Published: Wed, September 13, 2017
Economy | By Melissa Porter

Brookfield Asset Management Inc. Increases Stake in EQT Midstream Partners, LP (EQM)

Brookfield Asset Management Inc. Increases Stake in EQT Midstream Partners, LP (EQM)

The stock increased 0.83% or $0.43 during the last trading session, reaching $52.45. About 179,126 shares traded. It has underperformed by 18.39% the S&P500. The legal version of this piece can be accessed at The Skylands Capital Llc holds 49,750 shares with $3.83 million value, up from 26,900 last quarter. The stock increased 0.67% or $0.05 on September 8, reaching $7.48. It has underperformed by 14.11% the S&P500. Evercore has "Underperform" rating and $2.50 target. $324,131 worth of stock was sold by TERRY ROBERT JOHN on Monday, May 1.

Investors sentiment decreased to 1.22 in Q4 2016. Cleveland-Cliffs given 1 equivalent recommendations, 0 sells and 4 holds. Capital Guardian Company holds 8,375 shares. Moreover, Adams Asset Advisors Llc has 0.59% invested in the company for 244,592 shares. It also reduced Church & Dwight Co (NYSE:CHD) stake by 9,365 shares and now owns 2.50M shares. Trust Asset Management Llc owns 75,462 shares or 0.67% of their United States portfolio. Kornitzer Management Ks invested 0.48% in Abbott Laboratories (NYSE:ABT). Morgan Stanley invested 0% of its portfolio in Simulations Plus, Inc. Kcg, a New Jersey-based fund reported 10,642 shares. During the same period in the prior year, the company earned $1.26 earnings per share. Millennium Management Ltd Liability Com owns 311,709 shares or 0.01% of their USA portfolio. This dividend represents a yeild of $12.69 which is the dividend as a percentage of the current share price. Cubist Systematic Strategies Lc owns 13,782 shares. Marvin And Palmer Assoc reported 3.3% stake. 72,228 are held by Cypress Capital Group. Salient Tru Lta reported 0.04% stake. Therefore 73% are positive. Playtech Ltd had 129 analyst reports since July 24, 2015 according to SRatingsIntel. Center Coast Capital Advisors LP now owns 1,410,381 shares of the pipeline company's stock valued at $33,849,000 after buying an additional 141,902 shares in the last quarter. The stock has "Neutral" rating by Credit Suisse on Tuesday, September 13. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. As per Sunday, August 20, the company rating was maintained by RBC Capital Markets. Jefferies maintained the shares of ABT in report on Tuesday, September 13 with "Buy" rating. The company was downgraded on Friday, January 29 by William Blair. The firm has "Buy" rating by Vetr given on Wednesday, August 19. The company has market cap of $631.58 million.

Since March 31, 2017, it had 0 buys, and 1 sale for $76,526 activity.

EQT Midstream Partners, (NYSE:EQM) last released its quarterly earnings results on Thursday, February 2nd.

Brookfield Asset Management Inc. Increases Stake in EQT Midstream Partners, LP (EQM)
Brookfield Asset Management Inc. Increases Stake in EQT Midstream Partners, LP (EQM)

Investors sentiment increased to 0.9 in Q4 2016. Its up 0.07, from 0.83 in 2016Q3. 18 funds opened positions while 35 raised stakes. The institutional investor held 43.59M shares of the public utilities company at the end of 2016Q4, valued at $684.74M, down from 46.08 million at the end of the previous reported quarter. A D Beadell Investment Counsel Inc reported 2.1% stake. 3,700 are owned by Phocas Fin. 3,500 shares were sold by KING CHRISTINE, worth $380,940. Sumitomo Mitsui reported 4,000 shares stake.

They now have a $19.0 PT on EnLink Midstream Partners (NYSE:ENLK). Security reported 1,500 shares. The stock of Enable Midstream Partners LP (NYSE:ENBL) earned "Outperform" rating by Wells Fargo on Wednesday, January 11. Travelers Cos Incorporated reported 857,200 shares. The Price Index 12m for Martin Midstream Partners L.P. (NasdaqGS:MMLP) is 0.95477. S Muoio & Limited has invested 1.26% in Rite Aid Corporation (NYSE:RAD). Millennium Mngmt Lc has 6,534 shares. The New Jersey-based Advisors Capital Management Llc has invested 0.27% in the stock. Los Angeles Mgmt Equity Research invested in 17,765 shares or 0% of the stock.

Martin Midstream Partners L.P. (NasdaqGS:MMLP) has a Price to Book ratio of 2.001285. Therefore 50% are positive. Magellan Midstream Partners L.P. had 48 analyst reports since August 7, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, August 11 by Stifel Nicolaus. Guggenheim maintained EnLink Midstream Partners LP (NYSE:ENLK) on Wednesday, April 19 with "Neutral" rating. The firm has "Buy" rating by Stifel Nicolaus given on Thursday, September 7. FBR Capital maintained it with "Outperform" rating and $24 target in Friday, October 28 report. On Monday, July 17 the stock rating was maintained by Stifel Nicolaus with "Buy". The firm has "Buy" rating given on Thursday, July 20 by Drexel Hamilton.

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