QEP Resources (QEP) Stock “Buy” Rating Reiterated at BMO Capital; The Price Objective is $11.0; Logmein (LOGM) Shorts Down By 12.45%

November 15, 2017 - By Winifred Garcia

Logmein Incorporated (NASDAQ:LOGM) had a decrease of 12.45% in short interest. LOGM’s SI was 2.67M shares in November as released by FINRA. Its down 12.45% from 3.05M shares previously. With 733,900 avg volume, 4 days are for Logmein Incorporated (NASDAQ:LOGM)’s short sellers to cover LOGM’s short positions. The SI to Logmein Incorporated’s float is 5.17%. The stock decreased 0.95% or $1.1 during the last trading session, reaching $114.5. About 1,270 shares traded. LogMeIn Inc (NASDAQ:LOGM) has risen 101.86% since November 15, 2016 and is uptrending. It has outperformed by 85.16% the S&P500.

Among 22 analysts covering QEP Resources (NYSE:QEP), 12 have Buy rating, 0 Sell and 10 Hold. Therefore 55% are positive. QEP Resources has $29 highest and $8 lowest target. $17.82’s average target is 103.66% above currents $8.75 stock price. QEP Resources had 48 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of QEP Resources Inc (NYSE:QEP) has “Buy” rating given on Thursday, October 6 by Mizuho. BMO Capital Markets maintained it with “Buy” rating and $1100 target in Monday, June 26 report. Goldman Sachs initiated the shares of QEP in report on Thursday, October 6 with “Neutral” rating. The rating was upgraded by Goldman Sachs on Thursday, November 19 to “Buy”. The company was upgraded on Monday, July 18 by BMO Capital Markets. The stock of QEP Resources Inc (NYSE:QEP) has “Hold” rating given on Tuesday, July 18 by Deutsche Bank. The firm earned “Outperform” rating on Friday, February 10 by Wells Fargo. The stock has “Buy” rating by Cowen & Co on Wednesday, September 27. The rating was maintained by BMO Capital Markets on Tuesday, October 10 with “Buy”. The company was maintained on Tuesday, September 26 by Barclays Capital.

Analysts await QEP Resources Inc (NYSE:QEP) to report earnings on February, 28. They expect $-0.07 earnings per share, up 53.33% or $0.08 from last year’s $-0.15 per share. After $-0.10 actual earnings per share reported by QEP Resources Inc for the previous quarter, Wall Street now forecasts -30.00% EPS growth.

The stock decreased 3.37% or $0.31 during the last trading session, reaching $8.75. About 5,870 shares traded. QEP Resources Inc (NYSE:QEP) has declined 34.57% since November 15, 2016 and is downtrending. It has underperformed by 51.27% the S&P500.

QEP Resources, Inc. is an independent natural gas and crude oil exploration and production company. The company has market cap of $2.11 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.

Investors sentiment increased to 1.3 in 2017 Q2. Its up 0.25, from 1.05 in 2017Q1. It increased, as 35 investors sold QEP Resources Inc shares while 75 reduced holdings. 32 funds opened positions while 111 raised stakes. 221.16 million shares or 1.99% more from 216.85 million shares in 2017Q1 were reported. Elm Ridge Mngmt Limited Liability Corporation has 605,892 shares for 2.01% of their portfolio. Smith Asset Management Gru L P holds 2,590 shares or 0% of its portfolio. Pacad Invest Ltd reported 0.02% stake. Weaver C Barksdale Assocs has 895 shares. Investec Asset Management Limited reported 1.35 million shares. Gamco Et Al holds 0% or 60,000 shares in its portfolio. Group One Trading L P has invested 0% of its portfolio in QEP Resources Inc (NYSE:QEP). Denver Inv Advsr Ltd Liability has invested 0.01% of its portfolio in QEP Resources Inc (NYSE:QEP). Voya Inv Mngmt Ltd Liability Company has invested 0.03% of its portfolio in QEP Resources Inc (NYSE:QEP). Da Davidson And reported 0% of its portfolio in QEP Resources Inc (NYSE:QEP). Boston stated it has 10.99 million shares or 0.14% of all its holdings. Moreover, Tower Capital Ltd Llc (Trc) has 0% invested in QEP Resources Inc (NYSE:QEP). Geode Capital Management Llc accumulated 1.88M shares. Legal And General Public Ltd invested 0% in QEP Resources Inc (NYSE:QEP). Guggenheim Cap Ltd Liability Corporation has 0.01% invested in QEP Resources Inc (NYSE:QEP).

LogMeIn, Inc. provides a portfolio of cloud service offerings, which helps people and businesses to connect to their workplace, colleagues and customers. The company has market cap of $6.03 billion. The Company’s core cloud services are categorized into four business lines: Communications and Collaboration; Engagement and Support; Identity and Access, and Additional Service Offerings. It has a 1087.99 P/E ratio. The Company’s communication and collaboration services include GoToMeeting; GoToTraining; GoToWebinar; join.me, join.me pro and join.me enterprise; OpenVoice, and Grasshopper.

Investors sentiment decreased to 1.02 in Q2 2017. Its down 3.31, from 4.33 in 2017Q1. It turned negative, as 59 investors sold LogMeIn Inc shares while 116 reduced holdings. 66 funds opened positions while 113 raised stakes. 48.76 million shares or 49.78% less from 97.10 million shares in 2017Q1 were reported. Great West Life Assurance Can holds 0.01% of its portfolio in LogMeIn Inc (NASDAQ:LOGM) for 31,409 shares. Ww Asset Mgmt invested 0.01% of its portfolio in LogMeIn Inc (NASDAQ:LOGM). Comerica Bankshares owns 41,096 shares for 0.03% of their portfolio. Dimensional Fund Advsrs L P holds 0.02% or 378,597 shares in its portfolio. Shell Asset Mgmt stated it has 117 shares. M&T State Bank has invested 0% of its portfolio in LogMeIn Inc (NASDAQ:LOGM). Cambridge Invest Rech has 0.02% invested in LogMeIn Inc (NASDAQ:LOGM). Valinor Mngmt Limited Partnership holds 989,308 shares or 3.15% of its portfolio. Finance Architects has 90 shares. Gideon Capital Advisors Inc stated it has 0.31% in LogMeIn Inc (NASDAQ:LOGM). Amer Capital Mgmt invested 0.01% in LogMeIn Inc (NASDAQ:LOGM). Hsbc Plc owns 28,092 shares. California State Teachers Retirement Systems has 0.02% invested in LogMeIn Inc (NASDAQ:LOGM). Ci Investments Inc reported 32,275 shares. Moreover, Bancorporation Of Mellon has 0.05% invested in LogMeIn Inc (NASDAQ:LOGM) for 1.56M shares.

Since May 16, 2017, it had 0 buys, and 12 sales for $8.70 million activity. Shares for $557,345 were sold by Donahue Michael J on Friday, May 26. Ford W. Sean had sold 2,647 shares worth $291,314 on Friday, May 26. Simon Michael K sold $2.26 million worth of stock or 20,000 shares. $1.42 million worth of LogMeIn Inc (NASDAQ:LOGM) was sold by CALDERONI ROBERT on Friday, June 9. GILLIS EDWIN J also sold $1.64M worth of LogMeIn Inc (NASDAQ:LOGM) shares. 640 shares were sold by Lok James, worth $74,272 on Tuesday, May 16. Shares for $164,990 were sold by Herdiech Edward K. on Friday, May 26.

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