Fort Washington Investment Advisors Inc. OH lifted its holdings in EQT Midstream Partners, LP (NYSE:EQM) by 46.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 156,900 shares of the pipeline company’s stock after buying an additional 49,500 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.19% of EQT Midstream Partners, worth $11,709,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of EQM. IFP Advisors Inc increased its holdings in shares of EQT Midstream Partners, by 120.5% in the 2nd quarter. IFP Advisors Inc now owns 1,808 shares of the pipeline company’s stock worth $135,000 after acquiring an additional 988 shares during the period. V Wealth Management LLC acquired a new stake in shares of EQT Midstream Partners, in the 2nd quarter worth about $178,000. Round Table Services LLC increased its holdings in shares of EQT Midstream Partners, by 23.6% in the 2nd quarter. Round Table Services LLC now owns 3,925 shares of the pipeline company’s stock worth $293,000 after acquiring an additional 750 shares during the period. Covenant Asset Management LLC increased its holdings in shares of EQT Midstream Partners, by 5.9% in the 2nd quarter. Covenant Asset Management LLC now owns 3,970 shares of the pipeline company’s stock worth $296,000 after acquiring an additional 220 shares during the period. Finally, Homrich & Berg acquired a new stake in shares of EQT Midstream Partners, in the 1st quarter worth about $313,000. Institutional investors own 73.46% of the company’s stock.

A number of analysts recently weighed in on the stock. Stifel Nicolaus set a $79.00 price objective on shares of EQT Midstream Partners, and gave the stock a “hold” rating in a report on Friday, August 25th. BidaskClub raised shares of EQT Midstream Partners, from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. TheStreet raised shares of EQT Midstream Partners, from a “c+” rating to a “b-” rating in a report on Wednesday, July 19th. Scotiabank set a $94.00 price objective on shares of EQT Midstream Partners, and gave the stock a “hold” rating in a report on Saturday, July 22nd. Finally, Morgan Stanley increased their price objective on shares of EQT Midstream Partners, from $86.00 to $87.00 and gave the stock an “overweight” rating in a report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $89.50.

EQT Midstream Partners, LP (NYSE:EQM) traded down 0.28% during mid-day trading on Wednesday, hitting $74.92. 18,139 shares of the company were exchanged. The company has a market cap of $6.04 billion, a price-to-earnings ratio of 14.44 and a beta of 0.89. The stock’s 50 day moving average is $75.00 and its 200-day moving average is $75.56. EQT Midstream Partners, LP has a 12-month low of $69.20 and a 12-month high of $82.99.

EQT Midstream Partners, (NYSE:EQM) last issued its earnings results on Thursday, July 27th. The pipeline company reported $1.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.31 by ($0.04). EQT Midstream Partners, had a net margin of 66.99% and a return on equity of 25.61%. The firm had revenue of $199.00 million during the quarter, compared to analyst estimates of $195.00 million. During the same quarter in the prior year, the firm posted $1.27 EPS. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. Equities research analysts predict that EQT Midstream Partners, LP will post $5.50 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, August 14th. Stockholders of record on Friday, August 4th were paid a $0.935 dividend. This represents a $3.74 annualized dividend and a dividend yield of 4.98%. The ex-dividend date of this dividend was Wednesday, August 2nd. This is an increase from EQT Midstream Partners,’s previous quarterly dividend of $0.89. EQT Midstream Partners,’s payout ratio is currently 72.34%.

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EQT Midstream Partners, Company Profile

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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