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QEP Resources Inc.'s (NYSE: QEP) shares received an average rating of "Hold" from the nineteen analysts who currently cover the Three Analysts rated the stock with a recommendation to sell, seven gave a retainer recommendation and eight gave a buy recommendation to the company.The average one-year price target among brokers who updated their stock coverage on The stock Many research reports have been the subject of a number of research reports under the QEP program: Johnson Rice released a report on QEP resources in a report on Wednesday, March 21st. Williams Capital confirmed a "buy" note and issued a price target of $ 16.00 on QEP Resources shares in a report on Thursday, April 26, 2005. Stifel Nicolaus set a target price of $ 19.00 on QEP Resources and gave the company buy "note in a report on Tuesday, April 24. SunTrust Banks set a price target of $ 12.00 on QEP Resources and awarded the company a "hold" rating in a report on Monday, April 16th. Finally, ValuEngine upgraded QEP Resources from a "sell" rating to a "hold" rating in a report released on Wednesday, May 16th.
Large investors have recently added or reduced their holdings in the stock. BlackRock Inc. increased its position in QEP Resources shares by 2.1% in the first quarter. BlackRock Inc. now holds 21,217,058 shares of the pipeline company worth $ 207,715,000 after acquiring an additional 438,896 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in QEP Resources by 25.6% in the first quarter. Dimensional Fund Advisors LP now holds 13,566,601 shares of the pipeline company valued at $ 132,817,000 after acquiring 2,761,073 additional shares during the last quarter. Vaughan Nelson Investment Management LP increased its position in QEP Resources shares by 15.0% in the first quarter. Vaughan Nelson Investment Management LP now owns 4,447,315 shares of the pipeline company valued at $ 43,540,000 after acquiring an additional 579,675 shares during the last quarter. Talara Capital Management LLC increased its position in QEP Resources shares by 42.3% in the first quarter. Talara Capital Management LLC now holds 4,043,522 pipeline company shares worth $ 39,586,000 after acquiring 1,202,507 additional shares during the last quarter. Finally, Frontier Capital Management Co. LLC increased its position in QEP Resources shares by 5.3% in the first quarter. Frontier Capital Management Co. LLC now holds 3,015,553 shares of the pipeline company valued at $ 29,522,000 after acquiring 152,617 additional shares in the last quarter. 93.97% of the shares are currently held by institutional investors and hedge funds.
QEP dropped $ 0.02 during trading hours Tuesday, reaching $ 12.75. The company's shares have a trading volume of 2,932,777 shares, compared to its average volume of 3,790,001. QEP Resources has a low of 52 weeks with $ 7.02 and a high of $ 52.77 on 52 weeks. The company has a current ratio of 0.24, a ratio of 0.24 and a debt ratio of 0.66. The stock has a market capitalization of $ 3.03 billion, a risk-capital ratio of 17.96 and a beta of 1.52.
QEP Resources (NYSE: QEP) has published its quarterly results for the last time on Wednesday, April 25th. The pipeline company reported earnings per share of $ 0.20 for the quarter, thus missing ($ 0.01) the consensus estimated by analysts of ($ 0.19). QEP Resources posted a net margin of 8.51% and a return on equity of 4.66%. The company achieved a turnover of $ 428.90 million during the quarter, compared to the consensus estimate of $ 369.94 million. During the same quarter last year, the company posted earnings per share of $ 0.14. The business turnover of the company increased by 2.1% from one year to the next. Stock market analysts expect QEP Resources to post earnings per share of -0.46 for the current year.
QEP Resources Company Profile
QEP Resources, Inc. operates, through its subsidiaries, a natural gas and crude oil exploration and production company in the United States. United States. The company 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 Colorado. Further Reading: Understanding the Relative Strength Index
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