EQT GP Holdings, LP (NYSE:EQGP) Growth Story in Full Force

Author

28 May, 2017

Cary purchased 421 shares of the company's stock in a transaction dated Monday, April 3rd. 77,983 shares of the stock were exchanged.

Now the shares of EQT Corporation (EQT) has a trading volume of 3.44 Million shares, with an average trading volume of 1720 shares - with shares dropping to a 52 week low of $55.09, and the company's shares hitting a 52 week high of $ 80.61. EQT GP Holdings, LP's P/E ratio is 30.89. It has outperformed by 7.42% the S&P500. Profund Advisors LLC's holdings in EQT were worth $613,000 as of its most recent filing with the SEC. The stock was acquired at an average price of $61.10 per share, for a total transaction of $25,723.10. MD now owns 17,065,832 shares of the oil and gas producer's stock valued at $1,239,321,000 after buying an additional 1,344,202 shares in the last quarter.

EQT Corporation (EQT) closed business day at $56.31 with -0.49%. About 286,172 shares traded.

EQT Corporation (EQT) belongs to the "Basic Materials" sector with an industry focus on "Independent Oil & Gas", with Mr. David L. Porges as Exec. Chairman. Following the completion of the sale, the insider now owns 15,941 shares in the company, valued at $965,386.96. Finally, NBW Capital LLC increased its stake in shares of EQT GP Holdings by 3.3% in the third quarter.

Since December 29, 2016, it had 0 buys, and 16 sales for $23.56 million activity. The firm owned 10,033 shares of the oil and gas producer's stock after selling 1,133 shares during the period. Bernstein David sold 23,030 shares worth $1.29M. Insiders own 1.10% of the company's stock. BAND SIR JONATHON sold $335,610 worth of stock or 6,276 shares. Its up 0.22, from 0.9 in 2016Q3.

A number of institutional investors have recently modified their holdings of EQGP. 87 funds opened positions while 185 raised stakes. Japan-based Nomura Asset Mngmt Ltd has invested 0% in Hub Group Inc (NASDAQ:HUBG). Nicholas Investment Prns Lp has 89,686 shares for 0.3% of their portfolio. Parametric Portfolio Associates Limited Liability Company holds 0% of its portfolio in Hub Group Inc (NASDAQ:HUBG) for 45,978 shares.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Therefore 86% are positive.

WARNING: "EQT GP Holdings LP (EQGP) Receives Consensus Rating of "Buy" from Analysts" was originally published by BBNS and is the sole property of of BBNS. The rating was initiated by HSBC with "Buy" on Monday, October 3. The firm has "Positive" rating given on Tuesday, December 20 by Susquehanna.

Several equities analysts have recently issued reports on the company. Zacks Investment Research downgraded EQT from a "buy" rating to a "hold" rating in a research report on Thursday, February 9th. The stock has "Outperform" rating by Bernstein on Friday, September 9. They set a "buy" rating and a $35.00 price objective on the stock.

Taking a broader look brokerage firms' analysts on the street with an expectant view have Eqt Corp (NYSE:EQT) high price target of $103 and with a conservative view have low price target of $64.

Over the past 50 days, EQT GP Holdings, LP stock's -8.75% off of the high and 2.01% removed from the low. The firm has "Equal-Weight" rating by Morgan Stanley given on Wednesday, March 2.

The Q.i. Value of EQT GP Holdings, LP (NYSE:EQGP) is 34.00000. As per Friday, October 23, the company rating was upgraded by KLR Group. On Friday, August 14 the stock rating was upgraded by Global Hunter Securities to "Buy". On Monday, May 1 the stock rating was maintained by Scotia Capital with "Hold". On Tuesday, November 22 the stock rating was downgraded by Stifel Nicolaus to "Hold".

EQT (NYSE:EQT) last issued its quarterly earnings results on Thursday, April 27th. JPMorgan Chase & Co. raised its stake in shares of EQT by 5.8% in the third quarter. Conning reported 4,197 shares. Dean Ltd Liability Company has 9,006 shares for 0.1% of their portfolio. Oakworth Cap stated it has 148 shares.

Shares of EQT Co. Whittier Tru Of Nevada Incorporated stated it has 0.16% in EQT Corporation (NYSE:EQT). Private Asset Mgmt holds 6,008 shares or 0.07% of its portfolio. However its weekly volatility is 2.39% and monthly volatility is 1.88%. Investors may also be paying close concentration to some simple moving average indicators on shares of EQT Corporation (EQT).

