As Eqt (EQT) Share Price Declined, Shareholder Massachusetts Financial Services Company Cut Its Position by $12.27 Million; As Netflix (Put) (NFLX) Shares Rose, Shareholder Mai Wealth Advisors Cut Stake by $1.55 Million

February 17, 2018 - By Matt Maslow

Massachusetts Financial Services Company decreased its stake in Eqt Corp (EQT) by 8.8% based on its latest 2017Q3 regulatory filing with the SEC. Massachusetts Financial Services Company sold 188,728 shares as the company’s stock declined 9.10% while stock markets rallied. The institutional investor held 1.96M shares of the oil & gas production company at the end of 2017Q3, valued at $127.55 million, down from 2.14M at the end of the previous reported quarter. Massachusetts Financial Services Company who had been investing in Eqt Corp for a number of months, seems to be less bullish one the $13.94B market cap company. The stock decreased 1.48% or $0.79 during the last trading session, reaching $52.55. About 6.20 million shares traded or 66.82% up from the average. EQT Corporation (NYSE:EQT) has declined 18.61% since February 17, 2017 and is downtrending. It has underperformed by 35.31% the S&P500.

Mai Wealth Advisors decreased its stake in Netflix Inc. (Put) (NFLX) by 85.12% based on its latest 2017Q3 regulatory filing with the SEC. Mai Wealth Advisors sold 8,584 shares as the company’s stock rose 10.41% with the market. The hedge fund held 1,500 shares of the consumer services company at the end of 2017Q3, valued at $272,000, down from 10,084 at the end of the previous reported quarter. Mai Wealth Advisors who had been investing in Netflix Inc. (Put) for a number of months, seems to be less bullish one the $120.86 billion market cap company. The stock decreased 0.62% or $1.75 during the last trading session, reaching $278.52. About 8.31M shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since February 17, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.




Among 21 analysts covering EQT Corporation (NYSE:EQT), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. EQT Corporation had 80 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained EQT Corporation (NYSE:EQT) rating on Thursday, November 9. RBC Capital Markets has “Hold” rating and $79.0 target. The firm has “Overweight” rating given on Wednesday, December 9 by JP Morgan. As per Thursday, October 13, the company rating was downgraded by Tudor Pickering. Stifel Nicolaus upgraded the shares of EQT in report on Friday, August 26 to “Buy” rating. The stock of EQT Corporation (NYSE:EQT) has “Buy” rating given on Wednesday, September 13 by Stifel Nicolaus. The stock of EQT Corporation (NYSE:EQT) earned “Overweight” rating by Morgan Stanley on Monday, October 26. The company was maintained on Thursday, July 20 by RBC Capital Markets. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, March 2. As per Wednesday, July 5, the company rating was downgraded by RBC Capital Markets. RBC Capital Markets maintained it with “Hold” rating and $7900 target in Friday, July 28 report.

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.20, from 0.88 in 2017Q2. It is positive, 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. Amica Pension Fund Board Of Trustees has invested 0.05% of its portfolio in EQT Corporation (NYSE:EQT). Truenorth Incorporated invested in 0.15% or 5,049 shares. Smith Salley And Assoc owns 66,720 shares. Proshare Advisors Ltd Liability holds 29,583 shares or 0.02% of its portfolio. Kentucky Retirement System accumulated 0.05% or 10,642 shares. Suntrust Banks Inc owns 14,202 shares. Jane Street Gru Limited Liability accumulated 12,851 shares or 0% of the stock. Moreover, Tiaa Cref Mngmt Limited Liability Corp has 0.02% invested in EQT Corporation (NYSE:EQT) for 498,363 shares. Aristotle Cap Mngmt Limited Liability Company owns 3.54M shares or 1.8% of their US portfolio. Jpmorgan Chase Co reported 17.49M shares. Utah Retirement Sys holds 31,708 shares. Nomura Asset Mngmt Communication Ltd invested in 0.02% or 23,761 shares. Amica Retiree Medical Tru reported 917 shares. 10.01 million are held by State Street. Vident Invest Advisory Limited Liability Corp has invested 0.02% of its portfolio in EQT Corporation (NYSE:EQT).

