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As Eqt (EQT) Market Valuation Declined, Shareholder Advisory Research Boosted Stake; Carlson Capital LP Has Lowered Position in Bank Amer (BAC) as Share Price Declined

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Clint Carlson decreased its stake in Bank Amer Corp (BAC) by 63.68% based on its latest 2017Q4 regulatory filing with the SEC. Carlson Capital LP sold 702,607 shares as the company’s stock declined 1.20% with the market. The hedge fund run by Clint Carlson held 400,802 shares of the major banks company at the end of 2017Q4, valued at $11.83 million, down from 1.10 million at the end of the previous reported quarter. Carlson Capital LP who had been investing in Bank Amer Corp for a number of months, seems to be less bullish one the $308.66 billion market cap company. The stock increased 0.87% or $0.26 during the last trading session, reaching $30.19. About 27.19 million shares traded. Bank of America Corporation (NYSE:BAC) has risen 28.18% since April 17, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Advisory Research Inc increased its stake in Eqt Corporation (EQT) by 3.47% based on its latest 2017Q4 regulatory filing with the SEC. Advisory Research Inc bought 13,432 shares as the company’s stock declined 13.36% with the market. The hedge fund held 400,199 shares of the oil & gas production company at the end of 2017Q4, valued at $22.78 million, up from 386,767 at the end of the previous reported quarter. Advisory Research Inc who had been investing in Eqt Corporation for a number of months, seems to be bullish on the $13.04 billion market cap company. The stock increased 0.62% or $0.31 during the last trading session, reaching $49.31. About 230,666 shares traded. EQT Corporation (NYSE:EQT) has declined 19.22% since April 17, 2017 and is downtrending. It has underperformed by 30.77% the S&P500.

Advisory Research Inc, which manages about $11.47 billion and $6.04 billion US Long portfolio, decreased its stake in Abiomed (NASDAQ:ABMD) by 9,344 shares to 3,375 shares, valued at $633,000 in 2017Q4, according to the filing. It also reduced its holding in Phillips (NYSE:PVH) by 4,784 shares in the quarter, leaving it with 4,771 shares, and cut its stake in Xpo Logistics Inc (NYSE:XPO).

Investors sentiment increased to 2.45 in Q4 2017. Its up 1.37, from 1.08 in 2017Q3. It improved, as 39 investors sold EQT shares while 88 reduced holdings. 92 funds opened positions while 219 raised stakes. 227.29 million shares or 22.97% more from 184.83 million shares in 2017Q3 were reported. Atria Ltd has 5,940 shares for 0.02% of their portfolio. Tokio Marine Asset Mgmt Limited, Japan-based fund reported 10,900 shares. Quantum Cap Management has invested 1.87% in EQT Corporation (NYSE:EQT). Guggenheim Cap Ltd invested in 0.09% or 703,477 shares. Firefly Value Ltd Partnership owns 5.1% invested in EQT Corporation (NYSE:EQT) for 1.31M shares. Everence Cap Management reported 0.17% in EQT Corporation (NYSE:EQT). Avalon Advisors Llc accumulated 0.02% or 11,264 shares. Wesbanco Bank & Trust reported 123,361 shares. Cornerstone Capital Mngmt Holding Ltd Liability Co holds 0.02% or 46,030 shares in its portfolio. First Quadrant Lp Ca has 318,393 shares for 0.34% of their portfolio. Goldman Sachs Grp Inc accumulated 4.07M shares. Massmutual Tru Co Fsb Adv owns 100 shares. Louisiana State Employees Retirement has 0.04% invested in EQT Corporation (NYSE:EQT). Wells Fargo And Mn reported 772,862 shares. Moreover, Moore Cap Management LP has 0.06% invested in EQT Corporation (NYSE:EQT).

Since January 1, 2018, it had 4 insider purchases, and 0 sales for $88,104 activity. Shares for $26,511 were bought by Cary A. Bray Jr. on Monday, April 2.

Among 21 analysts covering EQT Corporation (NYSE:EQT), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. EQT Corporation had 83 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained EQT Corporation (NYSE:EQT) rating on Wednesday, December 20. RBC Capital Markets has “Hold” rating and $77.0 target. The company was initiated on Wednesday, February 3 by GMP Securities. The stock of EQT Corporation (NYSE:EQT) earned “Hold” rating by Deutsche Bank on Tuesday, June 14. Stifel Nicolaus maintained it with “Buy” rating and $8500 target in Monday, July 10 report. The stock of EQT Corporation (NYSE:EQT) has “Outperform” rating given on Tuesday, July 21 by Cowen & Co. The rating was maintained by Cowen & Co with “Buy” on Tuesday, September 12. The company was upgraded on Friday, July 14 by Scotia Capital. On Friday, October 6 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Buy” rating given on Friday, September 1 by BMO Capital Markets. The stock has “Hold” rating by Jefferies on Monday, August 14.

Carlson Capital L P, which manages about $20.59B and $5.88B US Long portfolio, upped its stake in American Elec Pwr Inc (NYSE:AEP) by 96,015 shares to 411,737 shares, valued at $30.29M in 2017Q4, according to the filing. It also increased its holding in Nxp Semiconductors N V (NASDAQ:NXPI) by 48,204 shares in the quarter, for a total of 1.89 million shares, and has risen its stake in Arconic Inc.

EQT Corporation (NYSE:EQT) Institutional Positions Chart

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