EQT Midstream Partners, LP (NYSE:EQM) – Research analysts at Seaport Global Securities raised their FY2017 earnings estimates for shares of EQT Midstream Partners, in a research note issued to investors on Monday. Seaport Global Securities analyst B. Colson now forecasts that the pipeline company will earn $5.39 per share for the year, up from their previous estimate of $5.15. Seaport Global Securities has a “Buy” rating and a $96.00 price target on the stock. Seaport Global Securities also issued estimates for EQT Midstream Partners,’s Q4 2017 earnings at $1.48 EPS.

EQT Midstream Partners, (NYSE:EQM) last announced its quarterly earnings data on Thursday, October 26th. The pipeline company reported $1.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.26 by $0.02. EQT Midstream Partners, had a return on equity of 25.85% and a net margin of 65.99%. The firm had revenue of $207.20 million for the quarter, compared to analyst estimates of $205.29 million. During the same quarter in the prior year, the company posted $1.23 earnings per share. EQT Midstream Partners,’s quarterly revenue was up 17.2% on a year-over-year basis.

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Other research analysts have also issued research reports about the company. US Capital Advisors lowered EQT Midstream Partners, from a “buy” rating to a “buy” rating in a report on Friday, November 17th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $96.00 price objective on shares of EQT Midstream Partners, in a report on Tuesday, October 10th. Stifel Nicolaus set a $79.00 price objective on EQT Midstream Partners, and gave the stock a “hold” rating in a report on Friday, August 25th. Morgan Stanley dropped their price objective on EQT Midstream Partners, from $86.00 to $83.00 and set an “overweight” rating on the stock in a report on Friday, November 17th. Finally, Mitsubishi UFJ Financial Group reaffirmed an “overweight” rating on shares of EQT Midstream Partners, in a report on Thursday, October 26th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $90.83.

EQT Midstream Partners, (NYSE EQM) opened at $68.20 on Tuesday. EQT Midstream Partners, has a twelve month low of $66.87 and a twelve month high of $82.99. The firm has a market capitalization of $5,427.18, a price-to-earnings ratio of 12.90, a P/E/G ratio of 1.00 and a beta of 0.93. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.52.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 14th. Shareholders of record on Friday, November 3rd were issued a $0.98 dividend. This is a positive change from EQT Midstream Partners,’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $3.92 annualized dividend and a yield of 5.75%. EQT Midstream Partners,’s dividend payout ratio is 75.10%.

Institutional investors have recently bought and sold shares of the business. American Century Companies Inc. grew its holdings in EQT Midstream Partners, by 16.7% in the second quarter. American Century Companies Inc. now owns 900,098 shares of the pipeline company’s stock valued at $67,174,000 after purchasing an additional 129,017 shares during the last quarter. BP Capital Fund Advisors LLC boosted its stake in shares of 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 acquiring an additional 10,308 shares during the last quarter. Global X Management Co. LLC boosted its stake in shares of 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 acquiring an additional 81,556 shares during the last quarter. Atlantic Trust Group LLC boosted its stake 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 valued at $3,692,000 after acquiring an additional 3,760 shares during the last quarter. Finally, Uniplan Investment Counsel Inc. boosted its stake 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 valued at $4,834,000 after acquiring an additional 2,367 shares during the last quarter. 62.92% of the stock is currently owned by institutional investors.

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.

Earnings History and Estimates for EQT Midstream Partners, (NYSE:EQM)

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