EPS for QEP Resources Inc (QEP) Expected At $-0.19

July 18, 2017 - By Marie Mckinney

 EPS for QEP Resources Inc (QEP) Expected At $ 0.19
Investors sentiment decreased to 1.1 in Q4 2016. Its down 0.13, from 1.23 in 2016Q3. It is negative, as 36 investors sold QEP Resources Inc shares while 103 reduced holdings. 49 funds opened positions while 104 raised stakes. 211.96 million shares or 0.85% more from 210.18 million shares in 2016Q3 were reported.
Klingenstein Fields Ltd holds 0.02% or 21,600 shares. 917,199 were reported by First L P. Fifth Third National Bank owns 15,939 shares for 0% of their portfolio. State Street Corporation accumulated 8.37 million shares or 0.01% of the stock. Valueworks Ltd Co invested 0.46% of its portfolio in QEP Resources Inc (NYSE:QEP). State Of Wisconsin Inv Board reported 130,116 shares or 0.01% of all its holdings. Eagle Boston Investment Mngmt accumulated 18,335 shares. Miller Howard Invests holds 0.01% in QEP Resources Inc (NYSE:QEP) or 35,940 shares. Boothbay Fund Ltd Company holds 0.08% or 12,429 shares in its portfolio. Nuveen Asset Ltd Company reported 93,645 shares. Bancorp Of New York Mellon invested in 3.84 million shares. Hap Trading Ltd holds 19,021 shares. Jacobs Levy Equity has 709,434 shares for 0.25% of their portfolio. Dalton Greiner Hartman Maher & owns 1.05 million shares. Elm Ridge Mgmt Ltd Limited Liability Company invested 2.22% of its portfolio in QEP Resources Inc (NYSE:QEP).

Since February 24, 2017, it had 1 insider purchase, and 0 sales for $99,470 activity. The insider BAKER PHILLIPS S JR bought 7,000 shares worth $99,470.

Investors wait QEP Resources Inc (NYSE:QEP) to report on July, 26. its quarterly earnings Wall Street analysts expect $-0.19 earnings per share, up $0.04 or 17.39 % from last year’s $-0.23 same quarter earnings. QEP Resources Inc’s Wall Street analysts see 35.71 % negative EPS growth, taking into account the $-0.14 EPS reproted in the previous quarter, The stock decreased 0.53% or $0.05 during the last trading session, reaching $9.37. About 3.98M shares traded. QEP Resources Inc (NYSE:QEP) has declined 34.57% since July 18, 2016 and is downtrending. It has underperformed by 51.27% the S&P500.

QEP Resources Inc (NYSE:QEP) Ratings Coverage

Among 19 analysts covering QEP Resources (NYSE:QEP), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. QEP Resources had 36 analyst reports since August 7, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, December 9 by Deutsche Bank. KLR Group initiated the shares of QEP in report on Wednesday, March 16 with “Buy” rating. Barclays Capital maintained the shares of QEP in report on Thursday, July 14 with “Equalweight” rating. The stock of QEP Resources Inc (NYSE:QEP) has “Buy” rating given on Monday, August 10 by Zacks. Evercore initiated the shares of QEP in report on Friday, October 7 with “Hold” rating. BMO Capital Markets maintained it with “Buy” rating and $1100 target in Monday, June 26 report. Deutsche Bank maintained it with “Buy” rating and $23 target in Tuesday, June 14 report. The firm earned “Overweight” rating on Tuesday, April 12 by JP Morgan. The stock of QEP Resources Inc (NYSE:QEP) earned “Outperform” rating by FBR Capital on Tuesday, January 3. The firm has “Buy” rating given on Thursday, November 19 by Goldman Sachs.

QEP Resources, Inc. is an independent natural gas and crude oil exploration and production company. The company has market cap of $2.31 billion. The Firm focuses on two regions of the United States: the Northern Region and the Southern Region (primarily in Texas and Louisiana). It currently has negative earnings. The Firm conducts exploration and production activities in North America’s hydrocarbon resource plays.

More news for QEP Resources Inc (NYSE:QEP) were recently published by: Globenewswire.com, which released: “QEP Resources Announces Second Quarter 2017 Financial and Operational Results …” on June 28, 2017. Nasdaq.com‘s article titled: “Thompson Rubinstein Investment Management Inc Buys QEP Resources Inc …” and published on July 08, 2017 is yet another important article.

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