Massachusetts Financial Services Company, which manages about $230.32B US Long portfolio, upped its stake in Clean Harbors Inc (NYSE:CLH) by 38,929 shares to 2.14M shares, valued at $121.17 million in 2017Q3, according to the filing. It also increased its holding in Affiliated Managers Group (NYSE:AMG) by 38,196 shares in the quarter, for a total of 230,765 shares, and has risen its stake in Northern Tr Corp (NASDAQ:NTRS).

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

Among 56 analysts covering Netflix (NASDAQ:NFLX), 40 have Buy rating, 2 Sell and 14 Hold. Therefore 71% are positive. Netflix had 226 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was initiated by Drexel Hamilton with “Buy” on Thursday, January 14. The firm earned “Buy” rating on Wednesday, October 4 by Piper Jaffray. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Buy” rating by Needham on Thursday, October 15. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Buy” rating by KeyBanc Capital Markets on Wednesday, August 23. RBC Capital Markets maintained the shares of NFLX in report on Tuesday, July 19 with “Outperform” rating. On Tuesday, January 23 the stock rating was maintained by Wells Fargo with “Buy”. The firm has “Buy” rating given on Wednesday, July 12 by UBS. Bank of America maintained the shares of NFLX in report on Tuesday, September 1 with “Buy” rating. The firm has “Outperform” rating by Oppenheimer given on Tuesday, July 19. The firm has “Buy” rating given on Thursday, September 3 by Rosenblatt.

Investors sentiment decreased to 1.12 in Q3 2017. Its down 0.10, from 1.22 in 2017Q2. It turned negative, as 56 investors sold NFLX shares while 255 reduced holdings. 115 funds opened positions while 233 raised stakes. 356.10 million shares or 3.23% more from 344.96 million shares in 2017Q2 were reported. M&R Capital Mngmt invested 0.14% in Netflix, Inc. (NASDAQ:NFLX). Highlander Capital Management Limited Liability has 100 shares. Conning Incorporated has invested 0.07% in Netflix, Inc. (NASDAQ:NFLX). Gru Incorporated One Trading Ltd Partnership invested in 4,924 shares or 0.01% of the stock. Winfield Associate Inc, Ohio-based fund reported 155 shares. Toronto Dominion Financial Bank invested 0.1% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). St Johns Inv Management Com Ltd Liability Corp invested 0.05% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Westpac has 66,246 shares. Tower Research Lc (Trc) has 4,871 shares. Truepoint holds 0.04% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 402,416 shares. Massachusetts-based Adage Partners Grp Inc Lc has invested 0.24% in Netflix, Inc. (NASDAQ:NFLX). Ameritas Prtnrs holds 0.14% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 17,461 shares. Liberty Mutual Grp Incorporated Asset holds 0.2% or 20,162 shares. Parallax Volatility Advisers LP has 13,647 shares for 0% of their portfolio. Renaissance Tech Ltd Llc has invested 0.45% in Netflix, Inc. (NASDAQ:NFLX).

Mai Wealth Advisors, which manages about $3.54 billion and $1.65 billion US Long portfolio, upped its stake in Anheuser (NYSE:BUD) by 2,649 shares to 67,298 shares, valued at $8.03M in 2017Q3, according to the filing. It also increased its holding in Ishares S&P 500 Index (IVV) by 12,428 shares in the quarter, for a total of 216,567 shares, and has risen its stake in Ishares S&P Mid Cap Index (IJH).

Since August 21, 2017, it had 0 insider purchases, and 35 selling transactions for $121.83 million activity. 700 shares were sold by BARTON RICHARD N, worth $132,164 on Thursday, December 14. The insider HYMAN DAVID A sold 63,378 shares worth $12.61M. KILGORE LESLIE J also sold $175,336 worth of Netflix, Inc. (NASDAQ:NFLX) shares. Shares for $2.13 million were sold by Peters Gregory K. HOAG JAY C sold $3.01M worth of Netflix, Inc. (NASDAQ:NFLX) on Wednesday, January 31. WELLS DAVID B sold $191,200 worth of stock or 1,000 shares.

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