Qep Resources (QEP) Stock Declined While Tiaa Cref Investment Management Lifted Holding by $746,937; Travele (TRV) Share Value Rose While Vantage Investment Partners Has Cut Its Position

May 24, 2018 - By Ellis Scott

The Travelers Companies, Inc. (NYSE:TRV) Logo

Tiaa Cref Investment Management Llc increased its stake in Qep Resources Inc (QEP) by 8.85% based on its latest 2017Q4 regulatory filing with the SEC. Tiaa Cref Investment Management Llc bought 82,993 shares as the company’s stock declined 2.19% with the market. The institutional investor held 1.02M shares of the energy company at the end of 2017Q4, valued at $9.77M, up from 938,068 at the end of the previous reported quarter. Tiaa Cref Investment Management Llc who had been investing in Qep Resources Inc for a number of months, seems to be bullish on the $3.09B market cap company. The stock decreased 0.72% or $0.095 during the last trading session, reaching $13.025. About 1.97M shares traded. QEP Resources, Inc. (NYSE:QEP) has declined 22.78% since May 24, 2017 and is downtrending. It has underperformed by 34.33% the S&P500.

Vantage Investment Partners Llc decreased its stake in Travele (TRV) by 91.65% based on its latest 2017Q4 regulatory filing with the SEC. Vantage Investment Partners Llc sold 100,947 shares as the company’s stock rose 1.76% while stock markets declined. The institutional investor held 9,203 shares of the finance company at the end of 2017Q4, valued at $1.25 million, down from 110,150 at the end of the previous reported quarter. Vantage Investment Partners Llc who had been investing in Travele for a number of months, seems to be less bullish one the $35.26 billion market cap company. The stock decreased 0.32% or $0.42 during the last trading session, reaching $130.48. About 319,676 shares traded. The Travelers Companies, Inc. (NYSE:TRV) has risen 13.01% since May 24, 2017 and is uptrending. It has outperformed by 1.46% the S&P500.

Among 27 analysts covering QEP Resources (NYSE:QEP), 13 have Buy rating, 1 Sell and 13 Hold. Therefore 48% are positive. QEP Resources had 72 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, May 1 by PiperJaffray. FBR Capital upgraded it to “Outperform” rating and $24 target in Tuesday, January 3 report. The firm has “Hold” rating given on Friday, July 28 by J.P. Morgan. JP Morgan maintained it with “Neutral” rating and $10 target in Monday, March 5 report. The firm has “Neutral” rating given on Thursday, October 6 by Goldman Sachs. The stock of QEP Resources, Inc. (NYSE:QEP) has “Buy” rating given on Thursday, March 1 by Williams Capital Group. On Tuesday, April 24 the stock rating was maintained by Stephens with “Hold”. UBS initiated QEP Resources, Inc. (NYSE:QEP) on Thursday, March 23 with “Neutral” rating. The firm has “Equal-Weight” rating given on Tuesday, November 7 by Barclays Capital. The firm earned “Buy” rating on Friday, August 25 by Cowen & Co.

Since March 8, 2018, it had 1 buying transaction, and 0 selling transactions for $90,000 activity.

Another recent and important QEP Resources, Inc. (NYSE:QEP) news was published by Globenewswire.com which published an article titled: “QEP Resources Reports First Quarter 2018 Financial and Operating Results” on April 25, 2018.

Investors sentiment decreased to 1.03 in Q4 2017. Its down 0.20, from 1.23 in 2017Q3. It dived, as 33 investors sold QEP shares while 83 reduced holdings. 38 funds opened positions while 81 raised stakes. 207.43 million shares or 5.41% less from 219.29 million shares in 2017Q3 were reported. Moreover, Franklin Incorporated has 0% invested in QEP Resources, Inc. (NYSE:QEP). Tiaa Cref Investment Management holds 0.01% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 1.02M shares. River Road Asset Ltd Liability Co holds 0.05% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 287,910 shares. State Street stated it has 0.01% of its portfolio in QEP Resources, Inc. (NYSE:QEP). Comm Natl Bank owns 10,135 shares or 0% of their US portfolio. Parallax Volatility Advisers LP holds 0% or 1,500 shares. Rhumbline Advisers reported 431,201 shares. Federated Invsts Pa has 0% invested in QEP Resources, Inc. (NYSE:QEP). American Intl Gru holds 498,484 shares or 0.02% of its portfolio. Winfield Associate reported 85 shares. Tocqueville Asset LP holds 0% or 14,700 shares in its portfolio. Monarch Mgmt holds 0.07% or 18,825 shares in its portfolio. Jacobs Levy Equity Management reported 0.02% of its portfolio in QEP Resources, Inc. (NYSE:QEP). Los Angeles Mngmt Equity has invested 0.01% of its portfolio in QEP Resources, Inc. (NYSE:QEP). Moreover, Oregon Employees Retirement Fund has 0.01% invested in QEP Resources, Inc. (NYSE:QEP).

Tiaa Cref Investment Management Llc, which manages about $151.69 billion US Long portfolio, decreased its stake in Nasdaq Inc (NASDAQ:NDAQ) by 16,802 shares to 368,988 shares, valued at $28.35 million in 2017Q4, according to the filing. It also reduced its holding in Morgan Stanley (NYSE:MS) by 1.28 million shares in the quarter, leaving it with 8.34M shares, and cut its stake in Artisan Partners Asset Management Inc (NYSE:APAM).

Analysts await The Travelers Companies, Inc. (NYSE:TRV) to report earnings on July, 19. They expect $2.43 EPS, up 26.56% or $0.51 from last year’s $1.92 per share. TRV’s profit will be $656.74 million for 13.42 P/E if the $2.43 EPS becomes a reality. After $2.46 actual EPS reported by The Travelers Companies, Inc. for the previous quarter, Wall Street now forecasts -1.22% negative EPS growth.

QEP Resources, Inc. (NYSE:QEP) Institutional Positions Chart

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