Hite Hedge Asset Management Boosted Eqt (EQT) Holding; Emerging Sovereign Group Lowered Yandex N V (YNDX) Stake

June 24, 2018 - By Lawrence Diaz

Yandex N.V. (NASDAQ:YNDX) Logo

Hite Hedge Asset Management Llc increased Eqt Corp (EQT) stake by 137.37% reported in 2018Q1 SEC filing. Hite Hedge Asset Management Llc acquired 277,737 shares as Eqt Corp (EQT)’s stock declined 4.32%. The Hite Hedge Asset Management Llc holds 479,916 shares with $22.80M value, up from 202,179 last quarter. Eqt Corp now has $14.24B valuation. The stock decreased 4.06% or $2.27 during the last trading session, reaching $53.68. About 6.73 million shares traded or 140.84% up from the average. EQT Corporation (NYSE:EQT) has declined 10.80% since June 24, 2017 and is downtrending. It has underperformed by 23.37% the S&P500. Some Historical EQT News: 30/04/2018 – EQT AB: EQT to sell global industrial automation company Piab; 10/04/2018 – EQT SAYS TRANSACTION IS EXPECTED TO CLOSE IN MAY 2018; 15/03/2018 – EQT CORP – SCHLOTTERBECK HAS ALSO RESIGNED FROM CO’S BOARD; 16/05/2018 – EQT TO SELL MEDTECH COMPANY HTL-STREFA; 26/04/2018 – US natural gas producer EQT to sell midstream assets; 15/03/2018 – EQT CORP – STEVEN SCHLOTTERBECK, PRESIDENT AND CHIEF EXECUTIVE OFFICER, HAS RESIGNED; 08/03/2018 – EQT HOLDINGS LTD EQT.AX – PARTIES HAVE AGREED NOT TO DISCLOSE TRANSACTION VALUE; 26/04/2018 – GULFPORT ENERGY – NO IMPACT TO GULFPORT’S MIDSTREAM GATHERING & PROCESSING EXPENSE EXPECTED DUE TO TRANSACTION WITH EQT MIDSTREAM PARTNERS; 15/03/2018 – EQT CEO Resigns After One Year; 27/04/2018 – EQT AB: EQT Infrastructure to sell IslaLink to Fiera Infrastructure

Emerging Sovereign Group Llc decreased Yandex N V (YNDX) stake by 50.18% reported in 2018Q1 SEC filing. Emerging Sovereign Group Llc sold 1.21M shares as Yandex N V (YNDX)’s stock declined 20.74%. The Emerging Sovereign Group Llc holds 1.20 million shares with $47.30M value, down from 2.41M last quarter. Yandex N V now has $11.67 billion valuation. The stock increased 0.54% or $0.19 during the last trading session, reaching $35.55. About 1.90M shares traded. Yandex N.V. (NASDAQ:YNDX) has risen 19.66% since June 24, 2017 and is uptrending. It has outperformed by 7.09% the S&P500. Some Historical YNDX News: 29/05/2018 – Yandex Announces Expansion of Alice Intelligent Assistant Ecosystem with new Smart Speaker and Skills Platform; 29/05/2018 – Russian search giant Yandex has launched its own home assistant smart speaker as it looks to take on the likes of the Amazon Echo and Google Home; 22/05/2018 – Boundless Introduces New Lightweight, Portable, Offline Basemap Server; 27/04/2018 – SBERBANK, YANDEX CLOSE YANDEX.MARKET DEAL; 07/03/2018 Boundless to Host Roundtable Webinar on Boundless Server Enterprise; 27/04/2018 – SBERBANK, YANDEX HEADLINES PUBLISHED IN ERROR; 25/04/2018 – YANDEX 1Q REV. $464.0M; 25/04/2018 – YANDEX – CURRENTLY EXPECT CONSOLIDATED RUBLE-BASED REVENUE TO GROW IN THE RANGE OF 28% TO 32% FOR THE FULL YEAR 2018 COMPARED WITH 2017; 04/04/2018 – YNDX, MA, FB: #NewsSatellite Russians will be able to transfer money via instant messengers; 30/05/2018 – Boundless to Host Upcoming Roundtable Webinar on Boundless Anywhere

Among 11 analysts covering Yandex N.V. (NASDAQ:YNDX), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. Yandex N.V. had 25 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was upgraded by Citigroup on Thursday, March 29 to “Buy”. Morgan Stanley upgraded the shares of YNDX in report on Tuesday, November 17 to “Overweight” rating. The stock of Yandex N.V. (NASDAQ:YNDX) has “Buy” rating given on Wednesday, October 25 by Deutsche Bank. Standpoint Research downgraded the shares of YNDX in report on Friday, April 7 to “Hold” rating. The stock has “Buy” rating by Raiffeisen on Monday, October 12. As per Monday, July 18, the company rating was initiated by HSBC. The firm has “Buy” rating given on Thursday, April 19 by Deutsche Bank. The firm has “Overweight” rating by JP Morgan given on Thursday, April 26. The firm has “Buy” rating by Deutsche Bank given on Friday, July 14. On Monday, June 18 the stock rating was maintained by Bank of America with “Buy”.

