Evergreen Capital Management LLC Increased Position in Eqt Midstream Partners LP (EQM)

July 14, 2018 - By Marguerite Chambers

Investors sentiment increased to 1.17 in Q1 2018. Its up 0.18, from 0.99 in 2017Q4. It increased, 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. Hall Laurie J Trustee holds 0.02% of its portfolio in EQT Midstream Partners, LP (NYSE:EQM) for 600 shares. Linscomb Williams holds 0.02% or 4,494 shares. Ballentine Prtn Limited Liability invested in 3,990 shares or 0.01% of the stock. Harvest Fund Advisors Ltd Liability Corp has 1.31% invested in EQT Midstream Partners, LP (NYSE:EQM). Janney Montgomery Scott owns 0.03% invested in EQT Midstream Partners, LP (NYSE:EQM) for 56,292 shares. Invesco Limited invested in 89,959 shares. Horizon Investment Service Ltd Liability Corp owns 4,179 shares. Davis Selected Advisers has 329,755 shares. Signaturefd Limited Liability Company reported 0.02% stake. Dearborn Prtn Limited Co has invested 0.02% in EQT Midstream Partners, LP (NYSE:EQM). Highstreet Asset Management accumulated 434 shares or 0% of the stock. Barclays Public Limited Company has 233,213 shares. Stone Run Capital Ltd Liability Co stated it has 19,600 shares. Oppenheimer Asset Mgmt has 6,731 shares. Cincinnati Ins Co invested in 33,220 shares.

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 $4.71 billion market cap company. The stock increased 0.55% or $0.3 during the last trading session, reaching $54.41. About 476,772 shares traded. EQT Midstream Partners, LP (NYSE:EQM) has declined 25.17% since July 14, 2017 and is downtrending. It has underperformed by 37.74% the S&P500.

Evergreen Capital Management Llc, which manages about $1.04B US Long portfolio, decreased its stake in Gilead Sciences Inc (NASDAQ:GILD) by 40,475 shares to 11,710 shares, valued at $883,000 in 2018Q1, according to the filing. It also reduced its holding in Nextera Energy Partners Lp (NYSE:NEP) by 148,725 shares in the quarter, leaving it with 145,905 shares, and cut its stake in Ishares Tr (LQD).

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) Ratings Coverage

Among 10 analysts covering EQT Midstream (NYSE:EQM), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. EQT Midstream has $90 highest and $64 lowest target. $75.11’s average target is 38.04% above currents $54.41 stock price. EQT Midstream had 16 analyst reports since January 16, 2018 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $83 target in Tuesday, February 27 report. On Wednesday, July 11 the stock rating was maintained by Barclays Capital with “Overweight”. Bank of America downgraded EQT Midstream Partners, LP (NYSE:EQM) on Wednesday, March 21 to “Neutral” rating. The stock of EQT Midstream Partners, LP (NYSE:EQM) earned “Overweight” rating by Morgan Stanley on Friday, March 16. On Monday, February 12 the stock rating was downgraded by RBC Capital Markets to “Hold”. The firm has “Buy” rating by JonesTrading given on Wednesday, April 25. The firm earned “Buy” rating on Tuesday, January 16 by RBC Capital Markets. Morgan Stanley maintained the shares of EQM in report on Friday, April 27 with “Overweight” rating. The firm has “Buy” rating given on Monday, April 30 by Wells Fargo. The firm has “Buy” rating given on Wednesday, January 17 by Stifel Nicolaus.

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

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