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Numina Capital Management Trimmed Its Eqt (EQT) Stake by $2.39 Million as Stock Value Declined; As Lear (LEA) Share Value Rose, J-P Marvel Investment Advisors Cut Position

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Numina Capital Management Llc decreased its stake in Eqt Corp (EQT) by 38.85% based on its latest 2017Q4 regulatory filing with the SEC. Numina Capital Management Llc sold 42,737 shares as the company’s stock declined 13.36% with the market. The institutional investor held 67,263 shares of the oil & gas production company at the end of 2017Q4, valued at $3.83 million, down from 110,000 at the end of the previous reported quarter. Numina Capital Management Llc who had been investing in Eqt Corp for a number of months, seems to be less bullish one the $14.10B market cap company. The stock increased 0.97% or $0.51 during the last trading session, reaching $53.15. About 226,030 shares traded. EQT Corporation (NYSE:EQT) has declined 19.22% since May 21, 2017 and is downtrending. It has underperformed by 30.77% the S&P500.

J-P Marvel Investment Advisors Llc decreased its stake in Lear Corp (LEA) by 24.69% based on its latest 2017Q4 regulatory filing with the SEC. J-P Marvel Investment Advisors Llc sold 17,367 shares as the company’s stock rose 4.15% while stock markets declined. The hedge fund held 52,965 shares of the o.e.m. company at the end of 2017Q4, valued at $9.36 million, down from 70,332 at the end of the previous reported quarter. J-P Marvel Investment Advisors Llc who had been investing in Lear Corp for a number of months, seems to be less bullish one the $13.51 billion market cap company. The stock increased 0.97% or $1.96 during the last trading session, reaching $203.72. About 55,837 shares traded. Lear Corporation (NYSE:LEA) has risen 33.95% since May 21, 2017 and is uptrending. It has outperformed by 22.40% the S&P500.

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. M&T Comml Bank Corp has invested 0% in EQT Corporation (NYSE:EQT). Credit Agricole S A reported 0.01% of its portfolio in EQT Corporation (NYSE:EQT). Westwood Gru, Texas-based fund reported 7,945 shares. 282,760 were reported by Sector Pension Board. Oppenheimer & Com reported 5,800 shares stake. Mai Capital Mgmt accumulated 4,773 shares. Moreover, Cramer Rosenthal Mcglynn has 0.91% invested in EQT Corporation (NYSE:EQT). Neuberger Berman Gp Ltd Limited Liability Company reported 2.62 million shares. Credit Suisse Ag has 5.00M shares for 0.26% of their portfolio. Ohio-based Shaker Investments Ltd Liability Corp Oh has invested 0.15% in EQT Corporation (NYSE:EQT). Parkside Bancorporation And Tru stated it has 127 shares. Hbk Invests Lp owns 0.18% invested in EQT Corporation (NYSE:EQT) for 342,700 shares. Boothbay Fund Ltd Liability Corporation has invested 0.11% in EQT Corporation (NYSE:EQT). Thomas White Intl holds 9,400 shares or 0.09% of its portfolio. Eaton Vance Mngmt accumulated 0.03% or 186,174 shares.

Another recent and important EQT Corporation (NYSE:EQT) news was published by Bizjournals.com which published an article titled: “EQT records $2.3 billion impairment charge in the first quarter” on April 26, 2018.

Analysts await EQT Corporation (NYSE:EQT) to report earnings on July, 26. They expect $0.29 earnings per share, up 383.33% or $0.23 from last year’s $0.06 per share. EQT’s profit will be $76.91M for 45.82 P/E if the $0.29 EPS becomes a reality. After $1.01 actual earnings per share reported by EQT Corporation for the previous quarter, Wall Street now forecasts -71.29% negative EPS growth.

Among 21 analysts covering EQT Corporation (NYSE:EQT), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. EQT Corporation had 86 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained it with “Buy” rating and $8000 target in Tuesday, July 18 report. Scotia Capital maintained it with “Hold” rating and $81 target in Monday, May 1 report. The rating was maintained by Deutsche Bank with “Buy” on Monday, September 28. As per Monday, March 19, the company rating was maintained by Jefferies. On Friday, July 28 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Buy” rating by BMO Capital Markets given on Friday, July 28. Morgan Stanley maintained it with “Equal-Weight” rating and $55 target in Friday, April 20 report. The stock of EQT Corporation (NYSE:EQT) earned “Buy” rating by Stifel Nicolaus on Wednesday, September 13. The stock of EQT Corporation (NYSE:EQT) has “Buy” rating given on Monday, February 26 by BMO Capital Markets. The firm earned “Buy” rating on Wednesday, December 9 by Deutsche Bank.

Since January 1, 2018, it had 4 insider buys, and 0 selling transactions for $88,104 activity. Another trade for 558 shares valued at $26,511 was bought by Cary A. Bray Jr..

