Eqt Midstream Partners LP (EQM) Shareholder Evergreen Capital Management LLC Has Lifted Stake by $10.45 Million

July 27, 2018 - By Catherine Diaz

Investors sentiment increased to 1.17 in 2018 Q1. Its up 0.18, from 0.99 in 2017Q4. It improved, as 29 investors sold EQM 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. Ftb Advsrs Inc holds 826 shares. Wells Fargo & Mn has invested 0% in EQT Midstream Partners, LP (NYSE:EQM). Jpmorgan Chase And Co invested in 1.95 million shares or 0.02% of the stock. Westwood Hldgs Gru stated it has 0.51% of its portfolio in EQT Midstream Partners, LP (NYSE:EQM). Sei Invs stated it has 113,038 shares or 0.03% of all its holdings. Virtu Ltd Liability Com holds 8,832 shares or 0.03% of its portfolio. Citigroup, New York-based fund reported 50,242 shares. Fdx reported 5,360 shares. Atlantic Tru Ltd Llc reported 86,849 shares. Mariner Ltd Com owns 44,767 shares or 0.09% of their US portfolio. State Of New Jersey Common Pension Fund D holds 161,400 shares or 0.04% of its portfolio. Spinnaker stated it has 6,530 shares. Midas Mgmt Corporation reported 44,500 shares stake. Jennison Associates Limited Com holds 287,692 shares or 0.02% of its portfolio. Janney Montgomery Scott Limited Co reported 0.03% in EQT Midstream Partners, LP (NYSE:EQM).

Since May 29, 2018, it had 1 buy, and 0 selling transactions for $55,530 activity.

Evergreen Capital Management Llc increased its stake in Eqt Midstream Partners Lp (EQM) by 167.11% based on its latest 2018Q1 regulatory filing with the SEC. Evergreen Capital Management Llc bought 177,175 shares as the company’s stock declined 8.77% with the market. The institutional investor held 283,195 shares of the public utilities company at the end of 2018Q1, valued at $16.72M, up from 106,020 at the end of the previous reported quarter. Evergreen Capital Management Llc who had been investing in Eqt Midstream Partners Lp for a number of months, seems to be bullish on the $6.55B market cap company. The stock increased 0.48% or $0.26 during the last trading session, reaching $54.37. About 964,571 shares traded or 55.78% up from the average. EQT Midstream Partners, LP (NYSE:EQM) has declined 25.17% since July 27, 2017 and is downtrending. It has underperformed by 37.74% the S&P500.

Evergreen Capital Management Llc, which manages about $1.04 billion US Long portfolio, decreased its stake in Wells Fargo Co New (NYSE:WFC) by 62,050 shares to 16,721 shares, valued at $876,000 in 2018Q1, according to the filing. It also reduced its holding in Gilead Sciences Inc (NASDAQ:GILD) by 40,475 shares in the quarter, leaving it with 11,710 shares, and cut its stake in Ishares Tr (LQD).

More recent EQT Midstream Partners, LP (NYSE:EQM) news were 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. Also Seekingalpha.com published the news titled: “EQT Midstream Partners, LP (EQM) Q2 2018 Results – Earnings Call Transcript” on July 26, 2018. Seekingalpha.com‘s news article titled: “41 ‘Safer’ Dividend Champions, Contenders, And Challengers Show Positive Annual Returns And Cash To Cover Their …” with publication date: July 19, 2018 was also an interesting one.

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

Among 10 analysts covering EQT Midstream (NYSE:EQM), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. EQT Midstream has $89.0 highest and $64 lowest target. $72.56’s average target is 33.46% above currents $54.37 stock price. EQT Midstream had 15 analyst reports since February 12, 2018 according to SRatingsIntel. The stock has “Buy” rating by Seaport Global on Monday, April 9. The stock of EQT Midstream Partners, LP (NYSE:EQM) earned “Buy” rating by JonesTrading on Wednesday, April 25. Barclays Capital maintained it with “Overweight” rating and $68 target in Tuesday, April 17 report. As per Friday, March 16, the company rating was maintained by Morgan Stanley. On Tuesday, February 27 the stock rating was maintained by Barclays Capital with “Overweight”. As per Wednesday, July 11, the company rating was maintained by Barclays Capital. Wells Fargo maintained the shares of EQM in report on Monday, April 30 with “Buy” rating. The firm earned “Buy” rating on Thursday, February 15 by Stifel Nicolaus. The rating was maintained by Morgan Stanley on Friday, April 27 with “Overweight”. On Wednesday, February 21 the stock rating was maintained by Wells Fargo with “Outperform”.

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

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