Botty Investors LLC increased its position in EQT Midstream Partners, LP (NYSE:EQM) by 121.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,378 shares of the pipeline company’s stock after buying an additional 9,524 shares during the period. Botty Investors LLC’s holdings in EQT Midstream Partners, were worth $1,297,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of EQM. Conning Inc. increased its stake in EQT Midstream Partners, by 1.6% in the second quarter. Conning Inc. now owns 48,770 shares of the pipeline company’s stock worth $3,640,000 after buying an additional 760 shares during the period. TradeLink Capital LLC acquired a new stake in shares of EQT Midstream Partners, during the second quarter worth about $321,000. Pointe Capital Management LLC increased its stake in shares of EQT Midstream Partners, by 0.5% in the second quarter. Pointe Capital Management LLC now owns 21,095 shares of the pipeline company’s stock worth $1,574,000 after buying an additional 109 shares during the last quarter. Global X Management Co. LLC increased its stake in shares of EQT Midstream Partners, by 28.8% in the second quarter. Global X Management Co. LLC now owns 364,808 shares of the pipeline company’s stock worth $27,226,000 after buying an additional 81,556 shares during the last quarter. Finally, IFP Advisors Inc increased its stake in shares of EQT Midstream Partners, by 120.5% in the second quarter. IFP Advisors Inc now owns 1,808 shares of the pipeline company’s stock worth $135,000 after buying an additional 988 shares during the last quarter. 76.45% of the stock is owned by institutional investors and hedge funds.

Shares of EQT Midstream Partners, LP (NYSE EQM) opened at 74.51 on Tuesday. The stock’s 50 day moving average is $75.73 and its 200-day moving average is $76.36. EQT Midstream Partners, LP has a 12 month low of $69.20 and a 12 month high of $82.99. The company has a market cap of $6.00 billion, a P/E ratio of 14.36 and a beta of 0.89.

EQT Midstream Partners, (NYSE:EQM) last issued its earnings results on Thursday, July 27th. The pipeline company reported $1.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.31 by $0.04. EQT Midstream Partners, had a return on equity of 25.61% and a net margin of 66.99%. The business had revenue of $199 million for the quarter, compared to analysts’ expectations of $195 million. During the same period last year, the business earned $1.27 EPS. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. On average, equities analysts forecast that EQT Midstream Partners, LP will post $5.49 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, August 14th. Investors of record on Friday, August 4th were issued a dividend of $0.935 per share. This represents a $3.74 annualized dividend and a dividend yield of 5.02%. The ex-dividend date was Wednesday, August 2nd. This is a boost from EQT Midstream Partners,’s previous quarterly dividend of $0.89. EQT Midstream Partners,’s dividend payout ratio (DPR) is 72.34%.

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EQM has been the subject of a number of recent research reports. ValuEngine downgraded shares of EQT Midstream Partners, from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. TheStreet downgraded shares of EQT Midstream Partners, from a “b” rating to a “c+” rating in a research report on Thursday, June 15th. Scotiabank set a $94.00 price objective on shares of EQT Midstream Partners, and gave the company a “hold” rating in a research report on Saturday, July 22nd. Stifel Nicolaus reissued a “hold” rating on shares of EQT Midstream Partners, in a research report on Friday, June 23rd. Finally, BidaskClub downgraded shares of EQT Midstream Partners, from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. EQT Midstream Partners, currently has an average rating of “Hold” and an average price target of $89.50.

About EQT Midstream Partners,

EQT Midstream Partners, LP (EQM) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company’s segments include Gathering and Transmission. The Gathering segment primarily includes high pressure gathering lines and the Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering system.

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Institutional Ownership by Quarter for EQT Midstream Partners, (NYSE:EQM)

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