Short Interest in Qep Resources (QEP) Drops By 13.2%

Tuesday, 17 Apr, 2018

The active investment managers in our database now have: 4.49 million shares, up from 4.46 million shares in 2017Q3. Savant Capital LLC purchased a new stake in Qep Resources in the 4th quarter valued at about $108,000. Presently, Qep Resources (QEP)'s Williams Percent Range or 14 day Williams %R is resting at -4. The company's distance from 52-week high price is -12.64 percent and while the current price is 60.54 percent from 52-week low price.

Analysts Mean Recommendation/Target Price/Volume: The stock exchanged hands with 6623006 numbers of shares contrast to its average daily volume of 6.73M shares. After having $1.13 EPS previously, QEP Resources, Inc.'s analysts see -111.50% EPS growth. QEP underperformed by 34.33% the S&P 500. This buyback authorization permits the pipeline company to buy shares of its stock through open market purchases. Market capitalization is just a fancy declare for a comprehensible concept: it is the market value of a company's outstanding shares. The ATR (Average True Range) value is 0.43. Pettyjohn Wood And White holds 1.67% or 43,204 shares in its portfolio. On Monday, December 11 the stock of QEP Resources, Inc. It has outperformed by 1.83% the S&P500. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.86 average brokerage recommendation. Therefore 54% are positive. Piper Jaffray maintained it with "Buy" rating and $14.0 target in Tuesday, January 9 report. On Tuesday, November 7 the stock of QEP Resources, Inc. (NYSE:QEP). 287,910 are held by River Road Asset Lc. SunTrust has "Hold" rating and $10.0 target. As per Tuesday, October 10, the company rating was maintained by BMO Capital Markets.

Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 24 have Buy rating, 3 Sell and 12 Hold. Cantor Fitzgerald initiated the shares of QEP in report on Wednesday, December 23 with "Buy" rating. On Tuesday, January 16 the company was maintained by Mizuho. The third largest holder is State Street Corp, which now holds $122.62 million worth of this stock and that ownership represents almost 4.38% of its market capitalization.

The volatility value is used by the investors for various reasons and purposes in measuring the fundamental price change and the rate of variation in QEP's price.

QEP Resources, Inc., through its subsidiaries, operates as a natural gas and crude oil exploration and production firm in the United States. The company has a market cap of $2,604.87, a price-to-earnings ratio of 14.64 and a beta of 1.53. It has a 20.19 P/E ratio.

Brown Tom Inc (NYSE:TBI) institutional sentiment decreased to 0.88 in Q4 2017.

As of now, QEP Resources, Inc. has a P/S, P/E and P/B values of 1.72, 10.2 and 0.71 respectively. Funds hold 207.43 million shares thus 5.41% less from 2017Q3's 219.29 million shares. With an institutional ownership near 38.5%, it carries an earnings per share ratio of 0.5. Maine-based Schroder Investment Mgmt Grp Incorporated has invested 0.02% in QEP Resources, Inc. (NYSE:QEP). Connor Clark And Lunn Inv Management Ltd reported 448,868 shs. At present, 0 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. State Board Of Administration Of Florida Retirement System owns 371,650 shares. Cubist Systematic Strategies Limited Liability Co owns 90,244 shares. KS bought a new stake in shares of Qep Resources in the 4th quarter valued at $100,000. Ing Groep Nv stated it has 36,355 shares or 0.01% of all its holdings. (NYSE:QEP). Texas-based Cushing Asset Mngmt Lp has invested 0.09% in QEP Resources, Inc. (NYSE:QEP). Goldman Sachs Grp has invested 0.01% in QEP Resources, Inc. (NYSE:QEP). Ls Advsr Limited Liability Company owns 15,501 shs for 0.01% of their capital.

Since February 2, 2018, it had 0 buys, and 7 insider sales for $14.98 million activity. (NYSE:QEP) earned "Buy" rating by Piper Jaffray. About 6.32 million shares traded. For the long-term approach of trading or also can for short period of time, 200 days MA can also help to get idea about trading, QEP has 25.69% which indicates Bullish trends and this can also make isolating trends easier. (NYSE:QEP) to report $-0.13 EPS on April, 25.They anticipate $0.01 EPS change or 7.14% from last quarter's $-0.14 EPS. TBI's profit will be $8.34M for 32.20 P/E if the $0.21 EPS becomes a reality. After $1.89 actual EPS reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts -11.11% negative EPS growth.

Investors are looking attentively on movement of stock as RSI reading reached at 73.88 because on this mostly stock considered as overbought or oversold. 162 funds opened positions while 508 raised stakes. Jpmorgan Chase And owns 463,567 shares for 0% of their portfolio. South Dakota Invest Council reported 210,055 shares or 0.5% of all its holdings. The insider now directly owns 308,190 shares worth $3,473,301.