Cheniere Energy Partners LP Holdings (CQH) Initiates Share Buyback Plan
- Author: Zachary Reyes May 26, 2017,
May 26, 2017, 1:24
After $1.65 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -1.21% negative EPS growth. For the past month, Cheniere Energy, Inc.'s stock has been 9.28%, 6.95% for the last quarter, 27.14% for the past six months and 53.97% for the past 52 weeks. The stock rose 0.12% or $0.06 reaching $48.88 per share. 187,136 shares of the company traded hands.
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, LNG earned gross profit of 183.55 Million, in 2015 191.12 Million gross profit, while in 2016 Cheniere Energy, Inc. It has outperformed by 34.61% the S&P500. Sumitomo Mitsui Trust Holding Inc holds 42,000 shares. The Zimmer Partners Lp holds 10.11M shares with $226.21M value, up from 8.13 million last quarter. The Company's subsidiary includes LCNB National Bank (the Bank).
Shares of Cheniere Energy Partners (NYSE:CQP) traded up 0.61% during trading on Wednesday, reaching $33.01. (NASDAQ:CNXN) has risen 18.98% since May 24, 2016 and is uptrending. It has outperformed by 17.82% the S&P500. The stock now has an average rating of "Hold" and a consensus price target of $35.50. The firm has "Buy" rating by Global Hunter Securities given on Thursday, July 23.
Since January 30, 2017, it had 0 insider purchases, and 11 selling transactions for $2.54 billion activity. On Friday, January 13 the insider Erdoes Mary E. sold $3.01M. LEHOTSKY Ed sold $423,579 worth of stock. It also reduced its holding in Asb Bancorp Inc N C (NASDAQ:ASBB) by 13,506 shares in the quarter, leaving it with 252,647 shares, and cut its stake in Kearny Finl Corp Md. Therefore 80% are positive. The company reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.91 by $0.11. The stock has "Outperform" rating by Credit Suisse on Wednesday, August 5. (NYSEMKT:LNG) on Monday, October 12 with "Overweight" rating. The total market capitalization remained at $27.09 billion. The company was downgraded on Wednesday, July 20 by Goldman Sachs. On Friday, January 15 the stock rating was maintained by Argus Research with "Buy". (NYSEMKT:LNG) for 5,191 shares. RBC Capital Markets maintained the shares of CQH in report on Tuesday, November 3 with "Outperform" rating. They issued a "positive" rating and a $38.00 target price for the company. The stock of The Coca-Cola Co (NYSE:KO) has "Hold" rating given on Monday, August 31 by Vetr.
Investors sentiment decreased to 0.87 in 2016 Q4. Its up 0.17, from 1.03 in 2016Q3. It improved, as 49 investors sold MSFT shares while 897 reduced holdings. 9 funds opened positions while 28 raised stakes. Seidman Lawrence B invested in 1.36% or 66,766 shares.
Cheniere Energy Partners LP Holdings, LLC is a limited liability company. Mufg Americas Holdings invested 0% of its portfolio in Community Financial Corp (NASDAQ:TCFC). Rothschild Corporation Il owns 139,997 shares. Stanley holds 0.19% or 6,985 shares. 634,133 are owned by Clarkston Cap Prtnrs Llc. Ardevora Asset Mgmt Ltd Liability Partnership reported 479,700 shares or 1.05% of all its holdings. Counselors Of Maryland Llc holds 0.08% in Microsoft Corporation (NASDAQ:MSFT) or 25,884 shares. Lpl Fin Ltd Liability Co reported 21,207 shares or 0% of all its holdings. Wellington Mngmt Gru Ltd Liability Partnership owns 818,101 shares. The Kansas-based Paragon Capital Limited Liability has invested 4.78% in Microsoft Corporation (NASDAQ:MSFT). Tortoise Cap Advsrs Limited Company stated it has 36 shares or 0% of all its holdings. Geode Mgmt Lc holds 0% or 16,726 shares in its portfolio. This repurchase authorization authorizes the company to purchase up to 4.4% of its shares through a private placement purchase.
Since December 1, 2016, it had 0 buys, and 6 selling transactions for $2.29 million activity. Cheniere Energy Partners LP Holdings LLC has $30 highest and $22 lowest target. More interesting news about Cheniere Energy Partners LP Holdings LLC (NYSEMKT:CQH) were released by: Nasdaq.com and their article: "CQH Crosses Above Average Analyst Target" published on May 24, 2017 as well as Seekingalpha.com's news article titled: "Cheniere Creeps Along And Acquires More Of Cheniere Energy Partners" with publication date: January 11, 2017. 87,800 shares were sold by SMITH BRIAN JOHN, worth $3.81 million on Wednesday, May 10. MERKSAMER SAMUEL J. also bought $480,195 worth of Cheniere Energy, Inc. (NYSEMKT:LNG) on Tuesday, June 14 to "Sector Outperform" rating. Sanford C. Bernstein began coverage on shares of Cheniere Energy Partners in a research note on Tuesday, May 16th. (NYSEMKT:LNG) hit a new 52-week high and has $54.35 target or 7.00% above today's $50.79 share price.
Cheniere Energy Partners LP Holdings (NYSE:CQH) last announced its quarterly earnings results on Thursday, May 4th. The ex-dividend date was Friday, April 28th.
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