Wealthsource Partners LLC purchased a new stake in shares of QEP Resources during the third quarter worth approximately $406,000. The stock increased 2.44% or $0.35 during the last trading session, reaching $14.7. About 4.07M shares traded. This buyback authorization permits the pipeline company to repurchase shares of its stock through open market purchases. At the end of 2017Q4, the 2.61 million shares of the energy company held by the institutional investor were valued at $25.01 million, up from 1.17M at the end of the previous reported quarter. The company has market cap of $2.88 billion.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. About 7.38 million shares traded or 10.18% up from the average.
QEP Resources, Inc. (QEP) has year to date performance of 17.76% and weekly performance of 15.12%. QEP underperformed by 34.33% the S&P500.
Geode Capital Management Llc, which manages about $294.47B US Long portfolio, decreased its stake in Prestige Brands Holdings Inc (NYSE:PBH) by 21,645 shares to 455,658 shares, valued at $20.24M in 2017Q4, according to the filing. It also reduced its holding in Pfizer Inc (NYSE:PFE) by 21,849 shares in the quarter, leaving it with 234,567 shares, and cut its stake in 3M Co (NYSE:MMM). Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. Goldman Sachs downgraded Genuine Parts Company (NYSE:GPC) on Wednesday, September 30 to "Sell" rating. Jefferies maintained RadNet, Inc.
Investors sentiment decreased to 1.03 in Q4 2017. The pipeline company reported $1.13 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.07) by $1.20.
Several institutional investors have recently bought and sold shares of QEP. Funds hold 207.43 million shares thus 5.41% less from 2017Q3's 219.29 million shares. Moreover, Axa has 0% invested in QEP Resources, Inc. (NYSE:QEP) for 583,517 shares. Thrivent For Lutherans, a Minnesota-based fund reported 52,036 shares. Gardner Lewis Asset Management Lp reported 183,673 shs or 0.15% of all its holdings. Fdx Advisors Inc, California-based fund reported 19,770 shares. On Tuesday, November 14 BMO Capital Markets maintained QEP Resources, Inc. (NYSE:QEP). Rothschild Asset Mngmt owns 627,139 shares for 0.06% of their portfolio. Oakbrook Invests Ltd Liability Co holds 20,300 shares. On Tuesday, February 6 SunTrust maintained QEP Resources, Inc.
2 killed, over 300 buildings damaged in Indonesia natural disaster
A statement from the National Rescue Agency said: "Victims were killed or injured by falling buildings". He explained more than 200 soldiers and personnel had been drafted in for the search-and-rescue effort.
Brokerages Set VMware, Inc. (VMW) Price Target at $131.08
The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses. A total volume of 14.02 million shares were traded unusually versus to average volume of 27.96 million shares. ( NYSE : VMW ).
Moneysupermarket.com (LON:MONY) Given Buy Rating at Peel Hunt
Also, the number of funds holding Exponent Inc in top ten stock positions decreased from 1 to 0 for a decrease of 1. Boohoo.com stock traded down GBX 6.05 ($0.09) during mid-day trading on Wednesday, reaching GBX 149.45 ($2.14).
Several equities analysts have recently commented on QEP shares. Analysts anticipate that QEP Resources will post ($0.75) EPS for the current fiscal year. Regent Mgmt Limited Liability Corp holds 0.1% or 3,165 shares.
QEP Resources, Inc. had 0 insider sales and 1 insider purchase since March 8, 2018. Qep Resources (NYSE:QEP)'s price to sales ratio for trailing twelve month stands at 1.71, whereas its price to book ratio for the most recent quarters is at 0.73. Rhumbline Advisers grew its position in Qep Resources by 8.9% during the 3rd quarter. Commonwealth Of Pennsylvania Public School Empls Retrmt System owns 73,194 shares or 0.01% of their United States portfolio. Advisory Network Ltd Limited Liability Company stated it has 381 shs.
In other Qep Resources news, Director David A. Trice purchased 10,000 shares of the company's stock in a transaction on Thursday, March 8th.
Currently, the 14-day ADX for Qep Resources (NYSE:QEP) is sitting at 22.92.
