Cheniere Energy Partners, L.P. Declares Quarterly Dividend of $0.78 (NYSE:CQP)

Cheniere Energy Partners, L.P. (NYSE:CQP) declared a quarterly dividend on Wednesday, January 28th. Investors of record on Monday, February 9th will be given a dividend of 0.775 per share on Friday, February 13th. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date is Monday, February 9th.

Cheniere Energy Partners has raised its dividend by an average of 0.1%annually over the last three years.

Cheniere Energy Partners Stock Up 0.1%

NYSE:CQP traded up $0.07 on Thursday, reaching $57.27. The company’s stock had a trading volume of 21,082 shares, compared to its average volume of 73,231. The firm has a market cap of $27.72 billion, a price-to-earnings ratio of 14.91 and a beta of 0.40. The stock has a 50 day moving average price of $54.37 and a 200 day moving average price of $53.86. Cheniere Energy Partners has a 12-month low of $49.53 and a 12-month high of $68.42.

Cheniere Energy Partners (NYSE:CQP) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.01 by ($0.21). The firm had revenue of $2.40 billion for the quarter. Cheniere Energy Partners had a negative return on equity of 591.00% and a net margin of 22.54%.The firm’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.08 earnings per share. Equities research analysts expect that Cheniere Energy Partners will post 4.14 EPS for the current fiscal year.

Institutional Trading of Cheniere Energy Partners

Several hedge funds have recently made changes to their positions in CQP. Alps Advisors Inc. raised its position in shares of Cheniere Energy Partners by 2.3% during the 3rd quarter. Alps Advisors Inc. now owns 9,001,996 shares of the company’s stock valued at $484,487,000 after buying an additional 206,306 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in shares of Cheniere Energy Partners during the 3rd quarter worth $7,357,000. CIBC Private Wealth Group LLC bought a new stake in shares of Cheniere Energy Partners during the 3rd quarter valued at $7,304,000. HRT Financial LP increased its stake in shares of Cheniere Energy Partners by 1,689.3% in the 2nd quarter. HRT Financial LP now owns 88,139 shares of the company’s stock worth $4,940,000 after purchasing an additional 83,213 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Cheniere Energy Partners by 2.5% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,784,925 shares of the company’s stock worth $149,885,000 after purchasing an additional 68,599 shares during the period. 46.55% of the stock is currently owned by institutional investors.

About Cheniere Energy Partners

Cheniere Energy Partners, L.P. (NYSE: CQP) is a publicly traded master limited partnership that owns and operates liquefied natural gas (LNG) infrastructure in the United States. The partnership’s business centers on the development, ownership and operation of LNG facilities and associated pipeline assets that enable the liquefaction, storage and delivery of natural gas for export and domestic use. CQP’s assets are focused on large-scale midstream energy infrastructure intended to serve global natural gas markets.

The company’s core activities include LNG liquefaction and storage, terminal services, and pipeline transportation.