Tortoise Capital Advisors LLC Boosted Its Eqm Midstream Partners L.P. (EQM) Stake by $40.64 Million

Investors sentiment decreased to 0.74 in Q2 2019. Its down 0.31, from 1.05 in 2019Q1. It is negative, as 14 investors sold EQM shares while 54 reduced holdings. 12 funds opened positions while 38 raised stakes. 74.95 million shares or 0.79% more from 74.37 million shares in 2019Q1 were reported. Livforsakringsbolaget Skandia Omsesidigt stated it has 4,800 shares or 0.03% of all its holdings. Florida-based Raymond James And Assocs has invested 0% in EQM Midstream Partners, LP (NYSE:EQM). Moreover, Walnut Private Equity Prtn Ltd Liability has 3.01% invested in EQM Midstream Partners, LP (NYSE:EQM). Ballentine Prtnrs Ltd Llc has invested 0.04% in EQM Midstream Partners, LP (NYSE:EQM). Oppenheimer Asset Mngmt Inc has invested 0.01% in EQM Midstream Partners, LP (NYSE:EQM). Parametric Portfolio Assocs Lc owns 271,852 shares or 0.01% of their US portfolio. Rafferty Asset Mngmt Limited Liability has invested 0.04% in EQM Midstream Partners, LP (NYSE:EQM). Moreover, Captrust Fin Advsr has 0% invested in EQM Midstream Partners, LP (NYSE:EQM). Cap Advisers Ltd invested in 0% or 6,946 shares. Northwestern Mutual Wealth Mngmt invested in 434 shares. King Luther Management reported 8,800 shares. Apollo Holdings Limited Partnership owns 80,000 shares or 0.04% of their US portfolio. Ftb Inc accumulated 1,048 shares. Conning holds 0.05% of its portfolio in EQM Midstream Partners, LP (NYSE:EQM) for 32,568 shares. Tower Research Cap Ltd Company (Trc) holds 0% or 1 shares.

Tortoise Capital Advisors Llc increased its stake in Eqm Midstream Partners L.P. (EQM) by 6.68% based on its latest 2019Q2 regulatory filing with the SEC. Tortoise Capital Advisors Llc bought 923,585 shares as the company’s stock declined 16.55% . The hedge fund held 14.76 million shares of the public utilities company at the end of 2019Q2, valued at $659.48M, up from 13.84M at the end of the previous reported quarter. Tortoise Capital Advisors Llc who had been investing in Eqm Midstream Partners L.P. for a number of months, seems to be bullish on the $6.49 billion market cap company. The stock increased 4.16% or $1.24 during the last trading session, reaching $31.04. About 952,374 shares traded or 38.43% up from the average. EQM Midstream Partners, LP (NYSE:EQM) has declined 24.46% since September 13, 2018 and is downtrending. It has underperformed by 24.46% the S&P500.

Tortoise Capital Advisors Llc, which manages about $15.07 billion and $15.27B US Long portfolio, decreased its stake in Plains Gp Holdings L.P. by 243,608 shares to 9.61M shares, valued at $240.00 million in 2019Q2, according to the filing. It also reduced its holding in Enbridge Inc. (NYSE:ENB) by 318,479 shares in the quarter, leaving it with 5.85M shares, and cut its stake in Tallgrass Energy Lp.

More notable recent EQM Midstream Partners, LP (NYSE:EQM) news were published by: Seekingalpha.com which released: “EQM Midstream stops work on part of Mountain Valley pipeline – Seeking Alpha” on August 19, 2019, also Businesswire.com with their article: “Equitrans Midstream to Eliminate Incentive Distribution Rights – Business Wire” published on February 14, 2019, Seekingalpha.com published: “EQT Midstream Partners declares $1.16 dividend – Seeking Alpha” on July 24, 2019. More interesting news about EQM Midstream Partners, LP (NYSE:EQM) were released by: Benzinga.com and their article: “Stocks That Hit 52-Week Lows On Friday – Benzinga” published on August 23, 2019 as well as Businesswire.com‘s news article titled: “EQM Midstream Partners Completes Strategic Acquisition of Eureka Midstream and Hornet Midstream – Business Wire” with publication date: April 10, 2019.

EQM Midstream Partners, LP (NYSE:EQM) Ratings Coverage

Among 3 analysts covering EQT Midstream (NYSE:EQM), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. EQT Midstream has $46 highest and $3600 lowest target. $41.67’s average target is 34.25% above currents $31.04 stock price. EQT Midstream had 4 analyst reports since March 15, 2019 according to SRatingsIntel. The stock of EQM Midstream Partners, LP (NYSE:EQM) has “Hold” rating given on Friday, March 15 by RBC Capital Markets. The rating was maintained by Credit Suisse on Thursday, August 1 with “Neutral”.

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

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