Cisco Systems (CSCO) Holder Keystone Financial Planning Has Trimmed Holding by $690,564; Eqt (EQT) Valuation Declined While Talara Capital Management Lowered Its Stake

August 12, 2018 - By Jason Dias

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Talara Capital Management Llc decreased its stake in Eqt Corp (EQT) by 23.13% based on its latest 2018Q1 regulatory filing with the SEC. Talara Capital Management Llc sold 46,904 shares as the company’s stock declined 4.32% with the market. The hedge fund held 155,909 shares of the oil & gas production company at the end of 2018Q1, valued at $7.41 million, down from 202,813 at the end of the previous reported quarter. Talara Capital Management Llc who had been investing in Eqt Corp for a number of months, seems to be less bullish one the $13.17B market cap company. The stock decreased 0.28% or $0.14 during the last trading session, reaching $49.81. About 5.26M shares traded or 85.94% up from the average. EQT Corporation (NYSE:EQT) has declined 10.80% since August 12, 2017 and is downtrending. It has underperformed by 23.37% the S&P500. Some Historical EQT News: 26/04/2018 – EQT CORP – QTRLY ADJUSTED EPS $1.01; 23/04/2018 – DJ EQT Corporation, Inst Holders, 1Q 2018 (EQT); 26/04/2018 – RICE MIDSTREAM PARTNERS LP – EQT WILL RECEIVE $1.15 BLN IN CASH AND 5.9 MLN EQM COMMON UNITS AND GULFPORT ENERGY WILL RECEIVE $175 MLN IN CASH; 15/03/2018 – EQT CORP – SCHLOTTERBECK HAS ALSO RESIGNED FROM CO’S BOARD; 30/04/2018 – EQT AB: EQT to sell global industrial automation company Piab; 26/04/2018 – US natural gas producer EQT to sell midstream assets; 15/03/2018 – EQT Corp Names David Porges Interim President, CEO; 26/04/2018 – RICE MIDSTREAM – EQM ENTERED DEFINITIVE AGREEMENT WITH EQT TO ACQUIRE ITS OLYMPUS GATHERING SYSTEM, ITS 75% INTEREST IN STRIKE FORCE GATHERING SYSTEM; 17/04/2018 – EQT Corp Presenting at Conference May 17; 23/05/2018 – EQT VIII BUYS FACILE.IT

Keystone Financial Planning Inc decreased its stake in Cisco Systems (CSCO) by 8.25% based on its latest 2018Q1 regulatory filing with the SEC. Keystone Financial Planning Inc sold 16,442 shares as the company’s stock declined 4.63% with the market. The institutional investor held 182,753 shares of the technology company at the end of 2018Q1, valued at $7.84 million, down from 199,195 at the end of the previous reported quarter. Keystone Financial Planning Inc who had been investing in Cisco Systems for a number of months, seems to be less bullish one the $205.89B market cap company. It closed at $43.78 lastly. It is down 37.60% since August 12, 2017 and is uptrending. It has outperformed by 25.03% the S&P500. Some Historical CSCO News: 11/05/2018 – Arista Takes Aim at Cisco — Barrons.com; 01/05/2018 – Cisco Announces Intent To Acquire Accompany; 09/05/2018 – Yacktman Adds Amerco, Cuts Cisco, Buys More Reading: 13F; 10/04/2018 – Cisco Tetration Workload Protection Extended with New Options: SaaS and Virtual Appliance; 30/05/2018 – Inteleca Announces Launch of New eCommerce Platform Featuring Major Technology Brands Including Cisco, Juniper Networks, Extrem; 16/05/2018 – Cisco Systems 3Q Adj EPS 66c; 17/05/2018 – Cisco Slides After Forecasts Fall Short of Most Optimistic Views; 16/05/2018 – CISCO QTRLY INFRASTRUCTURE PLATFORMS REVENUE OF $7,163 MLN, UP 2 PCT; 16/04/2018 – Cisco Doubles Down on Security Innovation and Investment to Protect the Endpoint and Email; 12/04/2018 – CISCO – APPOINTMENT OF GARRETT BRINGS CISCO’S BOARD TO 12 MEMBERS

Keystone Financial Planning Inc, which manages about $143.92 million and $179.42 million US Long portfolio, upped its stake in Coca (NYSE:KO) by 10,455 shares to 147,458 shares, valued at $6.40M in 2018Q1, according to the filing. It also increased its holding in Exxon Mobil (NYSE:XOM) by 4,330 shares in the quarter, for a total of 80,613 shares, and has risen its stake in United Parcel Svc (NYSE:UPS).

