Cheniere Energy Partners (NYSE:CQP) Shares Acquired by Invesco Ltd.

Invesco Ltd. boosted its stake in shares of Cheniere Energy Partners (NYSE:CQP - Free Report) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 269,671 shares of the company's stock after buying an additional 4,383 shares during the quarter. Invesco Ltd. owned 0.06% of Cheniere Energy Partners worth $14,325,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in CQP. JPMorgan Chase & Co. raised its position in Cheniere Energy Partners by 21.9% during the third quarter. JPMorgan Chase & Co. now owns 764,858 shares of the company's stock worth $37,264,000 after acquiring an additional 137,477 shares during the last quarter. Mediolanum International Funds Ltd raised its position in shares of Cheniere Energy Partners by 59.4% during the 4th quarter. Mediolanum International Funds Ltd now owns 96,491 shares of the company's stock worth $5,126,000 after purchasing an additional 35,954 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Cheniere Energy Partners in the 4th quarter valued at approximately $1,365,000. MorganRosel Wealth Management LLC purchased a new stake in Cheniere Energy Partners in the 4th quarter valued at approximately $876,000. Finally, LPL Financial LLC grew its holdings in Cheniere Energy Partners by 18.0% during the 4th quarter. LPL Financial LLC now owns 84,086 shares of the company's stock valued at $4,467,000 after buying an additional 12,840 shares during the last quarter. 46.55% of the stock is owned by hedge funds and other institutional investors.

Cheniere Energy Partners Stock Performance

Shares of Cheniere Energy Partners stock traded up $0.60 during trading on Friday, reaching $59.81. The company had a trading volume of 168,806 shares, compared to its average volume of 166,785. Cheniere Energy Partners has a fifty-two week low of $46.71 and a fifty-two week high of $68.42. The firm's fifty day simple moving average is $62.10. The firm has a market capitalization of $28.95 billion, a P/E ratio of 14.04 and a beta of 0.57.

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). The business had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.37 billion. Cheniere Energy Partners had a net margin of 28.84% and a negative return on equity of 325.95%. On average, equities analysts forecast that Cheniere Energy Partners will post 4.14 EPS for the current fiscal year.

Cheniere Energy Partners Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 10th were issued a dividend of $0.775 per share. This is an increase from Cheniere Energy Partners's previous quarterly dividend of $0.04. The ex-dividend date was Monday, February 10th. This represents a $3.10 annualized dividend and a dividend yield of 5.18%. Cheniere Energy Partners's payout ratio is 72.77%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on CQP shares. Barclays upped their price objective on Cheniere Energy Partners from $46.00 to $54.00 and gave the company an "underweight" rating in a research report on Thursday, January 16th. Stifel Nicolaus lowered Cheniere Energy Partners from a "hold" rating to a "sell" rating and upped their target price for the company from $50.00 to $51.00 in a research note on Friday, February 21st.

Cheniere Energy Partners 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.