Uniplan Investment Counsel Inc. boosted its stake in EQT Midstream Partners, LP (NYSE:EQM) by 3.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 64,772 shares of the pipeline company’s stock after acquiring an additional 2,367 shares during the quarter. Uniplan Investment Counsel Inc. owned about 0.08% of EQT Midstream Partners, worth $4,834,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its holdings in EQT Midstream Partners, by 120.5% in the 2nd quarter. IFP Advisors Inc now owns 1,808 shares of the pipeline company’s stock worth $135,000 after acquiring an additional 988 shares during the period. V Wealth Management LLC purchased a new position in shares of EQT Midstream Partners, during the 2nd quarter valued at approximately $178,000. Round Table Services LLC boosted its stake in shares of EQT Midstream Partners, by 23.6% during the 2nd 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 during the last quarter. Covenant Asset Management LLC boosted its stake in shares of EQT Midstream Partners, by 5.9% during the 2nd 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 during the last quarter. Finally, Homrich & Berg purchased a new position in shares of EQT Midstream Partners, during the 1st quarter valued at approximately $313,000. Hedge funds and other institutional investors own 73.46% of the company’s stock.

Shares of EQT Midstream Partners, LP (NYSE:EQM) traded down 0.03% during trading on Tuesday, reaching $74.95. The company had a trading volume of 2,862 shares. The stock has a 50 day moving average price of $75.00 and a 200 day moving average price of $75.56. The firm has a market capitalization of $6.04 billion, a PE ratio of 14.45 and a beta of 0.89. EQT Midstream Partners, LP has a 12 month low of $69.20 and a 12 month high of $82.99.

EQT Midstream Partners, (NYSE:EQM) last announced its quarterly earnings data on Thursday, July 27th. The pipeline company reported $1.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.31 by $0.04. The firm had revenue of $199 million for the quarter, compared to analyst estimates of $195 million. EQT Midstream Partners, had a return on equity of 25.61% and a net margin of 66.99%. EQT Midstream Partners,’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.27 EPS. On average, equities research analysts forecast that EQT Midstream Partners, LP will post $5.50 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 14th. Shareholders of record on Friday, August 4th were given a $0.935 dividend. This is an increase from EQT Midstream Partners,’s previous quarterly dividend of $0.89. The ex-dividend date was Wednesday, August 2nd. This represents a $3.74 annualized dividend and a yield of 4.99%. EQT Midstream Partners,’s payout ratio is presently 72.34%.

EQM has been the subject of several research analyst reports. TheStreet upgraded EQT Midstream Partners, from a “c+” rating to a “b-” rating in a research note on Wednesday, July 19th. ValuEngine cut EQT Midstream Partners, from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Stifel Nicolaus reiterated a “hold” rating on shares of EQT Midstream Partners, in a research note on Friday, June 23rd. Scotiabank set a $94.00 target price on EQT Midstream Partners, and gave the company a “hold” rating in a research note on Saturday, July 22nd. Finally, BidaskClub upgraded EQT Midstream Partners, from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. EQT Midstream Partners, has a consensus rating of “Hold” and an average price target of $89.50.

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EQT Midstream Partners, Profile

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.

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

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