EQT Corporation (EQT) Shares Bought by 361 Capital LLC

361 Capital LLC boosted its position in shares of EQT Corporation (NYSE:EQT) by 29.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 99,822 shares of the oil and gas producer’s stock after buying an additional 22,574 shares during the period. 361 Capital LLC owned 0.06% of EQT Corporation worth $5,849,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Neuberger Berman Group LLC increased its position in EQT Corporation by 13.1% during the second quarter. Neuberger Berman Group LLC now owns 2,328,251 shares of the oil and gas producer’s stock worth $136,412,000 after buying an additional 270,054 shares during the period. Whittier Trust Co. increased its position in EQT Corporation by 3.6% during the second quarter. Whittier Trust Co. now owns 171,209 shares of the oil and gas producer’s stock worth $10,031,000 after buying an additional 5,872 shares during the period. South Dakota Investment Council acquired a new position in EQT Corporation during the first quarter worth approximately $354,000. Mitchell Group Inc. increased its position in EQT Corporation by 11.1% during the second quarter. Mitchell Group Inc. now owns 555,569 shares of the oil and gas producer’s stock worth $32,551,000 after buying an additional 55,330 shares during the period. Finally, BlackRock Inc. increased its position in EQT Corporation by 3,346.4% during the first quarter. BlackRock Inc. now owns 13,626,409 shares of the oil and gas producer’s stock worth $832,575,000 after buying an additional 13,231,032 shares during the period. 90.55% of the stock is currently owned by institutional investors.

EQT Corporation (NYSE:EQT) traded down 1.19% during mid-day trading on Monday, hitting $62.85. The company had a trading volume of 2,113,533 shares. The firm has a market cap of $10.89 billion, a P/E ratio of 2244.64 and a beta of 0.77. EQT Corporation has a 52-week low of $49.63 and a 52-week high of $75.74. The stock’s 50 day moving average price is $63.05 and its 200 day moving average price is $60.37.

EQT Corporation (NYSE:EQT) last posted its earnings results on Thursday, July 27th. The oil and gas producer reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. EQT Corporation had a return on equity of 0.91% and a net margin of 0.20%. The firm had revenue of $631.10 million for the quarter, compared to analysts’ expectations of $642.21 million. During the same period last year, the firm earned ($0.35) EPS. The firm’s revenue was up 720.1% compared to the same quarter last year. On average, equities research analysts predict that EQT Corporation will post $0.91 EPS for the current fiscal year.

In other news, Director A. Bray Jr. Cary purchased 406 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was purchased at an average cost of $65.24 per share, with a total value of $26,487.44. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.00% of the stock is owned by company insiders.

TRADEMARK VIOLATION NOTICE: “EQT Corporation (EQT) Shares Bought by 361 Capital LLC” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://ledgergazette.com/2017/10/09/eqt-corporation-eqt-shares-bought-by-361-capital-llc.html.

Several research analysts have commented on the company. BMO Capital Markets reaffirmed a “buy” rating and set a $75.00 price target on shares of EQT Corporation in a research report on Friday, September 1st. Royal Bank Of Canada lowered EQT Corporation from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from $86.00 to $80.00 in a research report on Wednesday, July 5th. Scotiabank set a $79.00 price target on EQT Corporation and gave the stock a “buy” rating in a research report on Tuesday, August 22nd. TheStreet raised EQT Corporation from a “d+” rating to a “c-” rating in a research report on Monday, August 14th. Finally, Seaport Global Securities raised EQT Corporation from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $57.00 to $79.00 in a research report on Tuesday, September 26th. One resea

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Neuberger Berman Group LLC increased its position in EQT Corporation by 13.1% during the second quarter. Neuberger Berman Group LLC now owns 2,328,251 shares of the oil and gas producer’s stock worth $136,412,000 after buying an additional 270,054 shares during the period. Whittier Trust Co. increased its position in EQT Corporation by 3.6% during the second quarter. Whittier Trust Co. now owns 171,209 shares of the oil and gas producer’s stock worth $10,031,000 after buying an additional 5,872 shares during the period. South Dakota Investment Council acquired a new position in EQT Corporation during the first quarter worth approximately $354,000. Mitchell Group Inc. increased its position in EQT Corporation by 11.1% during the second quarter. Mitchell Group Inc. now owns 555,569 shares of the oil and gas producer’s stock worth $32,551,000 after buying an additional 55,330 shares during the period. Finally, BlackRock Inc. increased its position in EQT Corporation by 3,346.4% during the first quarter. BlackRock Inc. now owns 13,626,409 shares of the oil and gas producer’s stock worth $832,575,000 after buying an additional 13,231,032 shares during the period. 90.55% of the stock is currently owned by institutional investors.

EQT Corporation (NYSE:EQT) traded down 1.19% during mid-day trading on Monday, hitting $62.85. The company had a trading volume of 2,113,533 shares. The firm has a market cap of $10.89 billion, a P/E ratio of 2244.64 and a beta of 0.77. EQT Corporation has a 52-week low of $49.63 and a 52-week high of $75.74. The stock’s 50 day moving average price is $63.05 and its 200 day moving average price is $60.37.

EQT Corporation (NYSE:EQT) last posted its earnings results on Thursday, July 27th. The oil and gas producer reported $0.06 EPS for the quarter, beating the consensus estimate of $0.05 by $0.01. EQT Corporation had a return on equity of 0.91% and a net margin of 0.20%. The firm had revenue of $631.10 million for the quarter, compared to analysts’ expectations of $642.21 million. During the same period last year, the firm earned ($0.35) EPS. The firm’s revenue was up 720.1% compared to the same quarter last year. On average, equities research analysts predict that EQT Corporation will post $0.91 EPS for the current fiscal year.

In other news, Director A. Bray Jr. Cary purchased 406 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was purchased at an average cost of $65.24 per share, with a total value of $26,487.44. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.00% of the stock is owned by company insiders.

TRADEMARK VIOLATION NOTICE: “EQT Corporation (EQT) Shares Bought by 361 Capital LLC” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://ledgergazette.com/2017/10/09/eqt-corporation-eqt-shares-bought-by-361-capital-llc.html.

Several research analysts have commented on the company. BMO Capital Markets reaffirmed a “buy” rating and set a $75.00 price target on shares of EQT Corporation in a research report on Friday, September 1st. Royal Bank Of Canada lowered EQT Corporation from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from $86.00 to $80.00 in a research report on Wednesday, July 5th. Scotiabank set a $79.00 price target on EQT Corporation and gave the stock a “buy” rating in a research report on Tuesday, August 22nd. TheStreet raised EQT Corporation from a “d+” rating to a “c-” rating in a research report on Monday, August 14th. Finally, Seaport Global Securities raised EQT Corporation from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $57.00 to $79.00 in a research report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $79.60.

EQT Corporation Profile

EQT Corporation is a natural gas company. The Company operates through three segments: EQT Production, EQT Gathering and EQT Transmission. The EQT Production segment includes its exploration for, and development and production of, natural gas, natural gas liquids and a limited amount of crude oil, primarily in the Appalachian Basin.

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Institutional Ownership by Quarter for EQT Corporation (NYSE:EQT)

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