Eqt Midstream Partners LP (EQM) Holder Mariner Investment Group Trimmed Its Position as Stock Price Declined; As Oracle Com (ORCL) Stock Value Declined, Baker Avenue Asset Management LP Cut Its Position by $1.01 Million

May 22, 2018 - By Marie Mckinney

Oracle Corporation (NYSE:ORCL) Logo

William Michaelcheck decreased its stake in Eqt Midstream Partners Lp (EQM) by 3.74% based on its latest 2017Q4 regulatory filing with the SEC. Mariner Investment Group Llc sold 6,806 shares as the company’s stock declined 21.10% with the market. The hedge fund run by William Michaelcheck held 175,384 shares of the public utilities company at the end of 2017Q4, valued at $12.82M, down from 182,190 at the end of the previous reported quarter. Mariner Investment Group Llc who had been investing in Eqt Midstream Partners Lp for a number of months, seems to be less bullish one the $4.42B market cap company. The stock increased 1.22% or $0.66 during the last trading session, reaching $54.83. About 844,093 shares traded or 49.47% up from the average. EQT Midstream Partners, LP (NYSE:EQM) has declined 25.44% since May 22, 2017 and is downtrending. It has underperformed by 36.99% the S&P500.

Baker Avenue Asset Management Lp decreased its stake in Oracle Corp Com (ORCL) by 49.17% based on its latest 2017Q4 regulatory filing with the SEC. Baker Avenue Asset Management Lp sold 21,457 shares as the company’s stock declined 4.18% with the market. The institutional investor held 22,181 shares of the prepackaged software company at the end of 2017Q4, valued at $1.05M, down from 43,638 at the end of the previous reported quarter. Baker Avenue Asset Management Lp who had been investing in Oracle Corp Com for a number of months, seems to be less bullish one the $192.73B market cap company. The stock increased 1.92% or $0.89 during the last trading session, reaching $47.21. About 13.42M shares traded. Oracle Corporation (NYSE:ORCL) has risen 1.20% since May 22, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Analysts await Oracle Corporation (NYSE:ORCL) to report earnings on June, 20. They expect $0.86 earnings per share, up 4.88% or $0.04 from last year’s $0.82 per share. ORCL’s profit will be $3.51B for 13.72 P/E if the $0.86 EPS becomes a reality. After $0.75 actual earnings per share reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 14.67% EPS growth.

More important recent Oracle Corporation (NYSE:ORCL) news were published by: Fool.com which released: “Better Buy: International Business Machines (IBM) vs. Oracle (ORCL)” on May 09, 2018, also Seekingalpha.com published article titled: “Oracle’s New Sales Tool To Grow Cloud Business”, Bizjournals.com published: “Oracle picks chief of Austin startup accelerator, its first in US” on May 21, 2018. More interesting news about Oracle Corporation (NYSE:ORCL) was released by: Seekingalpha.com and their article: “Oracle buys DataScience.com” with publication date: May 16, 2018.

Among 43 analysts covering Oracle (NYSE:ORCL), 27 have Buy rating, 0 Sell and 16 Hold. Therefore 63% are positive. Oracle had 116 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Thursday, September 17 by Morgan Stanley. The stock has “Buy” rating by Cowen & Co on Monday, October 23. RBC Capital Markets maintained Oracle Corporation (NYSE:ORCL) on Thursday, December 17 with “Outperform” rating. Rosenblatt maintained Oracle Corporation (NYSE:ORCL) on Friday, December 15 with “Buy” rating. Wedbush maintained Oracle Corporation (NYSE:ORCL) on Friday, December 16 with “Neutral” rating. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Thursday, October 12 by Credit Suisse. The company was downgraded on Tuesday, March 20 by KeyBanc Capital Markets. The stock has “Neutral” rating by Wedbush on Thursday, March 16. The company was maintained on Friday, September 15 by Credit Suisse. The stock of Oracle Corporation (NYSE:ORCL) has “Buy” rating given on Wednesday, March 16 by Goldman Sachs.

