Rothschild Investment LLC Has $2.13 Million Holdings in EQT Co. (NYSE:EQT)

Rothschild Investment LLC grew its position in EQT Co. (NYSE:EQT) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 46,246 shares of the oil and gas producer’s stock after buying an additional 777 shares during the quarter. Rothschild Investment LLC’s holdings in EQT were worth $2,132,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. HM Payson & Co. acquired a new position in EQT in the 3rd quarter worth approximately $25,000. Truvestments Capital LLC purchased a new stake in shares of EQT in the third quarter valued at $30,000. Quarry LP boosted its position in shares of EQT by 184.7% in the third quarter. Quarry LP now owns 891 shares of the oil and gas producer’s stock worth $33,000 after buying an additional 578 shares during the period. Brown Brothers Harriman & Co. purchased a new position in shares of EQT during the third quarter valued at $36,000. Finally, Financial Avengers Inc. raised its position in EQT by 100.8% during the third quarter. Financial Avengers Inc. now owns 1,004 shares of the oil and gas producer’s stock valued at $37,000 after buying an additional 504 shares during the period. 90.81% of the stock is owned by hedge funds and other institutional investors.

EQT Trading Down 0.4 %

Shares of EQT stock opened at $50.02 on Tuesday. EQT Co. has a 12 month low of $30.02 and a 12 month high of $56.66. The company has a market cap of $29.88 billion, a PE ratio of 125.04, a price-to-earnings-growth ratio of 0.64 and a beta of 1.08. The company has a quick ratio of 0.51, a current ratio of 0.70 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $49.77 and its two-hundred day moving average is $42.01.

EQT (NYSE:EQT) last issued its quarterly earnings results on Tuesday, February 18th. The oil and gas producer reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.19. EQT had a return on equity of 4.35% and a net margin of 4.37%. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.81 billion. Equities analysts predict that EQT Co. will post 3.27 EPS for the current year.

EQT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.1575 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.63 dividend on an annualized basis and a yield of 1.26%. EQT’s dividend payout ratio is currently 157.50%.

Insiders Place Their Bets

In related news, Director Thomas F. Karam sold 30,154 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $44.83, for a total value of $1,351,803.82. Following the completion of the transaction, the director now owns 201,608 shares of the company’s stock, valued at $9,038,086.64. This represents a 13.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.63% of the company’s stock.

Wall Street Analyst Weigh In

EQT has been the subject of a number of research reports. StockNews.com upgraded EQT to a “sell” rating in a research report on Saturday, February 8th. JPMorgan Chase & Co. boosted their price objective on shares of EQT from $53.00 to $58.00 and gave the company an “overweight” rating in a research report on Thursday, February 20th. Stephens upped their price objective on shares of EQT from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Citigroup lifted their target price on shares of EQT from $44.00 to $51.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Finally, Sanford C. Bernstein upgraded shares of EQT from a “market perform” rating to an “outperform” rating and set a $73.00 price target on the stock in a report on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $52.17.

About EQT

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.