Economy

Cubist Systematic Strategies LLC Raises Stake in QEP Resources, Inc. (QEP)

Cubist Systematic Strategies LLC Raises Stake in QEP Resources, Inc. (QEP)

R-M Sincerbeaux Capital Management sold 9,400 shares as the company's stock rose 5.74% with the market.

The company reported its EPS on 9/29/2017.

Federated Investors Inc, which manages about $34.87B US Long portfolio, upped its stake in Ishares Tr (DVY) by 20,868 shares to 22,075 shares, valued at $2.07 million in 2017Q3, according to the filing. Wall Street experts also assign a $13.39 price target on QEP Resources, Inc., pointing towards a 33.1% rally from current levels. The total number of shares traded in the last 12 months is 388,050. (NYSE:QEP) or 4.15M shares. It has outperformed by 3.59% the S&P500. Finally, Bbva Compass Bancshares Inc. acquired a new position in QEP Resources during the 3rd quarter worth $178,000. The stock has a market capitalization of $2,423.81, a PE ratio of -172.97 and a beta of 1.73. Now trading with a market value of 2.57B, the company has a mix of catalysts and obstacles that spring from the nature of its operations.

QEP Resources, Inc. (NYSE:QEP), maintained return on investment for the last twelve months at -0.21, higher than what Reuters data shows regarding industry's average. (QEP) opened at $10.38 on Thursday. It has underperformed by 51.27% the S&P500. 219.29 million shares or 0.85% less from 221.16 million shares in 2017Q2 were reported.

Analysts await Visa Inc. 164.72 million shares or 1.46% less from 167.16 million shares in 2017Q2 were reported.

Whereas they predicted High and Low Earnings Estimate as $0.05 and $-0.32 respectively.

QEP Resources, Inc. (NYSE:QEP) received a Buy rating from 0 analysts. The institutional investor held 237,969 shares of the semiconductors company at the end of 2017Q3, valued at $9.06 million, up from 226,135 at the end of the previous reported quarter.

More news: Sirius XM Holdings I (SIRI): Stock to Follow

Investors sentiment decreased to 1.23 in Q3 2017. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.54 and a current ratio of 1.55. It is negative, as 37 investors sold QEP shares while 74 reduced holdings. There were 46 sold out positions, amounting to 7.19 million shares.

The stock has Return on Assets (ROA) of -0.2 percent. Metropolitan Life Insurance Co. Monetta Fin Serv Incorporated reported 1.71% in Visa Inc. 237,281 were accumulated by Torray Ltd Llc. Thompson Davis Co reported 566 shares or 0.03% of all its holdings. There has been an observed change of 11.11% in the ownership of the shares in the past six months. Perigon Wealth Mngmt Lc stated it has 1.81% of its portfolio in Visa Inc. The original version of this report can be viewed at https://www.thelincolnianonline.com/2018/01/04/qep-resources-inc-qep-shares-bought-by-public-employees-retirement-system-of-ohio.html. Invesco owns 7.97 million shares. Bartlett And Com Ltd Com holds 0% or 200 shares. Advantus Cap Mgmt Inc invested in 30,362 shares. Guggenheim Cap Lc holds 377,466 shares. On Tuesday, July 18 the stock rating was maintained by Cowen & Co with "Hold". QEP Resources had 52 analyst reports since August 7, 2015 according to SRatingsIntel. (NYSE:QEP) has "Overweight" rating given on Wednesday, June 15 by Piper Jaffray. The firm has "Buy" rating by Zacks given on Monday, August 10.

Federated Investors Inc decreased its stake in Qep Res Inc (QEP) by 90.06% based on its latest 2017Q3 regulatory filing with the SEC. Scotia Capital maintained the stock with "Hold" rating in Friday, May 5 report. Therefore 0 are positive.

QEP Resources, Inc. (NYSE:QEP) touched its 1-Year High price of $19.44 on 01/05/17 and its 1-Year Low price of $ 7.02 on 08/16/17. The stock of Macerich Company (NYSE:MAC) has "Sell" rating given on Friday, March 17 by Goldman Sachs. According to today's trading volume QEP Resources, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. The short interest to Qep Resources Incorporated's float is 6.4%. The stock has "Underperform" rating by Evercore on Monday, December 11. As per Tuesday, November 7, the company rating was downgraded by Barclays Capital. Williams Capital started coverage on QEP Resources in a research note on Friday, December 8th. The firm has "Buy" rating given on Friday, August 25 by Cowen & Co. Imperial Capital has "Outperform" rating and $27 target. The firm has "Buy" rating given on Wednesday, December 23 by Cantor Fitzgerald. (NYSE:QEP). Cornerstone Holding Ltd Liability holds 0.01% or 110,642 shares in its portfolio. They expect $-0.07 earnings per share, up 53.33% or $0.08 from last year's $-0.15 per share.

QEP Resources, Inc. on 9/29/2017 reported its EPS as $-0.15 with the analysts projecting the EPS of the stock as $-0.22.

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