Analysts await Yandex N.V. (NASDAQ:YNDX) to report earnings on July, 27. They expect $0.25 earnings per share, up 25.00% or $0.05 from last year’s $0.2 per share. YNDX’s profit will be $82.07 million for 35.55 P/E if the $0.25 EPS becomes a reality. After $0.21 actual earnings per share reported by Yandex N.V. for the previous quarter, Wall Street now forecasts 19.05% EPS growth.

Emerging Sovereign Group Llc increased Cemex Sab De Cv (NYSE:CX) stake by 4.80M shares to 6.74M valued at $44.61M in 2018Q1. It also upped Ctrip Com Intl Ltd (NASDAQ:CTRP) stake by 234,789 shares and now owns 1.41M shares. Hdfc Bank Ltd (NYSE:HDB) was raised too.

More recent Yandex N.V. (NASDAQ:YNDX) news were published by: Globenewswire.com which released: “Yandex Announces Board Authorization of a Share Repurchase Program” on June 11, 2018. Also Globenewswire.com published the news titled: “Yandex Launches Yandex.Plus Subscription Service” on May 29, 2018. Nasdaq.com‘s news article titled: “The ‘Netflix of China’ — iQiyi, Inc — Is a Long Way From Becoming Disney” with publication date: June 08, 2018 was also an interesting one.

Investors sentiment decreased to 1.15 in Q1 2018. Its down 1.30, from 2.45 in 2017Q4. It fall, as 62 investors sold EQT shares while 140 reduced holdings. 71 funds opened positions while 161 raised stakes. 221.16 million shares or 2.70% less from 227.29 million shares in 2017Q4 were reported. 13.63M were reported by State Street Corp. Next Finance Gru holds 0.05% or 5,070 shares in its portfolio. Bank Of America Corporation De accumulated 1.26M shares or 0.01% of the stock. Perella Weinberg Prtnrs Cap Mngmt Ltd Partnership owns 147,210 shares or 0.31% of their US portfolio. Moreover, Tarbox Family Office Inc has 0% invested in EQT Corporation (NYSE:EQT) for 10 shares. The Minnesota-based Sit Invest Assocs has invested 0.01% in EQT Corporation (NYSE:EQT). Tudor Invest Corporation Et Al invested 0.12% in EQT Corporation (NYSE:EQT). Oz LP has 1.99 million shares. 23,327 were reported by New Mexico Educational Retirement Board. Gabelli Funds Lc, a New York-based fund reported 51,000 shares. State Board Of Administration Of Florida Retirement System has 0.04% invested in EQT Corporation (NYSE:EQT). Westchester Cap Mngmt Limited Liability Company stated it has 0.01% in EQT Corporation (NYSE:EQT). Comerica Bankshares, Michigan-based fund reported 318,908 shares. Highbridge Mngmt Limited Com has invested 0.13% of its portfolio in EQT Corporation (NYSE:EQT). Clinton Gru has invested 0.03% in EQT Corporation (NYSE:EQT).

Among 22 analysts covering EQT Corporation (NYSE:EQT), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. EQT Corporation had 88 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, July 28 by RBC Capital Markets. BMO Capital Markets downgraded EQT Corporation (NYSE:EQT) rating on Wednesday, January 11. BMO Capital Markets has “Market Perform” rating and $73 target. BMO Capital Markets maintained the shares of EQT in report on Monday, February 26 with “Buy” rating. The rating was downgraded by SunTrust on Thursday, February 25 to “Neutral”. The company was upgraded on Friday, July 14 by Howard Weil. The firm has “Overweight” rating by JP Morgan given on Thursday, October 12. The stock of EQT Corporation (NYSE:EQT) earned “Outperform” rating by Cowen & Co on Tuesday, July 21. The company was maintained on Wednesday, October 18 by Morgan Stanley. The firm has “Hold” rating by Jefferies given on Monday, August 14. The firm has “Buy” rating given on Wednesday, February 3 by GMP Securities.

Another recent and important EQT Corporation (NYSE:EQT) news was published by Bizjournals.com which published an article titled: “State’s shale impact fee totals $209M for 2017” on June 21, 2018.

Hite Hedge Asset Management Llc decreased Suburban Propane Partners L (NYSE:SPH) stake by 32,848 shares to 618,967 valued at $13.62 million in 2018Q1. It also reduced Kimbell Rty Partners Lp stake by 21,448 shares and now owns 114,566 shares. Antero Midstream Partners Lp (NYSE:AM) was reduced too.

Since January 1, 2018, it had 5 buys, and 0 insider sales for $292,824 activity. Szydlowski Norman J had bought 151 shares worth $8,595 on Monday, January 1. $31,761 worth of stock was bought by Cary A. Bray Jr. on Monday, January 1. McNally Robert Joseph bought $204,720 worth of stock or 4,000 shares.

EQT Corporation (NYSE:EQT) Institutional Positions Chart

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