Raymond James Financial Services Advisors Inc. raised its holdings in shares of EQT Midstream Partners, LP (NYSE:EQM) by 10.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,806 shares of the pipeline company’s stock after buying an additional 3,940 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.05% of EQT Midstream Partners, worth $3,209,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. boosted its position in EQT Midstream Partners, by 16.7% during the second quarter. American Century Companies Inc. now owns 900,098 shares of the pipeline company’s stock valued at $67,174,000 after buying an additional 129,017 shares during the period. BP Capital Fund Advisors LLC boosted its position in EQT Midstream Partners, by 26.1% during the second quarter. BP Capital Fund Advisors LLC now owns 49,782 shares of the pipeline company’s stock valued at $3,715,000 after buying an additional 10,308 shares during the period. Global X Management Co. LLC boosted its position in EQT Midstream Partners, by 28.8% during the second quarter. Global X Management Co. LLC now owns 364,808 shares of the pipeline company’s stock valued at $27,226,000 after buying an additional 81,556 shares during the period. Atlantic Trust Group LLC boosted its holdings in shares of EQT Midstream Partners, by 8.2% during the second quarter. Atlantic Trust Group LLC now owns 49,479 shares of the pipeline company’s stock worth $3,692,000 after purchasing an additional 3,760 shares during the period. Finally, Uniplan Investment Counsel Inc. boosted its holdings in shares of EQT Midstream Partners, by 3.8% during the second quarter. Uniplan Investment Counsel Inc. now owns 64,772 shares of the pipeline company’s stock worth $4,834,000 after purchasing an additional 2,367 shares during the period. Institutional investors and hedge funds own 62.92% of the company’s stock.

A number of analysts have recently weighed in on EQM shares. BidaskClub lowered shares of EQT Midstream Partners, from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 16th. Stifel Nicolaus set a $79.00 target price on shares of EQT Midstream Partners, and gave the stock a “hold” rating in a report on Friday, August 25th. Royal Bank Of Canada reiterated a “buy” rating and set a $96.00 target price on shares of EQT Midstream Partners, in a report on Tuesday, October 10th. Seaport Global Securities started coverage on shares of EQT Midstream Partners, in a report on Tuesday, October 10th. They set a “buy” rating and a $96.00 target price for the company. Finally, Zacks Investment Research lowered shares of EQT Midstream Partners, from a “hold” rating to a “strong sell” rating in a report on Monday, October 16th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. EQT Midstream Partners, has a consensus rating of “Hold” and a consensus price target of $90.83.

Shares of EQT Midstream Partners, LP (EQM) traded up $0.85 during midday trading on Friday, hitting $68.20. 232,700 shares of the company’s stock were exchanged, compared to its average volume of 254,896. EQT Midstream Partners, LP has a fifty-two week low of $66.87 and a fifty-two week high of $82.99. The company has a market capitalization of $5,495.68, a P/E ratio of 13.06, a price-to-earnings-growth ratio of 1.01 and a beta of 0.93. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.52.

EQT Midstream Partners, (NYSE:EQM) last announced its earnings results on Thursday, October 26th. The pipeline company reported $1.28 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.26 by $0.02. EQT Midstream Partners, had a net margin of 65.99% and a return on equity of 25.85%. The business had revenue of $207.20 million during the quarter, compared to the consensus estimate of $205.29 million. During the same quarter last year, the firm earned $1.23 earnings per share. The business’s revenue for the quarter was up 17.2% on a year-over-year basis. research analysts forecast that EQT Midstream Partners, LP will post 5.63 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 14th. Shareholders of record on Friday, November 3rd were paid a dividend of $0.98 per share. This is an increase from EQT Midstream Partners,’s previous quarterly dividend of $0.94. The ex-dividend date was Thursday, November 2nd. This represents a $3.92 dividend on an annualized basis and a dividend yield of 5.75%. EQT Midstream Partners,’s dividend payout ratio (DPR) is currently 75.10%.

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EQT Midstream Partners, 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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