Investors sentiment increased to 1.15 in Q4 2017. Its up 0.02, from 1.13 in 2017Q3. It is positive, as 80 investors sold ORCL shares while 488 reduced holdings. 126 funds opened positions while 526 raised stakes. 2.29 billion shares or 1.37% less from 2.32 billion shares in 2017Q3 were reported. Invesco holds 20.74M shares or 0.35% of its portfolio. Mawer Investment Management Ltd holds 3.14 million shares or 1.23% of its portfolio. Regent Invest Mgmt Limited Liability Corporation has invested 0.51% in Oracle Corporation (NYSE:ORCL). Financial Engines Advisors Limited Company invested in 0% or 510 shares. Sigma Planning Corporation holds 0.09% or 25,652 shares. California-based Private Wealth Ptnrs Llc has invested 0.21% in Oracle Corporation (NYSE:ORCL). Delta Management Ltd Liability Corp reported 1.91% stake. Mackenzie Financial reported 16.11 million shares or 1.84% of all its holdings. Accredited Invsts stated it has 16,933 shares or 0.22% of all its holdings. Keybank National Association Oh reported 0.66% of its portfolio in Oracle Corporation (NYSE:ORCL). Bryn Mawr Trust holds 70,776 shares. 64,508 were reported by Torch Wealth Mgmt Lc. Ascend Capital Limited Liability reported 173,490 shares. Sageworth Trust reported 83 shares or 0% of all its holdings. 11,355 were reported by Grassi Inv Management.

Baker Avenue Asset Management Lp, which manages about $1.13B and $1.04 billion US Long portfolio, upped its stake in International Flavors&Fragranc Com (NYSE:IFF) by 5,075 shares to 10,671 shares, valued at $1.63 million in 2017Q4, according to the filing. It also increased its holding in Vanguard Short (VCSH) by 5,459 shares in the quarter, for a total of 21,634 shares, and has risen its stake in Ishares Russell 3000 Etf (IWV).

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.16, from 1.15 in 2017Q3. It turned negative, as 19 investors sold EQM 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. Raymond James Ser Incorporated owns 44,198 shares. 20,057 are held by Yorkville Capital Mgmt Ltd Llc. 966,662 were accumulated by Cushing Asset Ltd Partnership. Wells Fargo & Comm Mn stated it has 0% in EQT Midstream Partners, LP (NYSE:EQM). Westwood Holding Grp holds 0.57% or 1.04M shares. Alps holds 4.87 million shares. 22,893 are owned by Walnut Private Equity. Virtu Financial Ltd invested in 4,730 shares or 0.02% of the stock. Conning Incorporated owns 45,055 shares for 0.11% of their portfolio. Argyll Research Limited Liability Corp has invested 1.04% in EQT Midstream Partners, LP (NYSE:EQM). Samson Cap Management Llc holds 7.01% in EQT Midstream Partners, LP (NYSE:EQM) or 88,550 shares. Security National Tru holds 0.04% in EQT Midstream Partners, LP (NYSE:EQM) or 1,500 shares. Hsbc Public Limited Com holds 0.01% or 99,000 shares in its portfolio. Ameriprise Finance holds 0% or 76,275 shares in its portfolio. Linscomb And Williams owns 4,374 shares or 0.03% of their US portfolio.

More recent EQT Midstream Partners, LP (NYSE:EQM) news were published by: Streetinsider.com which released: “EQT Midstream Partners (EQM), EQT GP Holdings (EQGP), and Rice Midstream Partners (RMP) Announce Streamlining” on April 26, 2018. Also Globenewswire.com published the news titled: “Consolidated Research: 2018 Summary Expectations for Caseys General Stores, EQT Midstream Partners, LP, Intellia …” on April 25, 2018. Seekingalpha.com‘s news article titled: “EQT Midstream Partners’ (EQM) CEO Jeremiah Ashcroft on Q1 2018 Results – Earnings Call Transcript” with publication date: April 26, 2018 was also an interesting one.

Analysts await EQT Midstream Partners, LP (NYSE:EQM) to report earnings on July, 26. They expect $1.38 earnings per share, up 8.66% or $0.11 from last year’s $1.27 per share. EQM’s profit will be $111.22M for 9.93 P/E if the $1.38 EPS becomes a reality. After $1.61 actual earnings per share reported by EQT Midstream Partners, LP for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

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

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By1 Marie Mckinney

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