Investors sentiment decreased to 0.73 in 2018 Q1. Its down 0.30, from 1.03 in 2017Q4. It dropped, as 66 investors sold CSCO shares while 798 reduced holdings. 170 funds opened positions while 464 raised stakes. 3.40 billion shares or 4.18% less from 3.54 billion shares in 2017Q4 were reported. Clinton Gp Inc invested in 0.59% or 127,990 shares. Gsa Cap Ptnrs Ltd Liability Partnership accumulated 0.15% or 64,330 shares. Wespac Advsrs Limited Liability Com reported 0.19% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Goelzer Inv Management accumulated 159,129 shares or 0.82% of the stock. Grantham Mayo Van Otterloo And Ltd Liability reported 7.25M shares stake. Ontario – Canada-based Cibc Ww has invested 0.12% in Cisco Systems, Inc. (NASDAQ:CSCO). Winfield Associates Inc stated it has 4,671 shares. Mirador Partners Limited Partnership has 1.26% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Zweig invested in 0.02% or 5,700 shares. Indiana Trust & Investment Mngmt Com holds 0.4% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 20,071 shares. Shufro Rose & Company Limited Liability Corporation accumulated 925,238 shares. Moreover, Mcf Limited Liability Com has 0.05% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Old Dominion Cap Management accumulated 1.21% or 30,143 shares. 8,950 are owned by Camelot Portfolios Ltd Liability Com. South State Corporation invested 2.06% in Cisco Systems, Inc. (NASDAQ:CSCO).

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Seekingalpha.com which released: “Cisco Acquisition Of Duo Security Makes Sense” on August 03, 2018, also Nasdaq.com with their article: “XLK, V, INTC, CSCO: Large Inflows Detected at ETF” published on July 25, 2018, Seekingalpha.com published: “Stocks To Watch: Any Privacy For Tesla?” on August 11, 2018. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Seekingalpha.com and their article: “Cisco: Buyback By The Numbers” published on July 25, 2018 as well as Nasdaq.com‘s news article titled: “7 Tech Stocks That Pay Dividends” with publication date: August 07, 2018.

Since February 20, 2018, it had 0 insider purchases, and 4 sales for $3.63 million activity. On Monday, February 26 the insider BURNS M MICHELE sold $550,153. Goeckeler David sold $1.51M worth of stock.

Among 39 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. Cisco Systems Inc. had 174 analyst reports since August 4, 2015 according to SRatingsIntel. On Wednesday, March 14 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by UBS on Thursday, May 17. As per Thursday, June 29, the company rating was maintained by Bernstein. As per Friday, July 21, the company rating was maintained by Credit Suisse. On Wednesday, August 2 the stock rating was maintained by Jefferies with “Buy”. KeyBanc Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, January 18 with “Buy” rating. The stock has “Buy” rating by Stifel Nicolaus on Monday, February 8. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Jefferies on Thursday, February 11. The firm has “Buy” rating by Piper Jaffray given on Wednesday, January 10. Piper Jaffray maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Wednesday, April 18 with “Buy” rating.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on August, 15 after the close. They expect $0.63 EPS, up 14.55% or $0.08 from last year’s $0.55 per share. CSCO’s profit will be $2.96 billion for 17.37 P/E if the $0.63 EPS becomes a reality. After $0.60 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 5.00% EPS growth.

More news for EQT Corporation (NYSE:EQT) were recently published by: Forbes.com, which released: “EQT Corp Midstream Spin-Off To Be Completed In Q4” on July 30, 2018. Seekingalpha.com‘s article titled: “EQT names CFO McNally as new President and CEO” and published on August 09, 2018 is yet another important article.

Among 23 analysts covering EQT Corporation (NYSE:EQT), 15 have Buy rating, 0 Sell and 8 Hold. Therefore 65% are positive. EQT Corporation had 90 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by SunTrust on Thursday, October 26 with “Hold”. Morgan Stanley maintained EQT Corporation (NYSE:EQT) rating on Thursday, May 24. Morgan Stanley has “Equal-Weight” rating and $64 target. SunTrust initiated the stock with “Hold” rating in Friday, December 8 report. The firm earned “Overweight” rating on Wednesday, December 9 by JP Morgan. The firm has “Hold” rating by Jefferies given on Monday, August 14. The rating was maintained by Jefferies with “Hold” on Monday, March 19. The company was downgraded on Thursday, February 25 by Suntrust Robinson. The stock of EQT Corporation (NYSE:EQT) has “Buy” rating given on Friday, September 1 by BMO Capital Markets. Seaport Global downgraded the stock to “Accumulate” rating in Wednesday, January 13 report. The company was initiated on Friday, March 24 by Stifel Nicolaus.

Since April 2, 2018, it had 5 buys, and 0 selling transactions for $299,978 activity. The insider Szydlowski Norman J bought 385 shares worth $21,244. 558 EQT Corporation (NYSE:EQT) shares with value of $26,511 were bought by Cary A. Bray Jr..

EQT Corporation (NYSE:EQT) Institutional Positions Chart

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