Tide Point Capital Management LP Has Decreased Position in Six Flags Entmt New (SIX) by $3.43 Million as Shares Declined; Md Sass Investors Services Cut Eqt (EQT) Position as Share Value Declined

February 16, 2018 - By Michael Collier

Martin D. Sass decreased its stake in Eqt Corp (EQT) by 36.07% based on its latest 2017Q3 regulatory filing with the SEC. Md Sass Investors Services Inc sold 351,631 shares as the company’s stock declined 9.10% while stock markets rallied. The hedge fund run by Martin D. Sass held 623,325 shares of the oil & gas production company at the end of 2017Q3, valued at $40.66M, down from 974,956 at the end of the previous reported quarter. Md Sass Investors Services Inc who had been investing in Eqt Corp for a number of months, seems to be less bullish one the $14.07B market cap company. The stock decreased 0.54% or $0.29 during the last trading session, reaching $53.05. About 2.19 million shares traded. EQT Corporation (NYSE:EQT) has declined 18.61% since February 16, 2017 and is downtrending. It has underperformed by 35.31% the S&P500.

Christopher A. Winham decreased its stake in Six Flags Entmt Corp New (SIX) by 16.72% based on its latest 2017Q3 regulatory filing with the SEC. Tide Point Capital Management Lp sold 57,115 shares as the company’s stock declined 0.34% while stock markets rallied. The hedge fund run by Christopher A. Winham held 284,486 shares of the services-misc. amusement & recreation company at the end of 2017Q3, valued at $17.34M, down from 341,601 at the end of the previous reported quarter. Tide Point Capital Management Lp who had been investing in Six Flags Entmt Corp New for a number of months, seems to be less bullish one the $5.88B market cap company. The stock increased 2.61% or $1.785 during the last trading session, reaching $70.135. About 656,891 shares traded. Six Flags Entertainment Corporation (NYSE:SIX) has risen 5.91% since February 16, 2017 and is uptrending. It has underperformed by 10.79% the S&P500.

Among 21 analysts covering EQT Corporation (NYSE:EQT), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. EQT Corporation had 80 analyst reports since July 21, 2015 according to SRatingsIntel. Global Hunter Securities upgraded the stock to “Buy” rating in Friday, August 14 report. On Friday, April 7 the stock rating was maintained by Jefferies with “Hold”. The rating was maintained by BMO Capital Markets on Friday, July 28 with “Buy”. The stock of EQT Corporation (NYSE:EQT) has “Buy” rating given on Wednesday, October 18 by Cowen & Co. On Thursday, October 26 the stock rating was maintained by SunTrust with “Hold”. As per Friday, July 14, the company rating was upgraded by Scotia Capital. The firm has “Buy” rating by Citigroup given on Friday, October 28. On Thursday, November 9 the stock rating was maintained by RBC Capital Markets with “Hold”. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Wednesday, March 2 report. The company was maintained on Wednesday, December 20 by RBC Capital Markets.

Since January 1, 2018, it had 2 buys, and 0 sales for $40,356 activity. Szydlowski Norman J had bought 151 shares worth $8,595 on Monday, January 1.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.20, from 0.88 in 2017Q2. It increased, 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. Cubist Systematic Strategies Lc invested 0.07% in EQT Corporation (NYSE:EQT). Commerce Bancshares reported 0.01% of its portfolio in EQT Corporation (NYSE:EQT). New York-based Tower Rech Cap Limited Com (Trc) has invested 0.01% in EQT Corporation (NYSE:EQT). New Mexico Educational Retirement Board accumulated 16,127 shares. Retirement Of Alabama has 0.03% invested in EQT Corporation (NYSE:EQT). 917 were accumulated by Amica Retiree Med. Royal Comml Bank Of Canada has 349,279 shares for 0.01% of their portfolio. Pennsylvania-based Mycio Wealth Prtnrs Limited Liability has invested 0.1% in EQT Corporation (NYSE:EQT). Brinker stated it has 0.06% in EQT Corporation (NYSE:EQT). Us Financial Bank De reported 20,379 shares or 0% of all its holdings. 29,999 are owned by Bancshares Of Nova Scotia. The New York-based Blackrock has invested 0.05% in EQT Corporation (NYSE:EQT). Parametric Associate Ltd invested in 0.03% or 366,583 shares. Highvista Strategies Ltd Limited Liability Company holds 15,442 shares. Hap Trading Limited Company has 0.11% invested in EQT Corporation (NYSE:EQT) for 35,632 shares.

Tide Point Capital Management Lp, which manages about $378.20 million and $1.94B US Long portfolio, upped its stake in General Dynamics Corp (NYSE:GD) by 144,700 shares to 387,830 shares, valued at $79.73 million in 2017Q3, according to the filing. It also increased its holding in Parker Hannifin Corp (NYSE:PH) by 74,647 shares in the quarter, for a total of 337,417 shares, and has risen its stake in Vulcan Matls Co (NYSE:VMC).

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