Wesbanco Bank INC Has Lowered Eqt Corp (EQT) Holding as Share Value Declined

Investors sentiment decreased to 0.99 in 2018 Q2. Its down 0.16, from 1.15 in 2018Q1. It worsened, as 58 investors sold EQT shares while 148 reduced holdings. 60 funds opened positions while 143 raised stakes. 231.14 million shares or 4.51% more from 221.16 million shares in 2018Q1 were reported. Bryn Mawr Trust invested in 64,643 shares or 0.2% of the stock. Texas Yale Capital holds 0.18% or 37,000 shares. Ent Services has invested 0% in EQT Corporation (NYSE:EQT). State Treasurer State Of Michigan holds 0.03% or 74,670 shares. Thompson Rubinstein Invest Inc Or holds 1.36% or 73,855 shares. Deutsche Bancorporation Ag accumulated 515,805 shares or 0.02% of the stock. Schwab Charles Investment Mgmt owns 0.04% invested in EQT Corporation (NYSE:EQT) for 945,812 shares. Connor Clark Lunn Inv Mgmt has 0.08% invested in EQT Corporation (NYSE:EQT). Cannell Peter B And Co invested in 180,775 shares or 0.37% of the stock. Gabelli Funds Ltd reported 0.01% of its portfolio in EQT Corporation (NYSE:EQT). 1.06M were reported by Key Gru (Cayman). California Public Employees Retirement Systems reported 0.03% stake. Northwestern Mutual Wealth has invested 0% in EQT Corporation (NYSE:EQT). Gulf State Bank (Uk) Limited holds 0.05% of its portfolio in EQT Corporation (NYSE:EQT) for 79,052 shares. Qs Ltd Llc invested in 26,155 shares or 0.01% of the stock.

Since June 6, 2018, it had 16 insider purchases, and 0 selling transactions for $2.85 million activity. Shares for $49,817 were bought by Lushko Jonathan M.. $175,200 worth of EQT Corporation (NYSE:EQT) was bought by Centofanti Erin R.. The insider ROHR JAMES E bought 10,000 shares worth $346,600. $539,728 worth of stock was bought by McNally Robert Joseph on Wednesday, October 31. Smith David Joseph had bought 10,000 shares worth $163,300. Szydlowski Norman J had bought 385 shares worth $21,244 on Monday, July 2.

Wesbanco Bank Inc decreased its stake in Eqt Corp (EQT) by 57.38% based on its latest 2018Q2 regulatory filing with the SEC. Wesbanco Bank Inc sold 116,813 shares as the company’s stock declined 16.94% while stock markets rallied. The institutional investor held 86,772 shares of the oil & gas production company at the end of 2018Q2, valued at $4.79 million, down from 203,585 at the end of the previous reported quarter. Wesbanco Bank Inc who had been investing in Eqt Corp for a number of months, seems to be less bullish one the $4.58B market cap company. The stock decreased 1.42% or $0.26 during the last trading session, reaching $17.99. About 5.85 million shares traded. EQT Corporation (NYSE:EQT) has declined 24.20% since December 7, 2017 and is downtrending. It has underperformed by 39.82% the S&P500.

Wesbanco Bank Inc, which manages about $900.26M and $1.93 billion US Long portfolio, upped its stake in Eog Resources Inc (NYSE:EOG) by 51,731 shares to 151,223 shares, valued at $18.82 million in 2018Q2, according to the filing. It also increased its holding in Dollar Tree (NASDAQ:DLTR) by 59,957 shares in the quarter, for a total of 79,381 shares, and has risen its stake in Spirit Aerosystems Holdings (NYSE:SPR).

Analysts await EQT Corporation (NYSE:EQT) to report earnings on February, 21. They expect $0.63 EPS, down 17.11 % or $0.13 from last year’s $0.76 per share. EQT’s profit will be $160.28M for 7.14 P/E if the $0.63 EPS becomes a reality. After $0.35 actual EPS reported by EQT Corporation for the previous quarter, Wall Street now forecasts 80.00 % EPS growth.

More notable recent EQT Corporation (NYSE:EQT) news were published by: Prnewswire.com which released: “Jack Henry & Associates Set to Join S&P 500; EQT, Equitrans Midstream, MasTec to Join S&P MidCap 400; Superior Energy Services, United Natural Foods to Join S&P SmallCap 600 – PR Newswire” on November 07, 2018, also Fool.com with their article: “This Recently Created High-Yield Stock Is Worth Putting on Your Watchlist – The Motley Fool” published on December 02, 2018, Fool.com published: “Why These Natural Gas Stocks Plunged in November – The Motley Fool” on December 04, 2018. More interesting news about EQT Corporation (NYSE:EQT) were released by: Fool.com and their article: “Here’s How EQT Corporation Stock Fell 46% Today but Investors Didn’t Really Lose 46% – The Motley Fool” published on November 13, 2018 as well as Businesswire.com‘s news article titled: “EQT Completes Separation of Midstream Business, Begins New Chapter as Focused Industry Leader – Business Wire” with publication date: November 13, 2018.

EQT Corporation (NYSE:EQT) Ratings Coverage

Among 10 analysts covering EQT Corporation (NYSE:EQT), 5 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. EQT Corporation has $7000 highest and $12 lowest target. $39.33’s average target is 118.62% above currents $17.99 stock price. EQT Corporation had 15 analyst reports since June 13, 2018 according to SRatingsIntel. Morgan Stanley downgraded EQT Corporation (NYSE:EQT) on Wednesday, November 14 to “Underweight” rating. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, October 12. As per Wednesday, October 24, the company rating was reinitiated by Wells Fargo. On Tuesday, November 20 the stock rating was upgraded by Goldman Sachs to “Buy”. Morgan Stanley maintained it with “Equal-Weight” rating and $45 target in Wednesday, September 26 report. The stock of EQT Corporation (NYSE:EQT) has “Equal-Weight” rating given on Thursday, July 12 by Morgan Stanley. The rating was maintained by RBC Capital Markets with “Buy” on Friday, November 23. The firm has “Hold” rating given on Tuesday, September 18 by Jefferies. The rating was maintained by Morgan Stanley on Thursday, August 16 with “Equal-Weight”. BMO Capital Markets downgraded EQT Corporation (NYSE:EQT) on Friday, October 26 to “Market Perform” rating.

EQT Corporation (NYSE:EQT) Institutional Positions Chart

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