$-0.04 EPS Expected for QEP Resources, Inc. (QEP)

February 23, 2018 - By Richard Conner

 $ 0.04 EPS Expected for QEP Resources, Inc. (QEP)
Investors sentiment decreased to 1.23 in 2017 Q3. Its down 0.07, from 1.3 in 2017Q2. It dropped, as 37 investors sold QEP Resources, Inc. shares while 74 reduced holdings. 46 funds opened positions while 90 raised stakes. 219.29 million shares or 0.85% less from 221.16 million shares in 2017Q2 were reported.
Monarch Cap Mngmt stated it has 19,325 shares or 0.06% of all its holdings. Bluemountain Capital Mgmt Ltd Com accumulated 633,328 shares or 0.11% of the stock. Neuberger Berman Group Limited Liability stated it has 0% of its portfolio in QEP Resources, Inc. (NYSE:QEP). Wealthtrust reported 1,342 shares stake. Gallagher Fiduciary Advsr Lc holds 2.99% or 866,467 shares. Fdx Inc holds 0% or 15,408 shares in its portfolio. Moreover, Gargoyle Invest Advisor Ltd has 0.1% invested in QEP Resources, Inc. (NYSE:QEP) for 30,216 shares. California-based Private Ocean Limited Liability Corporation has invested 0% in QEP Resources, Inc. (NYSE:QEP). River Road Asset Ltd Com has invested 0.09% in QEP Resources, Inc. (NYSE:QEP). Sir Capital Limited Partnership reported 1.26M shares. 119,371 were reported by Mason Street Limited. 21,600 were reported by Klingenstein Fields And Communication Ltd. Macquarie Group Inc Limited has invested 0% in QEP Resources, Inc. (NYSE:QEP). Vaughan Nelson Invest Mgmt Ltd Partnership invested in 0.41% or 4.03 million shares. Bancorp owns 10,135 shares.

Analysts expect QEP Resources, Inc. (NYSE:QEP) to report $-0.04 EPS on February, 28 after the close.They anticipate $0.11 EPS change or 73.33 % from last quarter’s $-0.15 EPS. After having $-0.10 EPS previously, QEP Resources, Inc.’s analysts see -60.00 % EPS growth. The stock increased 4.10% or $0.34 during the last trading session, reaching $8.63. About 4.23M shares traded. QEP Resources, Inc. (NYSE:QEP) has declined 34.57% since February 23, 2017 and is downtrending. It has underperformed by 51.27% the S&P500.

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

Among 25 analysts covering QEP Resources (NYSE:QEP), 13 have Buy rating, 1 Sell and 11 Hold. Therefore 52% are positive. QEP Resources had 59 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was upgraded by Deutsche Bank on Wednesday, December 9 to “Buy”. The stock of QEP Resources, Inc. (NYSE:QEP) earned “Mkt Perform” rating by FBR Capital on Thursday, July 21. Piper Jaffray upgraded QEP Resources, Inc. (NYSE:QEP) on Wednesday, June 15 to “Overweight” rating. FBR Capital initiated it with “Hold” rating and $10.5 target in Monday, February 5 report. Cowen & Co maintained QEP Resources, Inc. (NYSE:QEP) rating on Friday, August 25. Cowen & Co has “Buy” rating and $12.0 target. The rating was maintained by Deutsche Bank on Tuesday, June 14 with “Buy”. The firm has “Outperform” rating given on Friday, February 10 by Wells Fargo. The firm has “Overweight” rating given on Monday, September 18 by PiperJaffray. The rating was maintained by Piper Jaffray on Tuesday, January 9 with “Buy”. The company was upgraded on Friday, April 29 by Raymond James.

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 $2.08 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 currently has negative earnings. As of December 31, 2016, it had estimated proved reserves of 731.4 MMboe.

Another recent and important QEP Resources, Inc. (NYSE:QEP) news was published by Globenewswire.com which published an article titled: “QEP Resources Reschedules Fourth Quarter and Full Year 2017 Financial and …” on February 14, 2018.

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