As Eqt (EQT) Stock Price Declined, Chapter Iv Investors Has Decreased Position; Yum Brands (YUM) Market Value Rose While Matthews International Capital Management Has Decreased Its Holding

February 23, 2018 - By Hazel Jackson

Chapter Iv Investors Llc decreased its stake in Eqt Corp (EQT) by 31.25% based on its latest 2017Q3 regulatory filing with the SEC. Chapter Iv Investors Llc sold 125,000 shares as the company’s stock declined 9.10% while stock markets rallied. The hedge fund held 275,000 shares of the oil & gas production company at the end of 2017Q3, valued at $17.94 million, down from 400,000 at the end of the previous reported quarter. Chapter Iv Investors Llc who had been investing in Eqt Corp for a number of months, seems to be less bullish one the $13.44 billion market cap company. The stock increased 2.03% or $1.01 during the last trading session, reaching $50.82. About 6.86M shares traded or 74.34% up from the average. EQT Corporation (NYSE:EQT) has declined 18.61% since February 23, 2017 and is downtrending. It has underperformed by 35.31% the S&P500.

Matthews International Capital Management Llc decreased its stake in Yum Brands Inc (YUM) by 0.87% based on its latest 2017Q3 regulatory filing with the SEC. Matthews International Capital Management Llc sold 11,400 shares as the company’s stock rose 2.44% with the market. The institutional investor held 1.31M shares of the consumer services company at the end of 2017Q3, valued at $96.08M, down from 1.32 million at the end of the previous reported quarter. Matthews International Capital Management Llc who had been investing in Yum Brands Inc for a number of months, seems to be less bullish one the $26.00B market cap company. The stock increased 0.66% or $0.51 during the last trading session, reaching $78.32. About 1.88M shares traded. Yum! Brands, Inc. (NYSE:YUM) has risen 21.70% since February 23, 2017 and is uptrending. It has outperformed by 5.00% the S&P500.

Analysts await EQT Corporation (NYSE:EQT) to report earnings on April, 26. They expect $0.56 earnings per share, up 27.27% or $0.12 from last year’s $0.44 per share. EQT’s profit will be $148.11 million for 22.69 P/E if the $0.56 EPS becomes a reality. After $0.76 actual earnings per share reported by EQT Corporation for the previous quarter, Wall Street now forecasts -26.32% negative EPS growth.

Chapter Iv Investors Llc, which manages about $511.34 million and $192.19 million US Long portfolio, upped its stake in Range Res Corp (NYSE:RRC) by 225,000 shares to 1.73M shares, valued at $33.76M in 2017Q3, according to the filing.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.20, from 0.88 in 2017Q2. It increased, as 37 investors sold EQT shares while 145 reduced holdings. 68 funds opened positions while 129 raised stakes. 184.83 million shares or 6.77% more from 173.11 million shares in 2017Q2 were reported. Moreover, Aristotle Mgmt Limited Liability Company has 1.8% invested in EQT Corporation (NYSE:EQT) for 3.54M shares. Boothbay Fund Mgmt Limited Liability Company reported 0.66% in EQT Corporation (NYSE:EQT). Coastline holds 13,190 shares or 0.15% of its portfolio. Etrade Management Limited Liability has 11,079 shares for 0.03% of their portfolio. 1.77M are held by Geode Cap Ltd Limited Liability Company. Rhode Island-based Amica Pension Fund Board Of Trustees has invested 0.05% in EQT Corporation (NYSE:EQT). State Board Of Administration Of Florida Retirement System owns 269,208 shares or 0.05% of their US portfolio. Proshare Advisors Limited Liability Company has invested 0.02% of its portfolio in EQT Corporation (NYSE:EQT). Conning Inc invested in 0.01% or 4,067 shares. Verition Fund Mngmt Lc has 66,355 shares for 0.35% of their portfolio. Asset, a Michigan-based fund reported 15,278 shares. Capstone Inv Advsr Limited reported 30,800 shares stake. Oppenheimer And reported 6,100 shares. Cibc Asset Management has invested 0.01% of its portfolio in EQT Corporation (NYSE:EQT). Keybank Natl Association Oh invested 0% in EQT Corporation (NYSE:EQT).

Since January 1, 2018, it had 2 insider buys, and 0 selling transactions for $40,356 activity. Szydlowski Norman J bought 151 shares worth $8,595.

Among 21 analysts covering EQT Corporation (NYSE:EQT), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. EQT Corporation had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of EQT Corporation (NYSE:EQT) earned “Neutral” rating by Goldman Sachs on Tuesday, November 17. The stock has “Buy” rating by Credit Suisse on Monday, December 11. RBC Capital Markets maintained the shares of EQT in report on Thursday, August 31 with “Hold” rating. The stock of EQT Corporation (NYSE:EQT) has “Buy” rating given on Tuesday, July 18 by Cowen & Co. The firm has “Neutral” rating given on Friday, December 9 by Seaport Global. As per Monday, June 19, the company rating was maintained by Jefferies. The stock of EQT Corporation (NYSE:EQT) has “Hold” rating given on Monday, May 1 by Scotia Capital. As per Wednesday, December 9, the company rating was maintained by Deutsche Bank. Stifel Nicolaus maintained it with “Buy” rating and $87.0 target in Wednesday, September 13 report. The firm has “Buy” rating by BMO Capital Markets given on Friday, September 1.

Among 29 analysts covering YUM! Brands (NYSE:YUM), 11 have Buy rating, 1 Sell and 17 Hold. Therefore 38% are positive. YUM! Brands had 99 analyst reports since July 1, 2015 according to SRatingsIntel. The stock has “Buy” rating by Longbow on Friday, March 18. As per Thursday, June 22, the company rating was maintained by RBC Capital Markets. Jefferies maintained the stock with “Hold” rating in Thursday, June 1 report. Credit Suisse upgraded Yum! Brands, Inc. (NYSE:YUM) on Thursday, October 8 to “Neutral” rating. The stock has “Outperform” rating by Credit Suisse on Wednesday, October 19. The rating was upgraded by Argus Research to “Buy” on Tuesday, May 16. The company was maintained on Wednesday, April 26 by Cowen & Co. The firm has “Neutral” rating given on Thursday, May 11 by Goldman Sachs. The firm earned “Hold” rating on Friday, September 30 by Deutsche Bank. The company was upgraded on Friday, March 10 by Evercore.

Since January 22, 2018, it had 0 insider buys, and 1 sale for $194,761 activity.

Matthews International Capital Management Llc, which manages about $24.94B and $2.42 billion US Long portfolio, upped its stake in Tal Ed Group (NYSE:XRS) by 125,000 shares to 156,600 shares, valued at $5.28M in 2017Q3, according to the filing. It also increased its holding in Alibaba Group Hldg Ltd (NYSE:BABA) by 17,000 shares in the quarter, for a total of 1.99M shares, and has risen its stake in Jd Com Inc (NASDAQ:JD).

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