Published: Wed, November 15, 2017
Finance | By Loren Pratt

Fmr LLC Has $4.91 Million Position in EQT Midstream Partners, LP (EQM)


The stock now has an average rating of Hold and an average price target of $14.25. On Friday, July 22 the stock rating was reinitiated by Summit Redstone Partners with "Hold". As per Tuesday, July 18, the company rating was upgraded by UBS. The rating was maintained by RBC Capital Markets with "Outperform" on Thursday, November 5. The rating was initiated by DA Davidson on Friday, October 16 with "Buy". The company was maintained on Saturday, August 8 by Raymond James.

Magellan Midstream Partners, L.P. (MMP) formed inverse H&S with $70.86 target or 7.00% above today's $66.22 share price. It was reported on Nov, 14 by Barchart.com. Citigroup Inc. upgraded shares of Magellan Midstream Partners L.P. from a "neutral" rating to a "buy" rating and set a $82.00 price target for the company in a research note on Thursday, September 21st. About 252,017 shares traded. It has underperformed by 16.06% the S&P500. Center Coast Advsr Limited Partnership invested 0.8% of its portfolio in Summit Midstream Partners LP (NYSE:SMLP). The company has a debt-to-equity ratio of 2.38, a current ratio of 1.13 and a quick ratio of 1.08. EQM's profit will be $123.80M for 11.47 P/E if the $1.51 EPS becomes a reality. Parallax Volatility Advisers Lp holds 0% of its portfolio in Summit Midstream Partners LP (NYSE:SMLP) for 1,726 shares.

Salient Capital Advisors Llc decreased Eqt Midstream Partners Lp (EQM) stake by 33.45% reported in 2017Q2 SEC filing. The company has market cap of $6.53 billion. The Company's divisions include the Utica Shale, which includes its ownership interest in Ohio Gathering, as well as Summit Utica; the Williston Basin, which includes Bison Midstream, Polar and Divide and Tioga Midstream; the Marcellus Shale, which includes Mountaineer Midstream; the Barnett Shale, which includes DFW Midstream Services LLC, and the Piceance Basin /DJ Basins, which includes Grand River and Niobrara G&P. It has a 18.35 P/E ratio. The Company's assets are located in the producing areas of unconventional resource basins, primarily shale formations, in the continental United States. Zacks Investment Research raised shares of Dominion Midstream Partners, from a "hold" rating to a "strong-buy" rating and set a $37.00 price objective on the stock in a research report on Tuesday, October 24th. Therefore 60% are positive. Enable Midstream Partners has a 52-week low of $5.38 and a 52-week high of $16.50. As per Friday, November 3, the company rating was maintained by Credit Suisse. Finally, TheStreet raised shares of Dominion Midstream Partners, from a "c" rating to a "b" rating in a research report on Monday, October 16th. As of the last earnings report the EPS was $5.23 with 80.58M shares now outstanding. On Thursday, May 12 the stock rating was maintained by Goldman Sachs with "Neutral". Credit Suisse has "Underperform" rating and $70 target. Robert W. Baird maintained Summit Midstream Partners LP (NYSE:SMLP) on Friday, August 11 with "Outperform" rating. The firm has "Hold" rating given on Monday, April 24 by Scotia Capital. RBC Capital Markets maintained the stock with "Buy" rating in Monday, June 5 report.

Investors sentiment decreased to 1.16 in 2017 Q2. The pipeline company reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $1.26 by $0.02.


Other hedge funds and other institutional investors have also recently made changes to their positions in the company. It turned negative, as 44 investors sold EXPE shares while 157 reduced holdings. The firm now has a $13.00 target price on the stock, down from their prior target price of $15.00. Van Eck Assoc Corporation has invested 0.01% in Summit Midstream Partners LP (NYSE:SMLP). The stock of Summit Midstream Partners LP (NYSE:SMLP) has "Buy" rating given on Monday, August 7 by RBC Capital Markets. Following the completion of the transaction, the insider now owns 19,653 shares in the company, valued at $1,388,287.92. Credit Suisse Ag invested 0% in Summit Midstream Partners LP (NYSE:SMLP). On average, analysts anticipate that Enable Midstream Partners will post $0.70 earnings per share for the current year. 188,706 are held by Guggenheim Lc. Suntrust Banks reported 0.01% stake. Thompson Siegel And Walmsley Limited holds 0.06% of its portfolio in CDW Corp (NASDAQ:CDW) for 83,696 shares. Glob Endowment Mngmt Lp has 8,520 shares for 0.17% of their portfolio.

As of quarter end FTB Advisors, Inc. had sold a total of 76 shares trimming its holdings by 6.2%.

American Midstream Partners, earned a daily sentiment score of 0.19 on Accern's scale. Its down 0.05, from 1.34 in 2017Q1. 4,200 shares valued at $137,899 were sold by GLANTON RICHARD H on Tuesday, June 6. 131.72 million shares or 0.48% less from 132.35 million shares in 2017Q1 were reported. Schwab Charles Inv Mgmt stated it has 129,512 shares or 0% of all its holdings. 4,526 are owned by Victory Cap Mgmt. Energy Income Prns Limited Liability Company stated it has 2.36 million shares or 3.33% of all its holdings. First Trust Ltd Partnership holds 80,909 shares. Legg Mason Asset Management (Japan) owns 12,700 shares. Rmb Capital Llc has invested 0.06% in Callidus Software Inc. Great West Life Assurance Can holds 0.01% in Aqua America Inc (NYSE:WTR) or 107,654 shares. Bank & Trust Of Mellon Corp has invested 0% in Qualys Inc (NASDAQ:QLYS). Clearbridge Invs Limited Liability Corp has 1.12 million shares. Fort Washington Investment Advisors Inc.

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