Zimmer Partners LP boosted its position in Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN:CQH) by 4.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,298,227 shares of the energy company’s stock after purchasing an additional 621,253 shares during the period. Cheniere Energy Partners comprises 9.6% of Zimmer Partners LP’s investment portfolio, making the stock its biggest position. Zimmer Partners LP owned approximately 0.06% of Cheniere Energy Partners worth $395,918,000 at the end of the most recent reporting period.
A number of other institutional investors also recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new stake in shares of Cheniere Energy Partners during the third quarter worth $327,000. Cubist Systematic Strategies LLC acquired a new position in Cheniere Energy Partners in the third quarter valued at $205,000. California Public Employees Retirement System raised its position in Cheniere Energy Partners by 39.6% in the third quarter. California Public Employees Retirement System now owns 34,201 shares of the energy company’s stock valued at $858,000 after purchasing an additional 9,701 shares during the period. GSA Capital Partners LLP raised its position in Cheniere Energy Partners by 102.8% in the third quarter. GSA Capital Partners LLP now owns 16,443 shares of the energy company’s stock valued at $412,000 after purchasing an additional 8,337 shares during the period. Finally, Susquehanna International Group LLP increased its position in shares of Cheniere Energy Partners by 152.3% during the third quarter. Susquehanna International Group LLP now owns 20,227 shares of the energy company’s stock worth $507,000 after acquiring an additional 12,211 shares during the last quarter.
Shares of Cheniere Energy Partners LP Holdings LLC (NYSEAMERICAN CQH) opened at $28.97 on Wednesday. Cheniere Energy Partners LP Holdings LLC has a fifty-two week low of $22.31 and a fifty-two week high of $29.73. The stock has a market cap of $6,650.00, a PE ratio of 56.59 and a beta of 0.99.
Several equities analysts have recently issued reports on the company. Morgan Stanley boosted their price objective on Cheniere Energy Partners from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Friday, November 17th. Zacks Investment Research downgraded Cheniere Energy Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. US Capital Advisors downgraded shares of Cheniere Energy Partners from an “overweight” rating to a “hold” rating in a research note on Thursday, January 4th. Finally, Barclays set a $32.00 target price on shares of Cheniere Energy Partners and gave the company a “hold” rating in a research note on Monday, February 12th. Five analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and an average price target of $30.25.
Cheniere Energy Partners Company Profile
Cheniere Energy Partners LP Holdings, LLC (Cheniere Holdings) is a limited liability company. The Company’s business consists of owning and holding Cheniere Energy Patners, L.P. (Cheniere Partners) limited partner common units, Class B units and subordinated units (collectively, the Cheniere Partners units), along with cash or other property that it receives as distributions in respect of such units.
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