Kayne Anderson Capital Advisors LP lifted its holdings in shares of EQT Midstream Partners, LP (NYSE:EQM) by 0.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,507,292 shares of the pipeline company’s stock after buying an additional 12,142 shares during the period. EQT Midstream Partners, comprises 2.4% of Kayne Anderson Capital Advisors LP’s holdings, making the stock its 12th largest position. Kayne Anderson Capital Advisors LP owned approximately 3.11% of EQT Midstream Partners, worth $187,955,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of EQM. ING Groep NV boosted its stake in shares of EQT Midstream Partners, by 248.4% during the 2nd quarter. ING Groep NV now owns 695,000 shares of the pipeline company’s stock worth $51,868,000 after buying an additional 495,500 shares during the last quarter. Alps Advisors Inc. lifted its stake in EQT Midstream Partners, by 11.2% in the 3rd quarter. Alps Advisors Inc. now owns 4,761,137 shares of the pipeline company’s stock valued at $356,942,000 after purchasing an additional 480,995 shares during the last quarter. Marshall Wace North America L.P. lifted its stake in EQT Midstream Partners, by 282.2% in the 2nd quarter. Marshall Wace North America L.P. now owns 488,401 shares of the pipeline company’s stock valued at $36,630,000 after purchasing an additional 360,601 shares during the last quarter. Hamlin Capital Management LLC lifted its stake in EQT Midstream Partners, by 26.6% in the 2nd quarter. Hamlin Capital Management LLC now owns 1,116,129 shares of the pipeline company’s stock valued at $83,297,000 after purchasing an additional 234,542 shares during the last quarter. Finally, Citigroup Inc. lifted its stake in EQT Midstream Partners, by 60.0% in the 2nd quarter. Citigroup Inc. now owns 449,721 shares of the pipeline company’s stock valued at $33,563,000 after purchasing an additional 168,675 shares during the last quarter. Institutional investors own 62.92% of the company’s stock.

EQM has been the subject of several recent analyst reports. Mitsubishi UFJ Financial Group reiterated an “overweight” rating on shares of EQT Midstream Partners, in a research note on Thursday, October 26th. Morgan Stanley cut their target price on shares of EQT Midstream Partners, from $86.00 to $83.00 and set an “overweight” rating for the company in a research note on Friday, November 17th. Royal Bank Of Canada reiterated a “buy” rating and issued a $96.00 target price on shares of EQT Midstream Partners, in a research note on Tuesday, October 10th. BidaskClub upgraded shares of EQT Midstream Partners, from a “strong sell” rating to a “sell” rating in a research note on Friday, August 25th. Finally, Seaport Global Securities initiated coverage on shares of EQT Midstream Partners, in a research note on Tuesday, October 10th. They issued a “buy” rating and a $96.00 target price for the company. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. EQT Midstream Partners, has an average rating of “Hold” and a consensus target price of $90.83.

EQT Midstream Partners, LP (NYSE EQM) traded down $0.91 during trading on Wednesday, reaching $67.35. 267,700 shares of the company’s stock traded hands, compared to its average volume of 254,994. The company has a market cap of $5,500.51, a PE ratio of 13.08, a P/E/G ratio of 1.01 and a beta of 0.93. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.90 and a current ratio of 0.90. EQT Midstream Partners, LP has a 52-week low of $66.87 and a 52-week high of $82.99.

EQT Midstream Partners, (NYSE:EQM) last released its quarterly earnings results on Thursday, October 26th. The pipeline company reported $1.28 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $0.02. EQT Midstream Partners, had a net margin of 65.99% and a return on equity of 25.85%. The firm had revenue of $207.20 million for the quarter, compared to analysts’ expectations of $205.29 million. During the same period in the prior year, the firm earned $1.23 EPS. The business’s revenue was up 17.2% on a year-over-year basis. equities analysts forecast that EQT Midstream Partners, LP will post 5.63 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Friday, November 3rd were issued a dividend of $0.98 per share. The ex-dividend date of this dividend was Thursday, November 2nd. This is a boost from EQT Midstream Partners,’s previous quarterly dividend of $0.94. This represents a $3.92 annualized dividend and a dividend yield of 5.82%. EQT Midstream Partners,’s dividend payout ratio (DPR) is currently 75.10%.

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About EQT Midstream Partners,

EQT Midstream Partners, LP (EQM) owns, operates, acquires and develops midstream assets in the Appalachian Basin. The Company’s segments include Gathering and Transmission. The Gathering segment primarily includes high pressure gathering lines and the Federal Energy Regulatory Commission (FERC)-regulated low pressure gathering system.

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Institutional Ownership by Quarter for EQT Midstream Partners, (NYSE:EQM)

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