Summit Equities Upped Its Spdr S&P 500 Etf Tr Unit (EQM) Holding; Steinberg Asset Management Has Cut By $330,550 Its Visteon (VC) Holding

June 14, 2018 - By Marguerite Chambers

Visteon Corporation (NASDAQ:VC) Logo

Summit Equities Inc increased Spdr S&P 500 Etf Tr Unit (EQM) stake by 4.22% reported in 2018Q1 SEC filing. Summit Equities Inc acquired 538 shares as Spdr S&P 500 Etf Tr Unit (EQM)’s stock declined 8.77%. The Summit Equities Inc holds 13,301 shares with $785.18 million value, up from 12,763 last quarter. Spdr S&P 500 Etf Tr Unit now has $6.88 billion valuation. The stock decreased 2.09% or $1.22 during the last trading session, reaching $57.13. About 296,828 shares traded. EQT Midstream Partners, LP (NYSE:EQM) has declined 25.17% since June 14, 2017 and is downtrending. It has underperformed by 37.74% the S&P500. Some Historical EQM News: ; 26/04/2018 – EQT Midstream Partners Raises Quarterly Distribution to $1.065 Vs. $1.025; 15/03/2018 EQT Announces Interim Leadership Change; 22/05/2018 – EQT Corp.: EQT Midstream Completes Drop-Down Transaction With Rice Midstream; 16/03/2018 – EQT Midstream Partners Responds to FERC Announcement; 26/04/2018 – EQT Midstream Partners, EQT GP Holdings, and Rice Midstream Partners Announce Streamlining Transaction; 26/04/2018 – GULFPORT ENERGY – UPON COMPLETION OF DEAL, CO ANTICIPATES CAPITAL OBLIGATIONS ASSOCIATED WITH STRIKE FORCE MIDSTREAM DURING 2018 TO BE ELIMINATED; 26/04/2018 – EQT Midstream Partners, Rice Midstream Partners LP Enter Definitive Merger Agreement With EQM Will Acquire RMP in Unit-For-Unit Transaction; 26/04/2018 – EQT Midstream Partners, EQT GP Holdings, Rice Midstream Raise Distributions; 26/04/2018 – EQT Midstream to Buy Rice Pipeline Business for $2.1 Billion; 21/03/2018 – EQT MIDSTREAM: DGP HASTINGS EXTRACTION PLANT RETURNS TO SERVICE

Steinberg Asset Management Llc decreased Visteon Corp (VC) stake by 7.21% reported in 2018Q1 SEC filing. Steinberg Asset Management Llc sold 3,005 shares as Visteon Corp (VC)’s stock declined 0.23%. The Steinberg Asset Management Llc holds 38,665 shares with $4.26 million value, down from 41,670 last quarter. Visteon Corp now has $3.92 billion valuation. The stock increased 0.05% or $0.07 during the last trading session, reaching $132.51. About 180,607 shares traded. Visteon Corporation (NYSE:VC) has risen 28.51% since June 14, 2017 and is uptrending. It has outperformed by 15.94% the S&P500. Some Historical VC News: ; 12/04/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within Magic Software Enterprises, Tuniu, Visteon, Magna Internati; 19/04/2018 – DJ Visteon Corporation, Inst Holders, 1Q 2018 (VC); 26/04/2018 – Visteon Closes Above 200-Day Moving Average: Technicals; 15/05/2018 – Silvercrest Asset Management Group Buys 1.3% of Visteon; 14/05/2018 – Ajo, LP Exits Position in Visteon; 26/04/2018 – VISTEON CORP – ONGOING BACKLOG WAS $20.1 BLN AS OF MARCH 31, 2018, UP FROM $19.4 BLN AT END OF 2017; 26/04/2018 – Visteon First-Quarter Profit Rises on Higher Sales; 05/03/2018 – VISTEON’S CFR TO Ba2 FROM Ba3 BY MOODY’S, OUTLOOK STABLE; 19/03/2018 – Visteon to Conduct 2018 Annual Meeting of Shareholders on June 6 in Van Buren Township, Michigan; 26/04/2018 – Visteon 1Q EPS $2.11

Since January 2, 2018, it had 0 insider purchases, and 6 insider sales for $2.10 million activity. 1,539 shares were sold by Lawande Sachin, worth $190,251.

Steinberg Asset Management Llc increased Capital Sr Living Corp (NYSE:CSU) stake by 281,150 shares to 792,289 valued at $8.52 million in 2018Q1. It also upped Viasat Inc (NASDAQ:VSAT) stake by 48,270 shares and now owns 249,880 shares. Entercom Communications Corp (NYSE:ETM) was raised too.

Among 20 analysts covering Visteon (NYSE:VC), 11 have Buy rating, 1 Sell and 8 Hold. Therefore 55% are positive. Visteon had 64 analyst reports since August 28, 2015 according to SRatingsIntel. On Wednesday, January 11 the stock rating was upgraded by Raymond James to “Outperform”. The rating was maintained by Guggenheim on Monday, January 8 with “Buy”. The rating was initiated by Wells Fargo with “Market Perform” on Thursday, September 17. The firm earned “Outperform” rating on Friday, February 23 by BMO Capital Markets. The firm has “Hold” rating by RBC Capital Markets given on Sunday, October 1. The firm has “Buy” rating by Susquehanna given on Wednesday, March 14. The rating was maintained by Morgan Stanley on Thursday, January 25 with “Overweight”. Cowen & Co initiated Visteon Corporation (NASDAQ:VC) rating on Monday, April 16. Cowen & Co has “Buy” rating and $13600 target. The firm has “Hold” rating given on Friday, January 19 by RBC Capital Markets. As per Monday, February 27, the company rating was downgraded by Citigroup.

