Traders purchased shares of EQT Corp. (NYSE:EQT) on weakness during trading on Tuesday. $36.84 million flowed into the stock on the tick-up and $14.53 million flowed out of the stock on the tick-down, for a money net flow of $22.31 million into the stock. Of all equities tracked, EQT Corp. had the 14th highest net in-flow for the day. EQT Corp. traded down ($0.24) for the day and closed at $75.23

Several analysts recently commented on the company. Deutsche Bank AG restated a “buy” rating on shares of EQT Corp. in a research report on Thursday, March 24th. Wells Fargo & Co. restated a “hold” rating on shares of EQT Corp. in a research report on Tuesday, May 3rd. Royal Bank Of Canada reiterated a “buy” rating and set a $85.00 price target on shares of EQT Corp. in a research report on Tuesday, May 3rd. Barclays PLC reiterated a “buy” rating on shares of EQT Corp. in a research report on Tuesday, April 12th. Finally, Zacks Investment Research upgraded EQT Corp. from a “hold” rating to a “buy” rating and set a $89.00 price target on the stock in a research report on Tuesday, July 5th. Nine research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. EQT Corp. presently has an average rating of “Buy” and an average price target of C$75.88.

The stock has a 50-day moving average price of $76.29 and a 200 day moving average price of $66.29. The company’s market cap is $12.08 billion.

EQT Corp. (NYSE:EQT) last released its quarterly earnings data on Thursday, April 28th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.09. The company had revenue of $545.10 million for the quarter, compared to analyst estimates of $556.81 million. The firm’s revenue for the quarter was down 25.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.08 earnings per share. On average, equities analysts anticipate that EQT Corp. will post ($0.70) earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Friday, August 12th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.16%. The ex-dividend date of this dividend is Wednesday, August 10th.

In other news, SVP Randall L. Crawford sold 4,981 shares of the business’s stock in a transaction that occurred on Thursday, June 30th. The stock was sold at an average price of C$77.21, for a total value of C$384,583.01. Following the transaction, the senior vice president now directly owns 90,723 shares of the company’s stock, valued at approximately C$7,004,722.83. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Several hedge funds and institutional investors have made changes to their positions in the company. State of Tennessee Treasury Department increased its position in shares of EQT Corp. by 15.5% in the fourth quarter. State of Tennessee Treasury Department now owns 469,241 shares of the company’s stock valued at $24,462,000 after buying an additional 62,893 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of EQT Corp. by 5.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 306,526 shares of the company’s stock valued at $15,976,000 after buying an additional 14,620 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of EQT Corp. by 236.9% in the fourth quarter. BNP Paribas Arbitrage SA now owns 47,605 shares of the company’s stock valued at $2,482,000 after buying an additional 33,473 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of EQT Corp. by 54.5% in the fourth quarter. Advisors Asset Management Inc. now owns 53,492 shares of the company’s stock valued at $2,789,000 after buying an additional 18,877 shares during the last quarter. Finally, Marshall Wace LLP increased its position in shares of EQT Corp. by 18.2% in the fourth quarter. Marshall Wace LLP now owns 136,159 shares of the company’s stock valued at $7,098,000 after buying an additional 20,992 shares during the last quarter.

EQT Corporation (EQT) is an energy company. The Company operates through two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with over 10 trillion cubic feet equivalent (Tcfe) of natural gas, natural gas liquid (NGL) and crude oil reserves across approximately 3.4 million acres, including approximately 630,000 gross acres in the Marcellus play.

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