Tortoise Capital Advisors Has Boosted Its Eqt (EQT) Holding; Shorts at Pennsylvania Real Estate Investm (PEI) Raised By 3.65%

January 19, 2018 - By Winifred Garcia

Tortoise Capital Advisors Llc increased Eqt Corp (EQT) stake by 91.43% reported in 2017Q3 SEC filing. Tortoise Capital Advisors Llc acquired 75,032 shares as Eqt Corp (EQT)’s stock declined 9.10%. The Tortoise Capital Advisors Llc holds 157,099 shares with $10.25 million value, up from 82,067 last quarter. Eqt Corp now has $14.92 billion valuation. The stock decreased 1.59% or $0.91 during the last trading session, reaching $56.24. About 843,277 shares traded. EQT Corporation (NYSE:EQT) has declined 18.61% since January 19, 2017 and is downtrending. It has underperformed by 35.31% the S&P500.

Pennsylvania Real Estate Investm (NYSE:PEI) had an increase of 3.65% in short interest. PEI’s SI was 16.35M shares in January as released by FINRA. Its up 3.65% from 15.77M shares previously. With 1.45M avg volume, 11 days are for Pennsylvania Real Estate Investm (NYSE:PEI)’s short sellers to cover PEI’s short positions. The stock decreased 0.17% or $0.02 during the last trading session, reaching $11.43. About 512,557 shares traded. Pennsylvania Real Estate Investment Trust (NYSE:PEI) has declined 47.73% since January 19, 2017 and is downtrending. It has underperformed by 64.43% the S&P500.

Among 7 analysts covering Pennslyvania Real Estate Investment Trust (NYSE:PEI), 0 have Buy rating, 1 Sell and 6 Hold. Therefore 0 are positive. Pennslyvania Real Estate Investment Trust had 17 analyst reports since January 26, 2016 according to SRatingsIntel. As per Monday, August 14, the company rating was maintained by Citigroup. Stifel Nicolaus downgraded it to “Hold” rating and $22 target in Monday, December 12 report. The rating was downgraded by Suntrust Robinson to “Hold” on Friday, January 20. The stock of Pennsylvania Real Estate Investment Trust (NYSE:PEI) has “Hold” rating given on Wednesday, September 6 by Boenning & Scattergood. Stifel Nicolaus maintained Pennsylvania Real Estate Investment Trust (NYSE:PEI) rating on Friday, July 14. Stifel Nicolaus has “Hold” rating and $11.5 target. The rating was maintained by Boenning & Scattergood with “Hold” on Thursday, August 10. As per Monday, March 7, the company rating was maintained by Barclays Capital. The firm earned “Hold” rating on Friday, November 3 by Boenning & Scattergood. Barclays Capital downgraded the shares of PEI in report on Tuesday, January 26 to “Underperform” rating. Stifel Nicolaus maintained the shares of PEI in report on Friday, September 8 with “Hold” rating.

Pennsylvania Real Estate Investment Trust is a publicly owned equity real estate investment trust. The company has market cap of $893.83 million. The firm manages owns, manages, develops, acquires, and leases mall and power and strip centers primarily in the Eastern United States. It currently has negative earnings. It also provides management, leasing, and development services to affiliate and third party property owners.

Investors sentiment increased to 1.53 in 2017 Q3. Its up 0.10, from 1.43 in 2017Q2. It increased, as 18 investors sold Pennsylvania Real Estate Investment Trust shares while 42 reduced holdings. 26 funds opened positions while 66 raised stakes. 68.13 million shares or 7.16% more from 63.58 million shares in 2017Q2 were reported. Susquehanna Gru Llp accumulated 0% or 212,782 shares. Legal & General Grp Public Limited Company owns 309,760 shares. 107,751 were reported by Walleye Trading Ltd Liability Corp. Teachers Retirement System Of The State Of Kentucky reported 24,000 shares. 261,686 were accumulated by Tiaa Cref Mngmt Limited Co. 64,520 were accumulated by Pinebridge Ltd Partnership. 2,093 are owned by Meeder Asset Management. First Tru Advisors Ltd Partnership holds 0% or 20,897 shares. State Of Tennessee Treasury Department holds 0% of its portfolio in Pennsylvania Real Estate Investment Trust (NYSE:PEI) for 60,921 shares. Symons Capital Mgmt has invested 0.08% in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Swiss Savings Bank has invested 0% of its portfolio in Pennsylvania Real Estate Investment Trust (NYSE:PEI). National Bank Of Ny Mellon has invested 0% of its portfolio in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Aqr Mngmt Limited Liability holds 0% of its portfolio in Pennsylvania Real Estate Investment Trust (NYSE:PEI) for 10,341 shares. Amica Pension Fund Board Of Trustees reported 225,031 shares. Millennium Management Llc has 0.03% invested in Pennsylvania Real Estate Investment Trust (NYSE:PEI) for 1.66M shares.

Since January 1, 2018, it had 2 insider purchases, and 0 insider sales for $40,356 activity. Another trade for 558 shares valued at $31,761 was made by Cary A. Bray Jr. on Monday, January 1. Another trade for 151 shares valued at $8,595 was bought by Szydlowski Norman J.

Tortoise Capital Advisors Llc decreased Eog Res Inc (NYSE:EOG) stake by 6,724 shares to 288,549 valued at $27.91 million in 2017Q3. It also reduced Olin Corp (NYSE:OLN) stake by 19,121 shares and now owns 42 shares. Holly Energy Partners LP (NYSE:HEP) was reduced too.

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