Are Analysts Bullish about EQT Midstream Partners, LP (NYSE:EQM) after last week?

July 16, 2018 - By Mark Babin

Investors sentiment increased to 1.17 in Q1 2018. Its up 0.18, from 0.99 in 2017Q4. It improved, as 29 investors sold EQT Midstream Partners, LP shares while 47 reduced holdings. 21 funds opened positions while 68 raised stakes. 56.06 million shares or 0.62% more from 55.72 million shares in 2017Q4 were reported.
Invesco has invested 0% in EQT Midstream Partners, LP (NYSE:EQM). Cincinnati Co accumulated 33,220 shares or 0.06% of the stock. Envestnet Asset Mngmt holds 1,137 shares or 0% of its portfolio. Pnc Svcs Gp Incorporated has invested 0.01% in EQT Midstream Partners, LP (NYSE:EQM). Salient Cap Advisors Ltd Liability Com reported 600,398 shares or 0.87% of all its holdings. Captrust Financial Advsrs stated it has 1,670 shares. Midas Mngmt invested in 44,500 shares. Ing Groep Nv invested in 508,500 shares. Stratos Wealth Prtn Limited stated it has 0% of its portfolio in EQT Midstream Partners, LP (NYSE:EQM). Rafferty Asset Mngmt Ltd Liability invested 0% in EQT Midstream Partners, LP (NYSE:EQM). First Trust Advisors Limited Partnership reported 87,813 shares. Country Club Tru Na owns 5,148 shares for 0.04% of their portfolio. Bankshares Of Ny Mellon has invested 0% in EQT Midstream Partners, LP (NYSE:EQM). Hightower Llc holds 81,820 shares. Conning holds 0.09% of its portfolio in EQT Midstream Partners, LP (NYSE:EQM) for 45,111 shares.

Since May 29, 2018, it had 1 insider purchase, and 0 insider sales for $55,530 activity.

EQT Midstream Partners, LP (NYSE:EQM) Ratings Coverage

Among 10 analysts covering EQT Midstream Partners (NYSE:EQM), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. EQT Midstream Partners had 16 analyst reports since January 17, 2018 according to SRatingsIntel. The stock of EQT Midstream Partners, LP (NYSE:EQM) earned “Buy” rating by Stifel Nicolaus on Thursday, February 15. The firm earned “Hold” rating on Monday, January 22 by Citigroup. The company was upgraded on Monday, April 9 by Seaport Global. Morgan Stanley maintained the stock with “Overweight” rating in Friday, March 16 report. On Wednesday, July 11 the stock rating was maintained by Barclays Capital with “Overweight”. Wells Fargo maintained EQT Midstream Partners, LP (NYSE:EQM) on Wednesday, February 21 with “Outperform” rating. As per Wednesday, January 17, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Wednesday, April 25 by JonesTrading. Wells Fargo maintained the shares of EQM in report on Monday, April 30 with “Buy” rating. The rating was maintained by Morgan Stanley on Friday, July 13 with “Overweight”. Below is a list of EQT Midstream Partners, LP (NYSE:EQM) latest ratings and price target changes.

13/07/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $71 New Target: $65 Maintain
11/07/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $68 New Target: $64 Maintain
30/04/2018 Broker: Wells Fargo Rating: Buy New Target: $69.0000 Maintain
27/04/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $77 New Target: $71 Maintain
25/04/2018 Broker: JonesTrading Rating: Buy New Target: $82.0000 Initiate
20/04/2018 Broker: Deutsche Bank Rating: Buy New Target: $78 Initiates Coverage On
17/04/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $83 New Target: $68 Maintain
09/04/2018 Broker: Seaport Global Old Rating: Neutral New Rating: Buy Old Target: $70 New Target: $67 Upgrade
21/03/2018 Broker: Bank of America Old Rating: Buy New Rating: Neutral Downgrade
16/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $83 New Target: $77 Maintain

The stock increased 0.97% or $0.53 during the last trading session, reaching $54.94. About 230,269 shares traded. EQT Midstream Partners, LP (NYSE:EQM) has declined 25.17% since July 16, 2017 and is downtrending. It has underperformed by 37.74% the S&P500.

EQT Midstream Partners, LP provides natural gas transmission, storage, and gathering services in Pennsylvania, West Virginia, and Ohio. The company has market cap of $4.75 billion. The firm owns, operates, acquires, and develops midstream assets in the Appalachian Basin. It has a 10.1 P/E ratio. As of December 31, 2016, it had 13.5 trillion cubic feet of natural gas equivalents of proved natural gas, natural gas liquids, and crude oil reserves.

More news for EQT Midstream Partners, LP (NYSE:EQM) were recently published by: Businesswire.com, which released: “EQT Midstream Partners, LP and EQT GP Holdings, LP Announce Second Quarter 2018 Joint Earnings Conference Call” on July 12, 2018. Gurufocus.com‘s article titled: “Swank Capital and Cushing® Asset Management Announce a Constituent Change to The Cushing® 30 MLP Index” and published on July 13, 2018 is yet another important article.

EQT Midstream Partners, LP (NYSE:EQM) Institutional Positions Chart

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