Qep Resources INC (QEP) Shares Rose While Schneider Capital Management Corp Increased Stake

June 29, 2018 - By Lena Young

Big Money Sentiment decreased to 0.9 in Q1 2018. It has change of 0.13, from 2017Q4’s 1.03. The ratio turned negative due to QEP positioning: 32 sold and 91 reduced. 46 funds bought holdings and 65 increased holdings. Investors holded 207.43 million in 2017Q4 but now own 227.66 million shares or 9.75% more. 1.05M were reported by Principal Gp. Jefferies Grp Inc Lc has 0% invested in QEP Resources, Inc. (NYSE:QEP). M&T Bancorporation holds 0% or 14,730 shs. Employees Retirement Association Of Colorado invested in 0% or 48,308 shs. Van Eck Assoc Corp invested in 49,076 shs. Bbva Compass Natl Bank Inc holds 37,005 shs or 0.02% of its capital. The New Jersey-based Prudential Inc has invested 0% in QEP Resources, Inc. (NYSE:QEP). Advisory Serv Networks Ltd Liability holds 0% of its capital in QEP Resources, Inc. (NYSE:QEP) for 116 shs. Regions Fincl has 8,597 shs for 0% of their capital. Manufacturers Life Insurance The has invested 0% in QEP Resources, Inc. (NYSE:QEP). Eagle Boston Mngmt Inc invested in 117,949 shs or 0.11% of the stock. 1.09 million were reported by Schwab Charles Invest. Brinker Cap Inc holds 0.01% or 25,954 shs in its capital. Voya Mgmt, Georgia-based fund reported 1.69 million shs. Wealthtrust holds 0.01% in QEP Resources, Inc. (NYSE:QEP) or 1,579 shs.

QEP had 0 insider sales and 1 insider purchase since March 8, 2018. This’s net activity of $90,000.

The stake In Qep Resources Inc. (QEP) was upped owned by Schneider Capital Management Corp. According to 2018Q1 Securities and Exchange form the decrease is 13.14%. 429,417 shares were bought by Schneider Capital Management Corp as the company’s stock rose 34.81% while stock markets declined. The energy company announced $36.20 million value for the 2018Q1. Now the institutional investor is holding 3.70M shares, compared to the 3.27 million from the previous quarter. Qep Resources Inc. has $2.96 billion MC. QEP is hitting $12.48 during the last trading session, after increased 1.46%.QEP Resources, Inc. has volume of 737,613 shares. Since June 29, 2017 QEP has risen 16.36% and is uptrending. QEP outperformed the S&P 500 by 3.79%.

Schneider Capital Management Corp has cut its stake in Wells Fargo & Co (NYSE:WFC) and also reduced its holding in Keycorp (NYSE:KEY) by 456,113 shares in the quarter, for a total of 925,992 shares.

Another two news for QEP Resources, Inc. (NYSE:QEP) were recently published by: Globenewswire.com on June 29, 2018 with title “Analysis: Positioning to Benefit within QEP Resources, Corcept Therapeutics, Buckle, Noble Energy, Windstream, and …”. The other Seekingalpha.com‘s article was titled “US Shale: NAV Analysis Of Diversified Oil-Weighted E&Ps – 2018 Q1 Update” and published on June 22, 2018.

QEP Resources, Inc. (NYSE:QEP) Ratings Coverage

In total 13 analysts cover QEP Resources (NYSE:QEP). “Buy” rating has 6, “Sell” are 0, while 7 are “Hold”. (NYSE:QEP) has 46% bullish analysts. 21 are the (NYSE:QEP)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. The stock rating was maintained by Piper Jaffray with “Buy” on Wednesday, March 14. On Monday, April 23 the company was maintained by Stifel Nicolaus. On Friday, March 9 the firm has “Hold” rating given by FBR Capital. On Monday, March 5 the firm has “Neutral” rating by JP Morgan given. On Monday, May 21 the stock of QEP Resources, Inc. (NYSE:QEP) has “Buy” rating given by Williams Capital Group. On Monday, February 5 FBR Capital initiated QEP Resources, Inc. (NYSE:QEP) rating. FBR Capital has “Hold” rating and $10.5 target. On Thursday, April 26 the rating was maintained by Williams Capital Group with “Buy”. On Tuesday, January 9 Piper Jaffray maintained the shares of QEP in report with “Buy” rating. On Monday, June 11 the firm has “Neutral” rating by FBR Capital given. On Tuesday, January 16 the firm earned “Buy” rating by Mizuho.

QEP Resources, Inc. (NYSE:QEP) Institutional Investors Chart

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