Stephens Got QEP Resources (NYSE:QEP) Covered with $12 Target.

During 2018 Q2 the big money sentiment increased to 0.98. That’s change of 0.08, from 2018Q1’s 0.9. 24 investors sold all, 85 reduced holdings as QEP Resources, Inc. ratio is positive. 71 rose holdings while 36 funds acquired holdings. Funds hold 217.01 million shares thus 4.68% less from 2018Q1’s 227.66 million shares.

State Of Tennessee Treasury Department owns 100,000 shs for 0.01% of their capital. 21,300 are owned by Shikiar Asset Mngmt. Strs Ohio owns 0% invested in QEP Resources, Inc. (NYSE:QEP) for 25,775 shs. Washington Co reported 125 shs stake. Bnp Paribas Arbitrage Sa has 85,470 shs. Cipher Capital Lp reported 38,104 shs. Oppenheimer Com invested in 20,800 shs. 174,513 were reported by Bancshares Of Montreal Can. Wealthtrust invested 0.01% of its capital in QEP Resources, Inc. (NYSE:QEP). Price T Rowe Assoc Md holds 0% or 140,450 shs in its capital. Caymus Partners Ltd Partnership owns 1.71M shs or 3.35% of their US capital. Moreover, Gamco Invsts Incorporated Et Al has 0% invested in QEP Resources, Inc. (NYSE:QEP). Quantbot Tech L P accumulated 43,752 shs. Archford Capital Strategies Ltd holds 0% or 115 shs in its capital. Brandywine Inv Management Ltd Liability Com reported 0.06% in QEP Resources, Inc. (NYSE:QEP).

What Price Target Has Stephens Given QEP Resources (NYSE:QEP)

Investment firm Stephens has begun coverage of QEP’s shares on Thursday morning. Stephens’s Equity research analysts have gave Equal-Weight rating while setting the TP at $12.

QEP Resources, Inc. (NYSE:QEP) Ratings Coverage

Total analysts of 7 have positions in QEP Resources (NYSE:QEP) as follows: 3 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 43%. The firm has $15 highest while $11 is the lowest PT. The average target $13.21 is 73.36% above the last ($7.62) price. Since June 11, 2018 according to StockzIntelligence Inc QEP Resources has 9 analyst reports. On Wednesday, November 21 the firm has “Neutral” rating given by PiperJaffray. On Tuesday, November 20 the firm has “Neutral” rating by Credit Suisse given. On Thursday, July 26 the firm has “Underperform” rating given by Credit Suisse. On Wednesday, October 24 the rating was downgraded by Wells Fargo to “Market Perform”. On Monday, November 26 the company was downgraded by Wells Fargo. On Monday, June 11 the firm earned “Neutral” rating by FBR Capital. The stock rating was upgraded by Tudor Pickering to “Buy” on Wednesday, November 7.

Ticker’s shares touched $7.62 during the last trading session after 5.81% change.QEP Resources, Inc. is uptrending after having risen 34.55% since December 7, 2017. QEP has 5.85 million volume or 18.87% up from normal. The stock outperformed the S&P500 by 18.93%.

QEP Resources, Inc. (NYSE:QEP)’s earnings report is expected on February, 27., as reported by Faxor. Analysts expect change of 93.81 % or $1.06 from previous year’s $1.13 earnings per share compared to current’s $0.07 earnings per share. This could reach $16.57M profit for QEP assuming the current $0.07 earnings per share will become reality. Last quarter $0.17 earnings per share was reported. Analysts predicts -58.82 % negative EPS growth this quarter.

QEP Resources, Inc., through its subsidiaries, operates as a natural gas and crude oil exploration and production firm in the United States.The firm is worth $1.80 billion. The firm conducts exploration and production activities in the Permian Basin in western Texas, Williston Basin in North Dakota, Haynesville/Cotton Valley in northwestern Louisiana, Uinta Basin in eastern Utah, and other proven properties in Wyoming, Utah, and Colorado.Last it reported negative earnings. As of December 31, 2017, it had estimated proved reserves of 684.7 MMboe.

A couple more QEP Resources, Inc. (NYSE:QEP) news were posted by: Nasdaq.com which released on November 23, 2018 “Report: Exploring Fundamental Drivers Behind Graphic Packaging Holding, QEP Resources, Inogen, CytRx, Voyager Therapeutics, and Daily Journal Corp. (SC) — New Horizons, Emerging Trends, and Upcoming Developments – Nasdaq”, also Globenewswire.com on November 19, 2018 posted “QEP Resources Announces Agreement to Sell Northwest Louisiana Natural Gas Assets for $735.0 Million – GlobeNewswire”, the next Seekingalpha.com is “Stanley to retire from QEP Resources; Cutt to become new President/CEO – Seeking Alpha” on December 06, 2018. Globenewswire.com has article titled “QEP Resources Reports Third Quarter 2018 Financial and Operating Results and Provides Update on Its Strategic Initiatives – GlobeNewswire”.

QEP Resources, Inc. (NYSE:QEP) Institutional Investors Chart

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