Anchor Bolt Capital LP Has Raised Stake in Eqt (EQT); Jacobs Asset Management Has Cut Holding in Heritage Finl Wash (HFWA) by $1.94 Million as Stock Price Declined

February 23, 2018 - By Marie Mckinney

Robert Polak increased its stake in Eqt Corp (EQT) by 262.83% based on its latest 2017Q3 regulatory filing with the SEC. Anchor Bolt Capital Lp bought 520,512 shares as the company’s stock declined 9.10% while stock markets rallied. The hedge fund run by Robert Polak held 718,550 shares of the oil & gas production company at the end of 2017Q3, valued at $46.88M, up from 198,038 at the end of the previous reported quarter. Anchor Bolt Capital Lp who had been investing in Eqt Corp for a number of months, seems to be bullish on the $13.64 billion market cap company. The stock increased 1.46% or $0.74 during the last trading session, reaching $51.56. About 1.93 million shares traded. EQT Corporation (NYSE:EQT) has declined 18.61% since February 23, 2017 and is downtrending. It has underperformed by 35.31% the S&P500.

Jacobs Asset Management Llc decreased its stake in Heritage Finl Corp Wash (HFWA) by 23.33% based on its latest 2017Q3 regulatory filing with the SEC. Jacobs Asset Management Llc sold 66,944 shares as the company’s stock declined 5.54% while stock markets rallied. The institutional investor held 220,000 shares of the banks company at the end of 2017Q3, valued at $6.49M, down from 286,944 at the end of the previous reported quarter. Jacobs Asset Management Llc who had been investing in Heritage Finl Corp Wash for a number of months, seems to be less bullish one the $1.05B market cap company. It closed at $31.1 lastly. It is down 35.92% since February 23, 2017 and is uptrending. It has outperformed by 19.22% the S&P500.




Since January 1, 2018, it had 2 insider buys, and 0 insider sales for $40,356 activity. 151 shares were bought by Szydlowski Norman J, worth $8,595 on Monday, January 1.

Among 21 analysts covering EQT Corporation (NYSE:EQT), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. EQT Corporation had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, March 2 by Morgan Stanley. The stock of EQT Corporation (NYSE:EQT) has “Sector Perform” rating given on Wednesday, July 5 by RBC Capital Markets. The rating was maintained by Jefferies on Wednesday, December 20 with “Hold”. Cowen & Co maintained EQT Corporation (NYSE:EQT) rating on Tuesday, July 18. Cowen & Co has “Buy” rating and $8000 target. The stock of EQT Corporation (NYSE:EQT) has “Hold” rating given on Friday, December 8 by Suntrust Robinson. As per Wednesday, September 28, the company rating was reinitiated by GMP Securities. The company was downgraded on Wednesday, January 13 by Seaport Global. The stock has “Buy” rating by Stifel Nicolaus on Friday, August 26. The stock of EQT Corporation (NYSE:EQT) has “Overweight” rating given on Wednesday, December 9 by JP Morgan. Citigroup upgraded the stock to “Buy” rating in Friday, October 28 report.

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.20, from 0.88 in 2017Q2. It increased, as 37 investors sold EQT shares while 145 reduced holdings. 68 funds opened positions while 129 raised stakes. 184.83 million shares or 6.77% more from 173.11 million shares in 2017Q2 were reported. Boston Private Wealth reported 0.36% in EQT Corporation (NYSE:EQT). Da Davidson And holds 0.01% of its portfolio in EQT Corporation (NYSE:EQT) for 4,474 shares. Goldman Sachs stated it has 0.06% in EQT Corporation (NYSE:EQT). Tarbox Family Office Inc stated it has 0% in EQT Corporation (NYSE:EQT). Monroe Bancorp And Trust Mi stated it has 39 shares. Coastline reported 13,190 shares. Raymond James holds 0.03% or 193,830 shares in its portfolio. Zeke Advsr Ltd has invested 0.03% in EQT Corporation (NYSE:EQT). 50 are owned by Howe & Rusling Incorporated. Massachusetts Svcs Ma holds 0.06% of its portfolio in EQT Corporation (NYSE:EQT) for 1.96M shares. Cleararc Cap holds 0.04% or 4,448 shares in its portfolio. Exxonmobil Investment Management Incorporated Tx holds 0.05% of its portfolio in EQT Corporation (NYSE:EQT) for 31,650 shares. Cap Innovations Ltd Llc holds 0.65% of its portfolio in EQT Corporation (NYSE:EQT) for 4,099 shares. South Dakota Council reported 0.01% of its portfolio in EQT Corporation (NYSE:EQT). Stevens Mgmt LP stated it has 53,363 shares or 0.13% of all its holdings.

