Somewhat Positive Press Coverage Likely to Affect QEP Resources (QEP) Stock Price

Qep Resources (NYSE:QEP) shares traded -0.54% down during most recent session to reach at the closing price of $9.18. The stock witnessed 0.54% gains, 5.96% gains and 12.62% gains for the 1-month, 3-month and 6-month period, respectively.

A number of hedge funds have recently added to or reduced their stakes in QEP. They issued a "market perform" rating on the stock. Finally, Municipal Employees Retirement System of MI increased its position in shares of QEP Resources by 0.3% in the first quarter. Paloma Partners Management Co now owns 133,439 shares of the pipeline company's stock valued at $1,696,000 after buying an additional 15,632 shares during the period. Retirement Systems of Alabama raised its stake in shares of QEP Resources by 4.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 84,517 shares of the pipeline company's stock valued at $1,074,000 after buying an additional 1,200 shares during the period. Capstone Asset Management Co. increased its position in shares of QEP Resources by 1.7% in the second quarter. Flinton Capital Management LLC now owns 13,040 shares of the pipeline company's stock worth $166,000 after buying an additional 544 shares in the last quarter. Guggenheim Capital LLC raised its stake in shares of QEP Resources by 9.8% in the fourth quarter. Capstone Asset Management Co. now owns 19,267 shares of the pipeline company's stock worth $195,000 after buying an additional 320 shares in the last quarter. Thrivent Financial for Lutherans now owns 41,060 shares of the pipeline company's stock worth $756,000 after buying an additional 3,340 shares during the last quarter. Institutional investors own 92.24% of the company's stock.

ILLEGAL ACTIVITY WARNING: "QEP Resources, Inc". Atlantic Trust Gp Ltd Com stated it has 0.02% in QEP Resources Inc (NYSE:QEP). (NYSE:QEP) stock went gone down with a prior 52-week high of $21.12.During the session shares traded on below-average volume. With that said, researchers took a deep dive into the hotly debated question: is it too early to buy QEP Resources, Inc. Analysts have a mean recommendation of 2.10 on this stock.

Over the past 50 days, QEP Resources, Inc. stock's -22.58% off of the high and 7.93% removed from the low. The pipeline company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.21) by $0.07. The firm had revenue of $420.10 million during the quarter, compared to analysts' expectations of $402.16 million. During the same quarter previous year, the business posted ($0.53) earnings per share.

More news: NY Decreases Stake in Church & Dwight Company, Inc. (CHD)

On average, analysts expect that QEP Resources will report full-year earnings of ($0.64) per share for the current year, with EPS estimates ranging from ($0.79) to ($0.35). Teacher Retirement System of Texas boosted its position in shares of QEP Resources by 1.6% in the first quarter. "(QEP)" was reported by BBNS and is the property of of BBNS. If you are viewing this article on another domain, it was copied illegally and reposted in violation of worldwide copyright and trademark law. The original version of this piece can be viewed at

A number of analysts have recently commented on the company. Stifel Nicolaus assumed coverage on QEP Resources in a report on Wednesday, April 12th. They issued a "buy" rating and a $21.00 price objective for the company. Finally, FBR & Co set a $20.00 target price on QEP Resources and gave the stock a "buy" rating in a research note on Saturday, April 15th. Out of 5 Wall Street analysts rating QEP Resources, 4 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". They now have a Dollars 15 price target on the stock. Barclays PLC restated a "buy" rating and set a $10.00 target price on shares of QEP Resources in a report on Friday, July 7th.

Based on the latest notes released to investors, 7 analysts have issued a rating of "buy", 7 analysts "outperform", 8 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance.

QEP Resources, Inc is an independent crude oil and natural gas exploration and production company.

Like this



15 July 2017
Donald Trump on tape declaring 'beautiful' Brigitte Macron 'in such good shape'
PRESIDENT EMMANUEL MACRON: (Through interpreter) This evening at the Eiffel Tower, it will be a dinner between friends. The sequence, accompanied by a choir, with at least one member holding back tears, ended with a minute of silence.

15 July 2017
Active Duty Army Soldier Arrested in Hawaii on Terrorism Charges
Kang had received the highest level of combat training available in the Army and was a mixed martial arts enthusiast. Kang deployed to Iraq from March 2010 to February 2011, and to Afghanistan from July 2013 to April 2014.

15 July 2017
Mourinho opens up on Man Utd's failed Alvaro Morata move
Imagine if we signed Morata as well as Lukaku, the firepower there could push us towards the title for sure. However, the Old Trafford club were successful in beating the Blues in signing the Premier League striker.

15 July 2017
The Walking Dead production shuts down after stuntman dies on set
John Bernecker , a stuntman on AMC's " The Walking Dead ." has died from injuries suffered on the show's set in Georgia.

15 July 2017
Second-born children more likely to get in trouble, become criminals
What makes second-born boys more likely to act out? They are said to be or to do all of the above-stated things and more. According to a report from Joseph Doyle, an MIT economist, the "curse of the second-born child" might be true after all.

15 July 2017
Army man killed in cross LoC firing in Rajouri
A senior police officer said the bodies of the terrorists were yet to be recovered and that the exchange of fire continued. Paying tributes to Naseer, the spokesman said he was a fearless and honest soldier who loved his job to the core.

15 July 2017
Cueto leaves with blisters as Giants beat Padres 5-4
NOTES: Giants INF Eduardo Nunez (hamstring) was activated off the disabled list and started at third base. San Diego tied it in the second on Blash's RBI double followed by Erick Aybar's run-scoring base hit.

15 July 2017
FDO Partners LLC Takes Position in Air Products and Chemicals, Inc. (NYSE:APD)
Schwab Charles Investment Management Inc. boosted its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD). Analysts forecast that Air Products and Chemicals, Inc. will post $6.15 earnings per share for the current year.

15 July 2017
Human remains found in search for 4 missing men
DiNardo's history of mental illness includes involuntary commitment, a schizophrenia diagnosis and repeated contacts with police. Lawyer Paul Lang , a defense attorney for DiNardo, said Thursday that his client has admitted killing the four men.

15 July 2017
Dick's Sporting Goods Inc (NYSE:DKS) Stock Rating Lowered by Cleveland Research
When getting into the markets, most investors realize that riskier stocks may have an increased potential for higher returns. It increased, as 18 investors sold GSAT shares while 42 reduced holdings. 33 funds opened positions while 103 raised stakes.