XTX Topco Ltd Invests $775,000 in Cheniere Energy Partners (NYSE:CQP)

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

Several other hedge funds and other institutional investors have also recently bought and sold shares of CQP. Avantax Advisory Services Inc. lifted its stake in shares of Cheniere Energy Partners by 2.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 7,438 shares of the company’s stock worth $395,000 after purchasing an additional 162 shares during the period. Commonwealth Equity Services LLC lifted its position in Cheniere Energy Partners by 1.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 20,812 shares of the company’s stock worth $1,106,000 after buying an additional 200 shares during the period. Sigma Planning Corp boosted its stake in Cheniere Energy Partners by 4.9% in the 4th quarter. Sigma Planning Corp now owns 5,161 shares of the company’s stock worth $274,000 after buying an additional 243 shares during the last quarter. Powell Investment Advisors LLC grew its holdings in Cheniere Energy Partners by 1.6% in the 4th quarter. Powell Investment Advisors LLC now owns 16,820 shares of the company’s stock valued at $893,000 after buying an additional 258 shares during the period. Finally, Valley National Advisers Inc. increased its stake in shares of Cheniere Energy Partners by 30.1% during the 4th quarter. Valley National Advisers Inc. now owns 1,341 shares of the company’s stock valued at $71,000 after acquiring an additional 310 shares during the last quarter. 46.55% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CQP has been the subject of a number of recent analyst reports. Stifel Nicolaus downgraded shares of Cheniere Energy Partners from a “hold” rating to a “sell” rating and boosted their target price for the company from $50.00 to $51.00 in a report on Friday, February 21st. Barclays boosted their price objective on shares of Cheniere Energy Partners from $46.00 to $54.00 and gave the company an “underweight” rating in a research note on Thursday, January 16th.

Cheniere Energy Partners Stock Performance

CQP opened at $61.19 on Friday. The firm has a market cap of $29.62 billion, a P/E ratio of 14.36 and a beta of 0.57. Cheniere Energy Partners has a 1 year low of $46.69 and a 1 year high of $68.42. The business’s 50 day simple moving average is $62.44.

Cheniere Energy Partners (NYSE:CQP) last issued its earnings results on Thursday, February 20th. The company reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). Cheniere Energy Partners had a net margin of 28.84% and a negative return on equity of 325.95%. The business had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.37 billion. On average, analysts expect that Cheniere Energy Partners will post 4.14 EPS for the current year.

Cheniere Energy Partners Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 10th were given a $0.775 dividend. This is an increase from Cheniere Energy Partners’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Monday, February 10th. This represents a $3.10 annualized dividend and a dividend yield of 5.07%. Cheniere Energy Partners’s dividend payout ratio is presently 72.77%.

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.