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

July 18, 2017 - By Marguerite Chambers

 EPS for QEP Resources Inc (QEP) Expected At $ 0.19
Investors sentiment decreased to 1.1 in 2016 Q4. Its down 0.13, from 1.23 in 2016Q3. It turned 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.
Verition Fund Management Ltd Liability accumulated 41,494 shares or 0.07% of the stock. Peak6 Invests L P has 35,129 shares. Panagora Asset Inc owns 141,874 shares or 0.01% of their US portfolio. Ent Fincl Ser Corporation invested 0% of its portfolio in QEP Resources Inc (NYSE:QEP). Valueworks Ltd Liability Corporation stated it has 0.46% in QEP Resources Inc (NYSE:QEP). Texas Permanent School Fund holds 0.04% or 174,723 shares in its portfolio. Teachers Retirement Of The State Of Kentucky reported 0.04% of its portfolio in QEP Resources Inc (NYSE:QEP). Federated Investors Pa accumulated 882,456 shares. Asset reported 16,884 shares. Nationwide Fund reported 1.02 million shares stake. Hanseatic Mngmt Service owns 73 shares for 0% of their portfolio. Virginia Retirement Systems Et Al reported 614,100 shares. Ls Ltd Co holds 16,370 shares. Ameritas Prns Inc reported 124,935 shares. 375,250 were reported by Rothschild Asset.

Since February 24, 2017, it had 1 insider purchase, and 0 insider sales for $99,470 activity. Another trade for 7,000 shares valued at $99,470 was made by BAKER PHILLIPS S JR on Friday, February 24.

Investors wait QEP Resources Inc (NYSE:QEP) to report on July, 26. its quarterly earnings Wall Street analysts expect $-0.19 EPS, 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. FBR Capital initiated QEP Resources Inc (NYSE:QEP) on Thursday, July 21 with “Mkt Perform” rating. The rating was maintained by Deutsche Bank on Tuesday, June 14 with “Buy”. Raymond James upgraded QEP Resources Inc (NYSE:QEP) on Friday, April 29 to “Strong Buy” rating. The firm earned “Neutral” rating on Tuesday, March 21 by Mizuho. The stock of QEP Resources Inc (NYSE:QEP) has “Buy” rating given on Thursday, November 19 by Goldman Sachs. Cantor Fitzgerald initiated the stock with “Buy” rating in Wednesday, December 23 report. Mizuho initiated QEP Resources Inc (NYSE:QEP) rating on Thursday, October 6. Mizuho has “Buy” rating and $24 target. The firm has “Buy” rating by Deutsche Bank given on Wednesday, December 9. BMO Capital Markets upgraded the stock to “Outperform” rating in Monday, July 18 report. The stock of QEP Resources Inc (NYSE:QEP) earned “Buy” rating by KLR Group on Wednesday, March 16.

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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