EQT Midstream Partners (EQM) Stock Rating Reaffirmed by Analysts at Barclays; The $68 Target Indicates 8.54% Potential; Dynagas Lng Partners Lpunits (DLNG) Sellers Increased By 11.68% Their Shorts

April 17, 2018 - By Stephen Andrade

Dynagas Lng Partners Lpunits (NYSE:DLNG) had an increase of 11.68% in short interest. DLNG’s SI was 430,300 shares in April as released by FINRA. Its up 11.68% from 385,300 shares previously. With 132,400 avg volume, 3 days are for Dynagas Lng Partners Lpunits (NYSE:DLNG)’s short sellers to cover DLNG’s short positions. The SI to Dynagas Lng Partners Lpunits’s float is 2.16%. The stock increased 0.47% or $0.05 during the last trading session, reaching $10.61. About 57,580 shares traded. Dynagas LNG Partners LP (NYSE:DLNG) has declined 40.46% since April 17, 2017 and is downtrending. It has underperformed by 52.01% the S&P500.

EQT Midstream Partners (NYSE:EQM) had its stock rating noted as “Overweight” by analysts at Barclays. Barclays currently has a $68 target price per share on the $5.05B market cap company or 8.54% upside potential. This was disclosed to clients in a report on 17 April.

Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company has market cap of $376.93 million. The firm owns and operates liquefied natural gas carriers. It has a 35.6 P/E ratio. As of March 20, 2017, its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 913,980 cubic meters.

Among 8 analysts covering Dynagas LNG Partners (NYSE:DLNG), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. Dynagas LNG Partners had 26 analyst reports since August 27, 2015 according to SRatingsIntel. Deutsche Bank downgraded Dynagas LNG Partners LP (NYSE:DLNG) on Monday, February 22 to “Hold” rating. The stock of Dynagas LNG Partners LP (NYSE:DLNG) earned “Buy” rating by Stifel Nicolaus on Thursday, April 6. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, July 20. The firm has “Market Perform” rating by Wells Fargo given on Monday, September 19. Jefferies maintained the stock with “Buy” rating in Monday, July 17 report. Stifel Nicolaus maintained Dynagas LNG Partners LP (NYSE:DLNG) on Monday, December 21 with “Buy” rating. On Friday, February 16 the stock rating was maintained by Jefferies with “Buy”. The firm has “Buy” rating by Jefferies given on Monday, August 21. The firm has “Buy” rating given on Thursday, August 24 by Stifel Nicolaus. Jefferies maintained the stock with “Buy” rating in Monday, September 25 report.

Analysts await EQT Midstream Partners, LP (NYSE:EQM) to report earnings on April, 26 before the open. They expect $1.44 EPS, up 5.88% or $0.08 from last year’s $1.36 per share. EQM’s profit will be $116.03 million for 10.88 P/E if the $1.44 EPS becomes a reality. After $1.28 actual EPS reported by EQT Midstream Partners, LP for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.16, from 1.15 in 2017Q3. It dropped, as 19 investors sold EQT Midstream Partners, LP shares while 65 reduced holdings. 26 funds opened positions while 57 raised stakes. 55.72 million shares or 2.06% less from 56.89 million shares in 2017Q3 were reported. 11,950 were accumulated by Goodwin Daniel L. A D Beadell Counsel invested in 3,095 shares. Clear Harbor Asset Mgmt Ltd Liability Company has 0.08% invested in EQT Midstream Partners, LP (NYSE:EQM) for 6,150 shares. King Luther holds 8,800 shares or 0.01% of its portfolio. Morgan Stanley accumulated 1.57M shares. Alps Advsr Inc owns 4.87M shares for 2.47% of their portfolio. Barclays Public Limited Com holds 0.01% of its portfolio in EQT Midstream Partners, LP (NYSE:EQM) for 216,067 shares. Moreover, Cv Starr & Inc Trust has 2.08% invested in EQT Midstream Partners, LP (NYSE:EQM). Bancshares Of America Corporation De has invested 0.01% in EQT Midstream Partners, LP (NYSE:EQM). Westwood Hldgs Grp Inc invested in 0.57% or 1.04 million shares. Eagle Glob Limited Liability Corporation owns 423,692 shares. Raymond James Advsr stated it has 44,198 shares or 0.02% of all its holdings. Jennison Associate Limited Liability has invested 0.02% in EQT Midstream Partners, LP (NYSE:EQM). Manufacturers Life Insurance Company The stated it has 0% in EQT Midstream Partners, LP (NYSE:EQM). Veritable Ltd Partnership reported 5,723 shares.

EQT Midstream Partners, LP provides natural gas transmission, storage, and gathering services in Pennsylvania, West Virginia, and Ohio. The company has market cap of $5.05 billion. The firm owns, operates, acquires, and develops midstream assets in the Appalachian Basin. It has a 12.07 P/E ratio. As of December 31, 2016, it had 13.5 trillion cubic feet of natural gas equivalents of proved natural gas, natural gas liquids, and crude oil reserves.

The stock increased 1.54% or $0.95 during the last trading session, reaching $62.65. About 253,791 shares traded. EQT Midstream Partners, LP (NYSE:EQM) has declined 25.44% since April 17, 2017 and is downtrending. It has underperformed by 36.99% the S&P500.

Among 15 analysts covering EQT Midstream Partners (NYSE:EQM), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. EQT Midstream Partners has $110 highest and $67 lowest target. $85.73’s average target is 36.84% above currents $62.65 stock price. EQT Midstream Partners had 39 analyst reports since August 13, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, July 23 report. Stifel Nicolaus initiated the stock with “Hold” rating in Thursday, March 17 report. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, November 18 report. The rating was downgraded by RBC Capital Markets to “Hold” on Monday, February 12. Stifel Nicolaus maintained EQT Midstream Partners, LP (NYSE:EQM) rating on Wednesday, January 17. Stifel Nicolaus has “Buy” rating and $90 target. The rating was downgraded by Howard Weil on Tuesday, December 15 to “Sector Perform”. Morgan Stanley maintained the shares of EQM in report on Friday, July 14 with “Overweight” rating. The rating was upgraded by Seaport Global to “Buy” on Monday, April 9. Scotia Capital maintained the stock with “Hold” rating in Monday, April 24 report. The firm earned “Buy” rating on Tuesday, January 16 by RBC Capital Markets.

EQT Midstream Partners, LP (NYSE:EQM) Institutional Positions Chart

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