Anchor Bolt Capital Lp, which manages about $849.21M and $2.45B US Long portfolio, decreased its stake in Southwest Airls Co (NYSE:LUV) by 1.10 million shares to 418,203 shares, valued at $23.41M in 2017Q3, according to the filing. It also reduced its holding in General Mtrs Co (NYSE:GM) by 469,216 shares in the quarter, leaving it with 1.88 million shares, and cut its stake in American Airls Group Inc (NASDAQ:AAL).

Among 5 analysts covering Heritage Financial (NASDAQ:HFWA), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Heritage Financial had 11 analyst reports since September 28, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Monday, August 14 with “Hold”. Keefe Bruyette & Woods downgraded the shares of HFWA in report on Friday, October 23 to “Market Perform” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, December 21. The company was maintained on Tuesday, November 7 by DA Davidson. Piper Jaffray maintained the stock with “Hold” rating in Thursday, October 5 report. The company was maintained on Monday, July 10 by Piper Jaffray. The rating was maintained by Keefe Bruyette & Woods on Thursday, June 1 with “Hold”. The firm earned “Buy” rating on Friday, January 26 by Sandler O’Neill. The company was downgraded on Monday, October 5 by Raymond James. The stock has “Neutral” rating by Piper Jaffray on Monday, September 28.

Since October 30, 2017, it had 0 insider buys, and 1 insider sale for $338,360 activity.

Jacobs Asset Management Llc, which manages about $1.11 billion and $524.24 million US Long portfolio, upped its stake in Berkshire Hills Bancorp Inc (NYSE:BHLB) by 10,000 shares to 836,034 shares, valued at $32.40 million in 2017Q3, according to the filing. It also increased its holding in Midsouth Bancorp Inc (NYSE:MSL) by 175,298 shares in the quarter, for a total of 927,469 shares, and has risen its stake in Popular Inc (NASDAQ:BPOP).

Investors sentiment increased to 1.32 in 2017 Q3. Its up 0.23, from 1.09 in 2017Q2. It improved, as 10 investors sold HFWA shares while 40 reduced holdings. 16 funds opened positions while 50 raised stakes. 22.94 million shares or 3.14% more from 22.24 million shares in 2017Q2 were reported. Penn Capital accumulated 246,137 shares. Stieven Cap Advsrs Ltd Partnership has 426,456 shares. 1.73 million were accumulated by Dimensional Fund Advsrs L P. Matarin Management Ltd Co reported 32,792 shares. Northpointe Capital Lc holds 0.9% or 285,041 shares. Moreover, Gsa Prtnrs Llp has 0.08% invested in Heritage Financial Corporation (NASDAQ:HFWA). California Employees Retirement Sys holds 93,591 shares. Sei Invests accumulated 0% or 28,713 shares. Heartland Advsrs stated it has 400,000 shares. Ubs Asset Mngmt Americas Inc has invested 0% of its portfolio in Heritage Financial Corporation (NASDAQ:HFWA). Martingale Asset Management Ltd Partnership holds 0.07% or 166,828 shares in its portfolio. Envestnet Asset holds 0% or 2,427 shares in its portfolio. Badgley Phelps & Bell holds 14,247 shares. Indexiq Lc invested 0.04% in Heritage Financial Corporation (NASDAQ:HFWA). Manufacturers Life Ins The invested 0.02% in Heritage Financial Corporation (NASDAQ:HFWA).

Analysts await Heritage Financial Corporation (NASDAQ:HFWA) to report earnings on April, 25. They expect $0.41 earnings per share, up 32.26% or $0.10 from last year’s $0.31 per share. HFWA’s profit will be $13.90M for 18.96 P/E if the $0.41 EPS becomes a reality. After $0.42 actual earnings per share reported by Heritage Financial Corporation for the previous quarter, Wall Street now forecasts -2.38% negative EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts