EQT Midstream Partners (NYSE:EQM) Cut to "Strong Sell" at ValuEngine

The stock decreased 0.90% or $0.62 during the last trading session, reaching $68.42. About 433,463 shares traded. Eqt Midstream Partners Lp now has $4.16B valuation. The stock underperformed the S&P500 by 50.28%.

Dodge & Cox increased its stake in Liberty Interactive Corp Qvc G (QVCA) by 1.72% based on its latest 2017Q4 regulatory filing with the SEC. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.03. This is a boost from EQT Midstream Partners's previous quarterly dividend of $1.03. About 4,100 shares traded. More interesting news about Summit Midstream Partners, LP (NYSE:SMLP) was released by: Seekingalpha.com and their article: "Summit Midstream Partners' (SMLP) CEO Steve Newby on Q1 2018 Results - Earnings Call Transcript" with publication date: May 04, 2018. It has underperformed by 27.43% the S&P500.

Big Money Sentiment decreased to 0.99 in 2017 Q4. Its down 0.14, from 0.9 in 2017Q3. 19 investors sold all, 65 reduced holdings as EQM ratio worsened. 26 funds amassed positions and 57 increased positions. Nelson Van Denburg & Campbell Wealth Mngmt Lc, a Nebraska-based fund reported 4,671 shares. Westwood Hldgs Grp Inc has 0.06% invested in Summit Midstream Partners, LP (NYSE:SMLP) for 417,558 shs. 17,754 are owned by Diversified Trust.

Summit Midstream Partners, LP focuses on owning, developing, and operating midstream energy infrastructure assets primarily shale formations in North America.The firm is valued at $1.13 billion. The firm primarily invests in companies who are pioneering new applications that leverage and commercialize blockchain technologies and financial technology including Bitcoins, Internet of Things, wallets, payment gateways, exchanges, security solutions, applications, and financial services. 15,020 were accumulated by Natl Asset Management. Nuveen Asset Ltd Co invested 0% of its portfolio in EQT Midstream Partners, LP (NYSE:EQM). Metropolitan Life Com Ny holds 0.15% or 150,238 shares in its portfolio. EQT Midstream Partners has a 12-month low of $51.55 and a 12-month high of $52.00. First Allied Advisory invested in 21,051 shares or 0.06% of the stock. Engy Income Ptnrs Limited Liability Com holds 3.40M shares or 4.27% of its portfolio. Finally, State of New Jersey Common Pension Fund D lifted its stake in shares of EQT Midstream Partners by 10.9% during the 1st quarter. The Company's lead product candidate is AM0010, a long acting form of human interleukin-10 that is in Phase III randomized pivotal clinical trial for the treatment of pancreatic ductal adenocarcinoma.

More important recent Summit Midstream Partners, LP (NYSE:SMLP) news were published by: Seekingalpha.com which released: "Mispriced Midstream MLP With 15% Yield Plus Upside" on May 08, 2018, also Prnewswire.com published article titled: "Summit Midstream Partners, LP Announces First Quarter 2018 Distribution and Schedules First Quarter 2018 Earnings ...", Nasdaq.com published: "Investor Expectations to Drive Momentum within Banc of California, Alarm, Consolidated Edison, Summit Midstream ..." on April 23, 2018. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the stock. Zacks Investment Research cut shares of EQT Midstream Partners from a "hold" rating to a "sell" rating in a research report on Thursday, January 18th. In a research report sent to investors on Friday, 11 May, BP Midstream Partners LP Common Units representing Limited Partner Interests (BPMP) shares have had their Equal-Weight Rating restate by research professionals at Barclays. On Tuesday, February 27 Barclays Capital maintained EQT Midstream Partners, LP (NYSE:EQM) rating. Summit Midstream Partners has a 1-year low of $13.10 and a 1-year high of $24.75. EnLink Midstream Partners now has a consensus rating of "Hold" and an average target price of $16.62. Morgan Stanley maintained the stock with "Overweight" rating in Friday, March 16 report. The stock rating was downgraded by Wells Fargo to "Hold" on Monday, May 7. The firm has "Overweight" rating by Barclays Capital given on Tuesday, April 17. SunTrust maintained Summit Midstream Partners, LP (NYSE:SMLP) rating on Monday, January 29. 12,935 shares valued at $478,595 were sold by McQuade Daniel P on Tuesday, March 13. Therefore 39% are positive. The rating was initiated by JonesTrading with "Buy" on Wednesday, April 25. On Friday, February 2 the company was maintained by Barclays Capital. Robert W. Baird maintained AT&T Inc. RBC Capital Markets has "Buy" rating and $84.0 target. Wells Fargo & Company MN now owns 63,285 shares of the pipeline company's stock worth $1,298,000 after buying an additional 12,634 shares in the last quarter.