Numina Capital Management Llc, which manages about $258.10M and $639.39M US Long portfolio, upped its stake in Globalstar Inc (NYSEMKT:GSAT) by 2.00M shares to 2.72M shares, valued at $3.56 million in 2017Q4, according to the filing. It also increased its holding in Iac Interactivecorp (NASDAQ:IACI) by 20,984 shares in the quarter, for a total of 292,318 shares, and has risen its stake in Liberty Interactive Corp.

Since February 16, 2018, it had 0 buys, and 10 insider sales for $46.04 million activity. DiDonato Thomas A had sold 21,415 shares worth $4.07 million on Friday, February 16. STEPHENS MEL also sold $3.28M worth of Lear Corporation (NYSE:LEA) shares. $19.01 million worth of Lear Corporation (NYSE:LEA) shares were sold by Simoncini Matthew. 6,694 Lear Corporation (NYSE:LEA) shares with value of $1.27M were sold by Kunkel Jay K.. On Friday, February 16 the insider Orsini Frank C sold $4.13M. $4.86M worth of stock was sold by SCOTT RAYMOND E on Friday, February 16.

Among 21 analysts covering Lear Corporation (NYSE:LEA), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Lear Corporation had 80 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Lear Corporation (NYSE:LEA) earned “Buy” rating by Jefferies on Monday, January 29. The firm has “Buy” rating given on Friday, October 13 by KeyBanc Capital Markets. Robert W. Baird maintained Lear Corporation (NYSE:LEA) rating on Wednesday, August 30. Robert W. Baird has “Buy” rating and $178.0 target. On Tuesday, April 17 the stock rating was maintained by Barclays Capital with “Equal-Weight”. As per Sunday, October 1, the company rating was maintained by RBC Capital Markets. The rating was maintained by Robert W. Baird with “Buy” on Monday, October 16. The firm earned “Hold” rating on Tuesday, January 30 by Goldman Sachs. The stock of Lear Corporation (NYSE:LEA) earned “Hold” rating by Guggenheim on Monday, January 8. Citigroup maintained the stock with “Buy” rating in Wednesday, February 14 report. Cowen & Co initiated the stock with “Buy” rating in Monday, September 25 report.

Analysts await Lear Corporation (NYSE:LEA) to report earnings on July, 25. They expect $5.07 earnings per share, up 15.49% or $0.68 from last year’s $4.39 per share. LEA’s profit will be $336.25 million for 10.05 P/E if the $5.07 EPS becomes a reality. After $5.10 actual earnings per share reported by Lear Corporation for the previous quarter, Wall Street now forecasts -0.59% negative EPS growth.

More notable recent Lear Corporation (NYSE:LEA) news were published by: Streetinsider.com which released: “Paulson’s 13F Shows New Stake in Goldcorp (GG), Increase in Discovery (DISCA), Viacom (VIAB) (more…)” on May 15, 2018, also Crainsdetroit.com with their article: “Lear raises outlook on rising seating, electronics sales” published on April 26, 2018, Seekingalpha.com published: “Lear Corporation: Macro Headwinds To Compress Prices” on April 25, 2018. More interesting news about Lear Corporation (NYSE:LEA) were released by: Streetinsider.com and their article: “Evercore ISI Upgrades Lear (LEA) to Outperform” published on May 14, 2018 as well as Seekingalpha.com‘s news article titled: “Lear Corporation 2018 Q1 – Results – Earnings Call Slides” with publication date: April 26, 2018.

Investors sentiment increased to 0.96 in 2017 Q4. Its up 0.04, from 0.92 in 2017Q3. It improved, as 26 investors sold LEA shares while 172 reduced holdings. 50 funds opened positions while 141 raised stakes. 58.04 million shares or 3.12% less from 59.92 million shares in 2017Q3 were reported. Highvista Strategies Ltd Liability Corp invested 0.12% of its portfolio in Lear Corporation (NYSE:LEA). Commonwealth Financial Bank Of Australia reported 0.02% stake. Daiwa holds 0.01% or 7,050 shares in its portfolio. Fiduciary Company holds 2,221 shares or 0.01% of its portfolio. Glenmede Na has 0.15% invested in Lear Corporation (NYSE:LEA). C M Bidwell & Assocs holds 0% in Lear Corporation (NYSE:LEA) or 19 shares. 4,396 are owned by Panagora Asset Mgmt. Rhumbline Advisers reported 0.03% stake. Voloridge Investment Mgmt Limited Company invested 0.41% of its portfolio in Lear Corporation (NYSE:LEA). Convergence Partners Limited Liability Corporation owns 11,335 shares for 0.27% of their portfolio. Blair William & Il invested in 0.01% or 7,955 shares. 520,244 are owned by Nordea Inv. Dana Investment Advsr Inc stated it has 152,925 shares. Twin Capital reported 54,120 shares or 0.47% of all its holdings. Jacobs Levy Equity holds 10,258 shares or 0.03% of its portfolio.

EQT Corporation (NYSE:EQT) Institutional Positions Chart

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