Cheniere Energy Partners LP (CQP) Stock Value Declined While Blackstone Group LP Upped Stake by $26.40 Million

April 16, 2018 - By Adrian Mccoy

Blackstone Group Lp increased its stake in Cheniere Energy Partners Lp (CQP) by 0.45% based on its latest 2017Q4 regulatory filing with the SEC. Blackstone Group Lp bought 910,278 shares as the company’s stock declined 0.11% with the market. The institutional investor held 203.36M shares of the public utilities company at the end of 2017Q4, valued at $6.03B, up from 202.45 million at the end of the previous reported quarter. Blackstone Group Lp who had been investing in Cheniere Energy Partners Lp for a number of months, seems to be bullish on the $14.87 billion market cap company. The stock increased 1.95% or $0.575 during the last trading session, reaching $30.115. About 51,603 shares traded. Cheniere Energy Partners, L.P. (NYSEMKT:CQP) has declined 11.79% since April 16, 2017 and is downtrending. It has underperformed by 23.34% the S&P500.

Blackstone Group Lp, which manages about $24.56B US Long portfolio, decreased its stake in Park Hotels Resorts Inc by 16.83 million shares to 557,587 shares, valued at $16.03M in 2017Q4, according to the filing.

Cheniere Energy Partners, L.P. (NYSEAMERICAN:CQP) Ratings Chart

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