EQT Corporation (NYSE:EQT) Stock Holdings Lifted by Capital Advisors Inc. OK

Capital Advisors Inc. OK raised its position in shares of EQT Corporation (NYSE:EQT - Free Report) by 1.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 918,274 shares of the oil and gas producer's stock after buying an additional 14,448 shares during the quarter. Capital Advisors Inc. OK owned about 0.15% of EQT worth $49,063,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. raised its position in shares of EQT by 47.7% during the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 960 shares of the oil and gas producer's stock valued at $44,000 after acquiring an additional 310 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in EQT by 26.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 976 shares of the oil and gas producer's stock valued at $45,000 after purchasing an additional 205 shares during the last quarter. Mascagni Wealth Management Inc. acquired a new stake in shares of EQT during the fourth quarter worth $55,000. Larson Financial Group LLC lifted its position in shares of EQT by 1,343.8% in the 4th quarter. Larson Financial Group LLC now owns 1,386 shares of the oil and gas producer's stock worth $64,000 after buying an additional 1,290 shares during the last quarter. Finally, Colonial Trust Co SC boosted its holdings in shares of EQT by 255.5% in the 4th quarter. Colonial Trust Co SC now owns 1,422 shares of the oil and gas producer's stock valued at $66,000 after buying an additional 1,022 shares during the period. Institutional investors own 90.81% of the company's stock.

EQT Price Performance

NYSE EQT traded up $0.84 on Monday, reaching $56.15. 6,809,242 shares of the stock traded hands, compared to its average volume of 7,982,572. EQT Corporation has a 12 month low of $30.02 and a 12 month high of $61.02. The company has a market cap of $33.62 billion, a price-to-earnings ratio of 98.51, a P/E/G ratio of 0.34 and a beta of 0.65. The firm's fifty day simple moving average is $55.71 and its 200 day simple moving average is $52.12. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.33.

EQT (NYSE:EQT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The oil and gas producer reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.20. The business had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.16 billion. EQT had a return on equity of 5.52% and a net margin of 6.59%. As a group, research analysts predict that EQT Corporation will post 3.27 EPS for the current fiscal year.

EQT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Stockholders of record on Wednesday, May 7th were given a dividend of $0.1575 per share. The ex-dividend date was Wednesday, May 7th. This represents a $0.63 annualized dividend and a dividend yield of 1.12%. EQT's dividend payout ratio (DPR) is 110.53%.

Analysts Set New Price Targets

EQT has been the subject of a number of research reports. UBS Group upgraded EQT from a "neutral" rating to a "buy" rating and lifted their target price for the company from $54.00 to $64.00 in a research note on Monday, May 5th. JPMorgan Chase & Co. boosted their price objective on EQT from $58.00 to $60.00 and gave the company an "overweight" rating in a research report on Thursday, March 13th. Citigroup upped their price objective on EQT from $51.00 to $60.00 and gave the stock a "buy" rating in a research note on Monday, March 17th. Wells Fargo & Company increased their target price on EQT from $59.00 to $63.00 and gave the stock an "overweight" rating in a research report on Monday, June 16th. Finally, Stephens reduced their price target on shares of EQT from $59.00 to $57.00 and set an "overweight" rating for the company in a report on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, EQT currently has an average rating of "Moderate Buy" and a consensus price target of $58.35.

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.