Duff Phelps Investment Management Co buys $3,428,400 stake in Cheniere Energy Partners LP (CQP)

Cheniere Energy Partners LP (CQP) : Duff Phelps Investment Management Co scooped up 10,000 additional shares in Cheniere Energy Partners LP during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 120,000 shares of Cheniere Energy Partners LP which is valued at $3,428,400.Cheniere Energy Partners LP makes up approximately 0.05% of Duff Phelps Investment Management Co’s portfolio.

Other Hedge Funds, Including , Spirit Of America Management Corpny boosted its stake in CQP in the latest quarter, The investment management firm added 6,400 additional shares and now holds a total of 338,661 shares of Cheniere Energy Partners LP which is valued at $9,675,545. Cheniere Energy Partners LP makes up approx 1.28% of Spirit Of America Management Corpny’s portfolio.Msi Financial Services Inc boosted its stake in CQP in the latest quarter, The investment management firm added 33 additional shares and now holds a total of 3,141 shares of Cheniere Energy Partners LP which is valued at $89,393.Creative Planning boosted its stake in CQP in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 10,844 shares of Cheniere Energy Partners LP which is valued at $315,127.Cutler Group Lp boosted its stake in CQP in the latest quarter, The investment management firm added 11,329 additional shares and now holds a total of 11,886 shares of Cheniere Energy Partners LP which is valued at $348,854. Cheniere Energy Partners LP makes up approx 0.02% of Cutler Group Lp’s portfolio.

Cheniere Energy Partners LP opened for trading at $28.45 and hit $28.78 on the upside on Friday, eventually ending the session at $28.57, with a gain of 0.39% or 0.11 points. The heightened volatility saw the trading volume jump to 1,98,806 shares. Company has a market cap of $9,652 M.

Many Wall Street Analysts have commented on Cheniere Energy Partners LP. Cheniere Energy Partners LP was Resumed by Credit Suisse to “Outperform” on Oct 12, 2016. Shares were Reiterated by Barclays on Sep 6, 2016 to “Overweight” and Lowered the Price Target to $ 32 from a previous price target of $36 .

Cheniere Energy Partners L.P. (Cheniere Partners) is a limited partnership formed by Cheniere Energy Inc. (Cheniere) an energy company primarily engaged in LNG-related businesses. The Company operates through its subsidiary Sabine Pass LNG L.P. (Sabine Pass LNG) and provides regasification facilities at the Sabine Pass LNG terminal located on the Sabine Pass deep water shipping channel. The Company through its subsidiary Sabine Pass Liquefaction LLC (Sabine Pass Liquefaction) develops and constructs natural gas liquefaction facilities (the Liquefaction Project) at the Sabine Pass LNG terminal. Cheniere Partners also owns the 94-mile Creole Trail Pipeline through its subsidiary Cheniere Creole Trail Pipeline L.P. interconnects the Sabine Pass LNG terminal with interstate pipelines to transport natural gas to the Sabine Pass LNG terminal. The Company’s Sabine Pass LNG terminal has five LNG storage tanks two docks and vaporizers.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Cheniere Energy Partners LP - Is it time to Sell?

Top Brokerage Firms are advising their investors on Cheniere Energy Partners LP. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.