Taking a broader look at the analyst consensus, brokerage firms have a price target of $13.56 on Qep Resources (NYSE:QEP). Therefore 54% are positive. 42% are bullish. 19 are the (NYSE:QEP)'s analyst reports since October 19, 2017 according to StockzIntelligence Inc. The stock has "Outperform" rating by FBR Capital on Tuesday, January 3. (NYSE:QEP) on Monday, March 5 with "Neutral" rating. The company was initiated on Thursday, March 23 by UBS. BMO Capital Markets maintained the shares of QEP in report on Thursday, January 11 with "Buy" rating. The momentum exemplifies both rising and falling rates of the Price in the stock market. As per Tuesday, April 12, the company rating was initiated by JP Morgan. Market capitalization refers to the entire dollar market cost of a company's outstanding shares. The firm earned "Sell" rating on Monday, December 11 by Credit Suisse.
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 daily email newsletter.
Recommended News
-
19 April 2018Brutal homecoming for cat who walked 19km to get back to family
Toby's story sparked outrage online, as animal lovers angrily reacted to the family that wanted to have the cat put to sleep. According to the SPCA, Toby was welcomed into a new home with three siblings - two human and one feline.Keep Your Eyes on Healthcare Stock: Boston Scientific Corporation (BSX)
It worsened, as 94 investors sold MRK shares while 631 reduced holdings. 174 rose positions while 86 funds acquired positions. Swiss National Bank & Trust has 5.69M shares for 0.15% of their portfolio. 23,298 were reported by Clinton Gru. ( NYSE :MRK).One Stock for Low Risk Investors: Turtle Beach Corporation (HEAR)
One can easily calculate and measure stock using moving average charts, diagrams and commanding visual trend-spotting tool. Active investors purchase investments and continuously monitor their activity in order to exploit profitable conditions. -
19 April 2018Unai Emery: PSG boss still focused on club amid Real Sociedad speculation
They report that the Ligue 1 side - who were previously unwilling to consider a sale - are now coming around to the idea of letting the Brazil star go.
19 April 2018Estee Lauder Companies Inc (EL) Lowered by Zacks Investment Research to Sell
The Southern Company had 75 analyst reports since July 21, 2015 according to SRatingsIntel. (NYSE:EL) on Thursday, February 15. The First Republic Investment Management Inc holds 44,641 shares with $5.68 million value, up from 30,303 last quarter.Uranium Energy Corp. (UEC)
According to Wilder, any number above 70 should be considered overbought and any number below 30 should be considered oversold. The blue-chip average ended fractionally below its 50-day moving average, which it hasn't closed above since March 9. -
19 April 2018Board of Fortis Healthcare to consider various proposals for investment proposals
Board members and shareholders will be evaluating if Fortis' many suitors have what it takes to walk the path fraught with risk. According to reports, a group of minority shareholders have called for the removal of four directors from the board.
19 April 2018Arsenal line up club legend to replace Arsene Wenger
Vieira, who finished his playing days at Manchester City, is now the manager of City's sister club NYCFC over in the MLS. Arsenal, who are 14 points adrift of fourth-placed Tottenham in the Premier League , face West Ham at home on Sunday.Check Capital Management INC Decreased Stake in Suncor (SU)
According to 2017Q4 Securities and Exchange form the Check Capital Management Inc reduced its holdings in Suncor (SU) by 52.39%. TD Securities upgraded Suncor Energy from a hold rating to a buy rating in a report on Friday, February 9th. -
19 April 2018Cal/OSHA Reportedly Investigating Tesla Over Factory Safety
California requires employers to electronically submit what it calls Log 300 records of injuries and illnesses. For over a year, the United Auto Workers union has been trying to organize Fremont workers.
19 April 2018K9 of fallen Yarmouth officer returns home from hospital
One by one, K-9 officers saluted with their right hands, holding their dogs with their left, in tribute to one of their own. His funeral, which was not broadcast at the request of the family, was followed by a procession to a private burial.
19 April 2018England ban on plastic straws and cotton buds proposed
The government signalled its intention to work with industry to develop alternatives and ensure a minimum of disruption to businesses.
