Today’s Stock On Watch: Could Cheniere Energy Partners LP Holdings LLC Recover After Today’s Big Decline?

Today's Stock On Watch: Could Cheniere Energy Partners LP Holdings LLC Recover After Today's Big Decline?

The stock of Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) is a huge mover today! The stock decreased 3.17% or $0.72 on October 3, hitting $22.02. About 738,212 shares traded hands or 235.20% up from the average. Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) has risen 29.53% since March 1, 2016 and is uptrending. It has outperformed by 17.31% the S&P500.
The move comes after 8 months negative chart setup for the $5.46 billion company. It was reported on Oct, 4 by Barchart.com. We have $20.92 PT which if reached, will make NYSEMKT:CQH worth $273.00M less.

Analysts await Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) to report earnings on November, 4. They expect $0.09 EPS, up 350.00% or $0.07 from last year’s $0.02 per share. CQH’s profit will be $22.32M for 61.17 P/E if the $0.09 EPS becomes a reality. After $0.02 actual EPS reported by Cheniere Energy Partners LP Holdings LLC for the previous quarter, Wall Street now forecasts 350.00% EPS growth.

Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) Ratings Coverage

Out of 5 analysts covering Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Cheniere Energy Partners LP Holdings LLC has been the topic of 8 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the stock with “Overweight” rating in Monday, October 12 report. Credit Suisse initiated the shares of CQH in a report on Wednesday, August 5 with “Outperform” rating. Global Hunter Securities initiated the stock with “Buy” rating in Thursday, July 23 report. The firm has “Outperform” rating given on Tuesday, November 3 by RBC Capital Markets. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, July 20.

According to Zacks Investment Research, “Cheniere Energy Partners LP Holdings, LLC owns and operates liquefied natural gas terminal. The terminal has regasification facilities. Cheniere Energy Partners LP Holdings, LLC is based in Houston, Texas.”

Insitutional Activity: The institutional sentiment increased to 0.93 in Q2 2016. Its up 0.10, from 0.83 in 2016Q1. The ratio improved, as 11 funds sold all Cheniere Energy Partners LP Holdings LLC shares owned while 29 reduced positions. 8 funds bought stakes while 29 increased positions. They now own 21.77 million shares or 10.34% less from 24.28 million shares in 2016Q1.
Ameriprise holds 0% or 9,735 shares in its portfolio. First Advsr L P owns 168,960 shares or 0.02% of their US portfolio. Driehaus Capital Management Limited Liability Com has invested 0.17% of its portfolio in Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH). Kistler last reported 0% of its portfolio in the stock. California Public Employees Retirement Systems, a California-based fund reported 34,600 shares. Somerset Grp Llc holds 0.38% or 12,050 shares in its portfolio. Van Hulzen Asset Mgmt Limited Liability accumulated 0.59% or 34,619 shares. Columbus Hill Management Limited Partnership reported 343,413 shares or 0.77% of all its holdings. Alps holds 2.81 million shares or 0.75% of its portfolio. Suntrust Banks Inc has 0% invested in the company for 8,000 shares. The Ohio-based Fort Washington Inv Advsr Incorporated Oh has invested 0.08% in Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH). Fairview Capital Invest Mgmt Limited Liability holds 1.41% or 580,168 shares in its portfolio. Carroll Finance Associates last reported 308 shares in the company. Raymond James Finance Ser Advsrs last reported 33,680 shares in the company. Moreover, Deutsche Commercial Bank Ag has 0% invested in Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) for 77,421 shares.

More recent Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) news were published by: Businesswire.com which released: “Robbins Arroyo LLP: Acquisition of Cheniere Energy Partners LP Holdings, LLC …” on October 03, 2016. Also Prnewswire.com published the news titled: “Cheniere Energy Partners LP Holdings, LLC Reports First Quarter 2016 Results” on May 05, 2016. Marketwatch.com‘s news article titled: “Cheniere Energy Partners LP Holdings LLC” with publication date: December 14, 2013 was also an interesting one.

CQH Company Profile

Cheniere Energy Partners LP Holdings, LLC, incorporated on July 29, 2013, is a limited liability company. The Company’s business consists of owning and holding Cheniere Partners’ limited partner common units, Class B units and subordinated units. The Firm owns over 11,963,490 common units, which are entitled to quarterly cash distributions from Cheniere Partners, approximately 135,383,830 subordinated units and 45,333,330 Class B units.

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