Fiera Capital Corp Has $31.70 Million Stock Holdings in EQT Co. (NYSE:EQT)

Fiera Capital Corp lowered its holdings in EQT Co. (NYSE:EQT - Free Report) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 687,550 shares of the oil and gas producer's stock after selling 12,805 shares during the quarter. Fiera Capital Corp owned 0.12% of EQT worth $31,703,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. CWM LLC lifted its position in shares of EQT by 16.9% during the third quarter. CWM LLC now owns 13,218 shares of the oil and gas producer's stock worth $484,000 after purchasing an additional 1,910 shares in the last quarter. Exchange Traded Concepts LLC raised its position in shares of EQT by 780.6% during the third quarter. Exchange Traded Concepts LLC now owns 6,085 shares of the oil and gas producer's stock worth $223,000 after purchasing an additional 5,394 shares during the period. Wesbanco Bank Inc. raised its position in shares of EQT by 32.6% during the third quarter. Wesbanco Bank Inc. now owns 8,616 shares of the oil and gas producer's stock worth $316,000 after purchasing an additional 2,119 shares during the period. Creative Planning raised its position in shares of EQT by 92.6% during the third quarter. Creative Planning now owns 99,480 shares of the oil and gas producer's stock worth $3,645,000 after purchasing an additional 47,825 shares during the period. Finally, NBC Securities Inc. acquired a new stake in shares of EQT during the third quarter worth about $501,000. Institutional investors own 90.81% of the company's stock.

Insider Buying and Selling

In other EQT news, Director Thomas F. Karam sold 30,154 shares of the company's stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $44.83, for a total value of $1,351,803.82. Following the sale, the director now owns 201,608 shares in the company, valued at approximately $9,038,086.64. The trade was a 13.01 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.63% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Scotiabank downgraded EQT from a "sector outperform" rating to a "sector perform" rating and decreased their price objective for the stock from $55.00 to $54.00 in a report on Friday, January 17th. Wells Fargo & Company raised their price target on EQT from $52.00 to $53.00 and gave the company an "overweight" rating in a research note on Wednesday, January 8th. Citigroup raised their price objective on EQT from $44.00 to $51.00 and gave the company a "buy" rating in a research report on Friday, December 6th. UBS Group lifted their price target on EQT from $49.00 to $54.00 and gave the stock a "neutral" rating in a report on Thursday. Finally, Piper Sandler lifted their price target on EQT from $34.00 to $35.00 and gave the stock a "neutral" rating in a report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $51.89.

EQT Price Performance

Shares of EQT traded up $0.62 during midday trading on Monday, hitting $53.49. The company's stock had a trading volume of 5,552,108 shares, compared to its average volume of 7,823,351. EQT Co. has a one year low of $30.02 and a one year high of $54.85. The company's fifty day simple moving average is $48.85 and its two-hundred day simple moving average is $41.12. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $31.91 billion, a price-to-earnings ratio of 63.67, a price-to-earnings-growth ratio of 0.62 and a beta of 1.08.

EQT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a dividend of $0.1575 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.63 dividend on an annualized basis and a yield of 1.18%. EQT's dividend payout ratio is currently 75.00%.

About EQT

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.