The business had revenue of $105.54 million during the quarter, compared to analysts’ expectations of $119.95 million. Cheniere Energy Partners had a net margin of 99.47% and a return on equity of 150,656.80%.

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About Cheniere Energy Partners

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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