EQGP Holdings, LP (NYSE:EQGP) enjoyed a 30.73% run-up in share price since hitting record low of $15.36. The stock managed 0.3% rise and now stands at $20.08 as of 12/06/2018. At recent session, the prices were hovering between $19.68 and $20.08. This company shares are 9.86% off its target price of $22.06 and the current market capitalization stands at $5.16B. The recent change has given its price a 10.41% lead over SMA 50 and -34.65% deficit over its 52-week high. The stock witnessed 24.41% gains, -2.52% declines and -19.36% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found EQGP’s volatility during a week at 2.08% and during a month it has been found around 4.07%.EQGP Holdings, LP (EQGP) Top Holders
Institutional investors currently hold around $548 million or 9.2% in EQGP stock. Look at its top three institutional owners. Neuberger Berman Group Llc owns $155.69 million in EQGP Holdings, LP, which represents roughly 3.02% of the company’s market cap and approximately 28.41% of the institutional ownership. Similar statistics are true for the second largest owner, Goldman Sachs Group Inc, which owns 3,575,626 shares of the stock are valued at $71.58 million. The third largest holder is Chickasaw Capital Management Llc, which currently holds $64.75 million worth of this stock and that ownership represents nearly 1.25% of its market capitalization.EQGP Holdings, LP 13F Filings
At the end of September reporting period, 42 institutional holders increased their position in EQGP Holdings, LP (NYSE:EQGP) by some 3,245,721 shares, 41 decreased positions by 3,241,834 and 11 held positions by 20,896,392. That puts total institutional holdings at 27,383,947 shares, according to SEC filings. The stock grabbed 16 new institutional investments totaling 824,820 shares while 16 institutional investors sold out their entire positions totaling 572,112 shares.EQGP Holdings, LP (NYSE:EQGP) Insider Trades
Multiple company employees have indulged in significant insider trading. EQGP Holdings, LP disclosed in a document filed with the US Securities and Exchange Commission (SEC) that VP Finance and CAO Bone Theresa Z has sold 19,986 shares of EQGP Holdings, LP (EQGP) in trading session dated Mar. 30, 2016. These shares are worth $493,254 and were traded at $24.68 each. The SEC filing shows that Gardner Lewis B performed a purchase of 28,503 shares. The Director added these shares by way of transaction on May. 15, 2015. The company’s shares were assimilated at $27 per share worth to an investment of some $769,581 on account of Gardner Lewis B.
President and CEO, Porges David L, purchased 56,263 common shares of EQGP Holdings, LP (EQGP) in the open market. In a transaction dated May. 15, 2015, the shares were bought at an average price of $27, giving away a sum of $1,519,101. After this purchase, 56,263 common shares of EQGP are directly owned by the insider, with total stake valued at $1,129,761.
In the transaction dated May. 15, 2015, the great number of shares acquired came courtesy the Director; Schlotterbeck Steven T added a total of 37,762 shares at an average price of $27, amounting to approximately $1,019,574. The insider now directly owns 37,762 shares worth $758,261.EQGP Holdings, LP (EQGP) Analyst Guide
Several analysts have released their opinion on EQGP Holdings, LP (NYSE:EQGP), with 3 analysts believing it is a strong buy. Whereas 10 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.47 average brokerage recommendation.