Analysts await Visteon Corporation (NASDAQ:VC) to report earnings on July, 26. They expect $1.49 earnings per share, up 7.97% or $0.11 from last year’s $1.38 per share. VC’s profit will be $44.02M for 22.23 P/E if the $1.49 EPS becomes a reality. After $2.08 actual earnings per share reported by Visteon Corporation for the previous quarter, Wall Street now forecasts -28.37% negative EPS growth.

Investors sentiment decreased to 0.7 in Q1 2018. Its down 0.34, from 1.04 in 2017Q4. It dropped, as 35 investors sold VC shares while 100 reduced holdings. 43 funds opened positions while 51 raised stakes. 29.00 million shares or 1.27% less from 29.37 million shares in 2017Q4 were reported. Captrust Financial Advsrs owns 214 shares. Northwestern Mutual Wealth reported 1 shares stake. Gamco Incorporated Et Al reported 0.11% stake. Royal National Bank & Trust Of Canada holds 0% or 8,629 shares in its portfolio. Bluemountain Cap Mngmt Ltd Llc has invested 0.08% in Visteon Corporation (NASDAQ:VC). First Eagle Invest Mngmt Limited Liability Company has 0.17% invested in Visteon Corporation (NASDAQ:VC). 10 are held by Baystate Wealth Mgmt Limited Liability Corporation. Fred Alger Mngmt invested 0% in Visteon Corporation (NASDAQ:VC). Jpmorgan Chase accumulated 3,662 shares or 0% of the stock. The Illinois-based Nuveen Asset Mngmt Limited Liability Corporation has invested 0.07% in Visteon Corporation (NASDAQ:VC). Bank & Trust Of Mellon Corporation holds 0.06% or 2.03 million shares in its portfolio. Massmutual Trust Fsb Adv has invested 0% in Visteon Corporation (NASDAQ:VC). Nomura Hldgs Incorporated accumulated 6,166 shares. San Francisco Sentry Inv Gru (Ca) owns 50 shares. State Of Alaska Department Of Revenue owns 2,880 shares for 0.01% of their portfolio.

Investors sentiment increased to 1.17 in Q1 2018. Its up 0.18, from 0.99 in 2017Q4. It increased, as 29 investors sold EQM shares while 47 reduced holdings. 21 funds opened positions while 68 raised stakes. 56.06 million shares or 0.62% more from 55.72 million shares in 2017Q4 were reported. Linscomb And Williams Incorporated stated it has 0.02% of its portfolio in EQT Midstream Partners, LP (NYSE:EQM). 45,111 are owned by Conning Inc. 50,242 are owned by Citigroup Incorporated. Ftb Advsr Incorporated has 0% invested in EQT Midstream Partners, LP (NYSE:EQM) for 826 shares. State Of New Jersey Common Pension Fund D accumulated 161,400 shares. Fort Washington Investment Advisors Oh accumulated 4,104 shares. Signaturefd Lc invested 0.02% in EQT Midstream Partners, LP (NYSE:EQM). Parametric Portfolio Associate Limited Liability accumulated 164,809 shares. Florida-based Raymond James Associates has invested 0% in EQT Midstream Partners, LP (NYSE:EQM). Koch invested in 0.05% or 8,648 shares. Virtu Financial Lc holds 8,832 shares or 0.03% of its portfolio. Creative Planning holds 0.01% or 21,149 shares in its portfolio. Salient Capital Advsrs Limited Liability Company reported 600,398 shares stake. Usca Ria Limited Company holds 31,550 shares. Laffer has 0% invested in EQT Midstream Partners, LP (NYSE:EQM) for 4,620 shares.

Summit Equities Inc decreased Vanguard Index Fds Total Stk Mkt (VTI) stake by 17,832 shares to 2.05M valued at $278.81B in 2018Q1. It also reduced Vanguard Index Fds Value Etf (VTV) stake by 11,914 shares and now owns 274,661 shares. Ishares Core Russell Val (IUSV) was reduced too.

Since May 29, 2018, it had 1 insider buy, and 0 selling transactions for $55,530 activity. $55,530 worth of EQT Midstream Partners, LP (NYSE:EQM) was bought by BRYSON MICHAEL A.

Another recent and important EQT Midstream Partners, LP (NYSE:EQM) news was published by Seekingalpha.com which published an article titled: “TransCanada working on Leach Xpress pipeline after West Virginia blast” on June 13, 2018.

Among 16 analysts covering EQT Midstream Partners (NYSE:EQM), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. EQT Midstream Partners had 44 analyst reports since August 13, 2015 according to SRatingsIntel. Stifel Nicolaus initiated the shares of EQM in report on Thursday, March 17 with “Hold” rating. RBC Capital Markets maintained it with “Buy” rating and $10700 target in Sunday, July 23 report. The company was maintained on Thursday, July 20 by Stifel Nicolaus. The stock has “Hold” rating by Citigroup on Monday, January 22. Howard Weil downgraded EQT Midstream Partners, LP (NYSE:EQM) on Tuesday, December 15 to “Sector Perform” rating. The firm has “Hold” rating given on Thursday, August 24 by Stifel Nicolaus. Stifel Nicolaus maintained EQT Midstream Partners, LP (NYSE:EQM) on Friday, October 14 with “Hold” rating. The company was downgraded on Monday, February 12 by RBC Capital Markets. As per Friday, April 27, the company rating was maintained by Morgan Stanley. Morgan Stanley initiated EQT Midstream Partners, LP (NYSE:EQM) rating on Thursday, February 25. Morgan Stanley has “Equal-Weight” rating and $82 target.

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

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