Marshall Wace North America L.P. increased its stake in shares of EQT Midstream Partners, LP (NYSE:EQM) by 282.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 488,401 shares of the pipeline company’s stock after buying an additional 360,601 shares during the period. Marshall Wace North America L.P. owned approximately 0.61% of EQT Midstream Partners, worth $36,630,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Hirtle Callaghan & Co LLC bought a new position in shares of EQT Midstream Partners, during the first quarter valued at $138,000. IFP Advisors Inc raised its position in shares of EQT Midstream Partners, by 120.5% in the second quarter. IFP Advisors Inc now owns 1,808 shares of the pipeline company’s stock valued at $135,000 after buying an additional 988 shares in the last quarter. V Wealth Management LLC bought a new position in shares of EQT Midstream Partners, during the second quarter valued at $178,000. Round Table Services LLC raised its position in shares of EQT Midstream Partners, by 23.6% in the second quarter. Round Table Services LLC now owns 3,925 shares of the pipeline company’s stock valued at $293,000 after buying an additional 750 shares in the last quarter. Finally, Covenant Asset Management LLC raised its position in shares of EQT Midstream Partners, by 5.9% in the second quarter. Covenant Asset Management LLC now owns 3,970 shares of the pipeline company’s stock valued at $296,000 after buying an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 76.45% of the company’s stock.

Shares of EQT Midstream Partners, LP (NYSE:EQM) opened at 73.25 on Monday. The company has a market capitalization of $5.90 billion, a P/E ratio of 14.12 and a beta of 0.89. EQT Midstream Partners, LP has a 52-week low of $69.20 and a 52-week high of $82.99. The stock’s 50 day moving average is $75.67 and its 200 day moving average is $76.26.

EQT Midstream Partners, (NYSE:EQM) last issued its quarterly earnings results on Thursday, July 27th. The pipeline company reported $1.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.31 by $0.04. EQT Midstream Partners, had a net margin of 66.99% and a return on equity of 25.61%. The business had revenue of $199 million for the quarter, compared to analysts’ expectations of $195 million. During the same period last year, the business earned $1.27 earnings per share. The company’s revenue was up 11.8% on a year-over-year basis. Equities analysts expect that EQT Midstream Partners, LP will post $5.50 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, August 14th. Shareholders of record on Friday, August 4th were issued a $0.935 dividend. The ex-dividend date was Wednesday, August 2nd. This is a boost from EQT Midstream Partners,’s previous quarterly dividend of $0.89. This represents a $3.74 annualized dividend and a yield of 5.11%. EQT Midstream Partners,’s payout ratio is 72.34%.

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Several brokerages have recently weighed in on EQM. BidaskClub lowered shares of EQT Midstream Partners, from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 16th. Morgan Stanley upped their price objective on shares of EQT Midstream Partners, from $86.00 to $87.00 and gave the company an “overweight” rating in a report on Friday, July 14th. Stifel Nicolaus reiterated a “hold” rating and set a $79.00 price objective on shares of EQT Midstream Partners, in a report on Friday, July 21st. TheStreet upgraded shares of EQT Midstream Partners, from a “c+” rating to a “b-” rating in a report on Wednesday, July 19th. Finally, Scotiabank set a $94.00 price objective on shares of EQT Midstream Partners, and gave the company a “hold” rating in a report on Saturday, July 22nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. EQT Midstream Partners, has a consensus rating of “Hold” and a consensus target price of $89.50.

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.

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Institutional Ownership by Quarter for EQT Midstream Partners, (NYSE:EQM)

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