Nikko Asset Management Americas Has Cut Eqt (EQT) Position; Eaton Vance (EV) Has 1.07 Sentiment

Eaton Vance Corp., through its subsidiaries, engages in the creation, marketing, and management of investment funds in the United States. The company has market cap of $6.09 billion. It also provides investment management and counseling services to institutions and individuals. It has a 21.98 P/E ratio. Further, the firm operates as an adviser and distributor of investment companies and separate accounts.

Nikko Asset Management Americas Inc decreased Eqt Corp (EQT) stake by 7.76% reported in 2017Q3 SEC filing. Nikko Asset Management Americas Inc sold 15,900 shares as Eqt Corp (EQT)’s stock declined 9.10%. The Nikko Asset Management Americas Inc holds 189,064 shares with $12.34M value, down from 204,964 last quarter. Eqt Corp now has $12.13 billion valuation. The stock decreased 1.12% or $0.52 during the last trading session, reaching $45.73. About 4.45 million shares traded or 22.05% up from the average. EQT Corporation (NYSE:EQT) has declined 18.61% since February 12, 2017 and is downtrending. It has underperformed by 35.31% the S&P500.

Among 21 analysts covering EQT Corporation (NYSE:EQT), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 62% are positive. EQT Corporation had 79 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $87.0 target in Wednesday, September 13 report. Deutsche Bank maintained it with “Buy” rating and $74 target in Wednesday, December 9 report. The rating was upgraded by Stifel Nicolaus on Friday, August 26 to “Buy”. The firm has “Overweight” rating by Morgan Stanley given on Monday, October 26. Jefferies maintained the shares of EQT in report on Friday, April 7 with “Hold” rating. Suntrust Robinson reinitiated the stock with “Hold” rating in Friday, December 8 report. On Friday, December 9 the stock rating was downgraded by Seaport Global to “Neutral”. The rating was downgraded by BMO Capital Markets to “Market Perform” on Wednesday, January 11. Morgan Stanley downgraded EQT Corporation (NYSE:EQT) on Wednesday, March 2 to “Equal-Weight” rating. The firm has “Hold” rating given on Thursday, November 9 by RBC Capital Markets.

Since January 1, 2018, it had 2 insider buys, and 0 sales for $40,356 activity. Szydlowski Norman J bought 151 shares worth $8,595. Shares for $31,761 were bought by Cary A. Bray Jr. on Monday, January 1.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.20, from 0.88 in 2017Q2. It is positive, as 37 investors sold EQT shares while 145 reduced holdings. 68 funds opened positions while 129 raised stakes. 184.83 million shares or 6.77% more from 173.11 million shares in 2017Q2 were reported. Adams Natural Resource Fund accumulated 113,100 shares. 1.96M were reported by Massachusetts Finance Svcs Ma. 389 were reported by Guardian Life Ins Of America. Plante Moran Finance Ltd Llc accumulated 29 shares. The Georgia-based Invesco has invested 0.01% in EQT Corporation (NYSE:EQT). Stone Run Cap Ltd Liability Corporation stated it has 9,244 shares or 0.31% of all its holdings. Kbc Grp Nv reported 84,731 shares. 1,275 were reported by Sun Life Fincl. Andra Ap accumulated 25,400 shares or 0.04% of the stock. Price T Rowe Md holds 0.1% of its portfolio in EQT Corporation (NYSE:EQT) for 9.30M shares. Glenmede Trust Co Na reported 0% of its portfolio in EQT Corporation (NYSE:EQT). Tricadia Cap Ltd Liability stated it has 13,110 shares or 0.37% of all its holdings. Dnb Asset Mngmt As stated it has 0.02% in EQT Corporation (NYSE:EQT). Nuveen Asset Lc has 0% invested in EQT Corporation (NYSE:EQT) for 4,227 shares. Knighthead Management Ltd Com reported 597,300 shares or 5.57% of all its holdings.

Nikko Asset Management Americas Inc increased Hdfc Bank Ltd (NYSE:HDB) stake by 52,300 shares to 199,400 valued at $19.22M in 2017Q3. It also upped Cme Group Inc (NASDAQ:CME) stake by 35,400 shares and now owns 91,400 shares. Visa Inc (NYSE:V) was raised too.

The stock increased 1.26% or $0.66 during the last trading session, reaching $53.19. About 562,995 shares traded. Eaton Vance Corp. (EV) has risen 29.11% since February 12, 2017 and is uptrending. It has outperformed by 12.41% the S&P500.

Analysts await Eaton Vance Corp. (NYSE:EV) to report earnings on February, 28. They expect $0.69 earnings per share, up 30.19% or $0.16 from last year’s $0.53 per share. EV’s profit will be $78.94M for 19.27 P/E if the $0.69 EPS becomes a reality. After $0.70 actual earnings per share reported by Eaton Vance Corp. for the previous quarter, Wall Street now forecasts -1.43% negative EPS growth.

Since January 1, 0001, it had 0 insider buys, and 21 insider sales for $32.86 million activity.

Three Corner Global Investors Lp holds 3.5% of its portfolio in Eaton Vance Corp. for 253,000 shares. Capital Management Corp Va owns 143,673 shares or 2.03% of their US portfolio. Moreover, Jlb & Associates Inc has 2% invested in the company for 165,473 shares. The New York-based Junto Capital Management Lp has invested 1.62% in the stock. Modera Wealth Management Llc, a Massachusetts-based fund reported 132,281 shares.