In related news, insider M Elise Hyland sold 3,479 shares of the stock in a transaction that occurred on Friday, March 31st.

Analysts await EQT Corporation (NYSE:EQT) to report earnings on July, 27. During the same quarter a year ago, the firm posted $0.07 earnings per share. Norges Bank purchased a new stake in shares of EQT during the fourth quarter valued at $80,536,000.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


More news


  • Presidential vote timelapse: May 15

    Presidential vote timelapse: May 15

    Political analyst Hamid Farahvashian told Reuters he expects Qalibaf's votes will be divided between Rouhani and Raisi. With Ghalibaf no longer on the ballot, Friday's election will likely be largely a duel between Rowhani and Raisi.
    Tusk says EU, U.S. stick to similar positions on Ukraine

    Tusk says EU, U.S. stick to similar positions on Ukraine

    "This is not fair to the people and taxpayers of the United States", Trump declared, but the networks didn't want to have it. He also barged aside the Montenegrin leader in front of cameras.
    Tillerson: Curbing Iran a focus of Trump trip

    Tillerson: Curbing Iran a focus of Trump trip

    "If Rouhani wanted to change Iran's relationship with the rest of the world, those are the things he could do", Tillerson said . Trump also opposed the pact, calling during the presidential campaign one of the worst deals ever negotiated.
  • LeBron, Cavaliers dispatch Celtics to set up finals trilogy with Warriors

    LeBron, Cavaliers dispatch Celtics to set up finals trilogy with Warriors

    The NBA playoffs are always more fun when the league's rivalries flare up and teams start chirping at each other. "They can not . Stopping the Warriors' attack in transition just does not seem like something in the cards for the lackluster Cavaliers defense.

    Trump's strategy for stabilizing the Middle East to be put to test

    But much of the intrigue over Trump's public statements during the trip revolved around what he didn't say . Later Tuesday, Trump tweeted: "We stand in absolute solidarity with the people of the United Kingdom".

    France President, Macron swerves past Trump to embrace Merkel

    As soon as Macron turned his head in Trump's direction, the United States leader was waiting with his hand out. It's a spectacularly not-so-subtle power play.
  • Alexander Gustafsson Assures He's 'Going To Get The W' Against Glover Texieira

    Alexander Gustafsson Assures He's 'Going To Get The W' Against Glover Texieira

    A pivotal light heavyweight matchup is on the menu for Sunday's intriguing UFC Fight Night 109 "Gustafsson vs. Teixeira" card, as former world title challengers Alexander Gustafsson and Glover Teixeira will lock horns.
    NSA to Jimmy Carter Zbigniew Brzezinski passes away

    NSA to Jimmy Carter Zbigniew Brzezinski passes away

    Carter issued a statement late Friday, calling Brzezinski a "brilliant, dedicated and loyal", adding: "I will miss him". While critical of the Soviets' communist agenda, Brzezinski supported an improvement of ties between the USA and China.
    Philipsburg native Matt Adams homers in second game with Atlanta Braves

    Philipsburg native Matt Adams homers in second game with Atlanta Braves

    An inning later, Adams brought Braves fans at SunTrust Park to their feet with a homer to right-center, scoring Brandon Phillips. On the other side, the Braves have lost five of Foltynewicz's last seven starts and are just 4-10 in their last 14 home games.
  • Armed Forces now in pursuit of top ASG leader

    Armed Forces now in pursuit of top ASG leader

    He said there may have been confusion because a former Malabang police chief was killed in the fighting — but he was not beheaded. He said Wednesday he may impose martial law throughout the rest of the country if he believed the terrorism threat was spreading.

    Trump vows to probe intelligence info leaks

    Abedi, a college dropout who had grown up in the Manchester area, was known to security services because of his radical views. Crowds gathered at well-known sites including London's Parliament and Trafalgar Squares and Manchester's Albert Square.
    U.K. Lowers Threat Level as May Urges Public to Remain Vigilant

    U.K. Lowers Threat Level as May Urges Public to Remain Vigilant

    On that call, he purportedly told his mother: "Forgive me", said Ahmed bin Salem, a spokesman for Libya's Special Deterrent Force. May on Thursday said she would "make clear" to Trump that intelligence shared between the two countries "must remain secure".