New York: QEP Resources (NYSE:QEP) Stock Has Just Had Its “Buy” Rating Reiterated by Stifel Nicolaus. Shares now Have a $19.0000 Target

April 25, 2018 - By Marry Poplack

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.20, from 1.23 in 2017Q3. It turned negative, as 33 investors sold QEP Resources, Inc. shares while 83 reduced holdings. 38 funds opened positions while 81 raised stakes. 207.43 million shares or 5.41% less from 219.29 million shares in 2017Q3 were reported.

Sei stated it has 163,135 shares. Proshare Ltd Liability Company has 0% invested in QEP Resources, Inc. (NYSE:QEP) for 38,688 shares. Savant Capital Limited Co accumulated 11,288 shares. Qs Ltd Liability Com holds 0.02% in QEP Resources, Inc. (NYSE:QEP) or 205,500 shares. Gotham Asset Mngmt Limited Liability Co holds 0.04% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 260,000 shares. Jpmorgan Chase & has invested 0% in QEP Resources, Inc. (NYSE:QEP). Stevens Management Limited Partnership owns 53,981 shares for 0.02% of their portfolio. Susquehanna Group Llp holds 0% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 454,513 shares. Tiaa Cref Management Limited Liability Co holds 0.01% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 1.02 million shares. The Pennsylvania-based Pnc Fincl Grp Inc has invested 0% in QEP Resources, Inc. (NYSE:QEP). First Mercantile Trust reported 0.05% in QEP Resources, Inc. (NYSE:QEP). Federated Pa owns 108,229 shares for 0% of their portfolio. Virtu Ltd invested 0.01% in QEP Resources, Inc. (NYSE:QEP). Thrivent Fincl For Lutherans stated it has 0% of its portfolio in QEP Resources, Inc. (NYSE:QEP). Nuveen Asset Mgmt Ltd Llc invested in 0% or 34,500 shares.

Since March 8, 2018, it had 1 insider purchase, and 0 selling transactions for $90,000 activity.

QEP Resources (NYSE:QEP) Rating Reaffirmed

The financial company has just set a target price of $19.0000 on QEP Resources (NYSE:QEP) shares. This is 54.60 % from the stock close price. In analysts note made public on 23 April, Stifel Nicolaus kept their “Buy” rating on shares of QEP.

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.20, from 1.23 in 2017Q3. It turned negative, as 33 investors sold QEP Resources, Inc. shares while 83 reduced holdings. 38 funds opened positions while 81 raised stakes. 207.43 million shares or 5.41% less from 219.29 million shares in 2017Q3 were reported.

Sei stated it has 163,135 shares. Proshare Ltd Liability Company has 0% invested in QEP Resources, Inc. (NYSE:QEP) for 38,688 shares. Savant Capital Limited Co accumulated 11,288 shares. Qs Ltd Liability Com holds 0.02% in QEP Resources, Inc. (NYSE:QEP) or 205,500 shares. Gotham Asset Mngmt Limited Liability Co holds 0.04% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 260,000 shares. Jpmorgan Chase & has invested 0% in QEP Resources, Inc. (NYSE:QEP). Stevens Management Limited Partnership owns 53,981 shares for 0.02% of their portfolio. Susquehanna Group Llp holds 0% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 454,513 shares. Tiaa Cref Management Limited Liability Co holds 0.01% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 1.02 million shares. The Pennsylvania-based Pnc Fincl Grp Inc has invested 0% in QEP Resources, Inc. (NYSE:QEP). First Mercantile Trust reported 0.05% in QEP Resources, Inc. (NYSE:QEP). Federated Pa owns 108,229 shares for 0% of their portfolio. Virtu Ltd invested 0.01% in QEP Resources, Inc. (NYSE:QEP). Thrivent Fincl For Lutherans stated it has 0% of its portfolio in QEP Resources, Inc. (NYSE:QEP). Nuveen Asset Mgmt Ltd Llc invested in 0% or 34,500 shares.

Since March 8, 2018, it had 1 insider purchase, and 0 selling transactions for $90,000 activity.

QEP Resources, Inc. (NYSE:QEP) Ratings Coverage

Among 13 analysts covering QEP Resources (NYSE:QEP), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. QEP Resources has $19 highest and $9.0 lowest target. $12.87’s average target is 4.72% above currents $12.29 stock price. QEP Resources had 21 analyst reports since November 7, 2017 according to SRatingsIntel. As per Tuesday, November 21, the company rating was upgraded by Mizuho. The company was maintained on Monday, March 5 by JP Morgan. As per Tuesday, January 16, the company rating was maintained by Mizuho. On Wednesday, March 14 the stock rating was maintained by Piper Jaffray with “Buy”. The firm has “Buy” rating by Stifel Nicolaus given on Monday, April 23. SunTrust maintained the stock with “Hold” rating in Monday, April 16 report. The rating was maintained by BMO Capital Markets with “Buy” on Wednesday, April 11. The firm has “Neutral” rating by JP Morgan given on Tuesday, April 24. The firm has “Buy” rating by Williams Capital Group given on Thursday, March 1. The company was maintained on Tuesday, January 9 by Piper Jaffray.

The stock increased 0.66% or $0.08 during the last trading session, reaching $12.29. About 2.52 million shares traded. QEP Resources, Inc. (NYSE:QEP) has declined 22.78% since April 25, 2017 and is downtrending. It has underperformed by 34.33% the S&P500.

QEP Resources, Inc., through its subsidiaries, operates as a natural gas and crude oil exploration and production firm in the United States. The company has market cap of $2.92 billion. The firm conducts exploration and production activities in the Williston Basin in North Dakota, Permian Basin in western Texas; Pinedale Anticline in western Wyoming; Uinta Basin in eastern Utah; Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado. It has a 10.98 P/E ratio. As of December 31, 2016, it had estimated proved reserves of 731.4 MMboe.

QEP Resources, Inc. (NYSE:QEP) Institutional Positions Chart

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