Talara Capital Management Llc Upped Position in Qep Res Inc (NYSE:QEP) by $10.82 Million as Price Declined

May 17, 2018 - By Tamara Reed

Big Money Sentiment decreased to 1.03 in 2017 Q4. It has change of 0.20, from 2017Q3’s 1.23. The ratio turned negative due to QEP positioning: 33 sold and 83 reduced. 38 funds acquired holdings and 81 increased holdings. Investors holded 219.29 million in 2017Q3 but now own 207.43 million shares or 5.41% less. Employees Retirement Association Of Colorado reported 0% of its capital in QEP Resources, Inc. (NYSE:QEP). Ny State Common Retirement Fund has 0.01% invested in QEP Resources, Inc. (NYSE:QEP). Artemis Investment Mgmt Llp invested in 797,443 shs. Sg Americas Secs Limited Liability Co reported 190,515 shs or 0.02% of all its holdings. Pacad Invest Limited invested in 16,500 shs or 0.04% of the stock. Gsa Cap Llp holds 37,174 shs. Integral Derivatives Limited Liability reported 57,287 shs. Metropolitan Life Insurance New York reported 68,977 shs or 0.01% of all its holdings. 32,678 were reported by Dupont Cap Mgmt. E&G L P has 20,300 shs for 0.08% of their capital. Vaughan Nelson Investment Mgmt Ltd Partnership holds 3.87 million shs or 0.43% of its capital. Profund Advisors Lc stated it has 0.01% of its capital in QEP Resources, Inc. (NYSE:QEP). Van Eck Assocs Corporation reported 43,834 shs. Moreover, Winfield Incorporated has 0% invested in QEP Resources, Inc. (NYSE:QEP) for 85 shs. Smith Asset Mgmt Gru Limited Partnership, Texas-based fund reported 2,480 shs.

QEP had 0 selling transactions and 1 buying transaction since March 8, 2018. This’s net activity of $90,000.

Talara Capital Management Llc increased its holdings by 42.33% in Qep Res Inc (NYSE:QEP), according to 2018Q1 SEC filling. Qep Res Inc (NYSE:QEP) declined 2.19% with the market as Talara Capital Management Llc bought 1.20 million shares. It held 4.04 million shares of Qep Res Inc (NYSE:QEP) at the end of 2018Q1, valued at $39.59M, up from 2.84 million last quarter. Talara Capital Management Llc cut its stake in and reduced position by shares for a total of shares.

Talara Capital Management Llc is a New York-based hedge fund that was founded by David Zusman. It had more than $249.36 million assets under management in July, 2014. Taken from Talara Capital Management latest Adv, the fund reported to have 9 full and part-time employees. Among which 5 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

QEP Resources, Inc. (NYSE:QEP) Ratings Coverage

Total analysts of 14 have positions in QEP Resources (NYSE:QEP) as follows: 6 rated it a “Buy”, 1 with “Sell” and 7 with “Hold”. The positive are 43%. Since November 21, 2017 according to StockzIntelligence Inc QEP Resources has 22 analyst reports. In Wednesday, March 14 report Piper Jaffray maintained it with “Buy” rating and $13.0 target. On Thursday, March 1 the firm has “Buy” rating by Williams Capital Group given. On Wednesday, April 11 the company was maintained by BMO Capital Markets. On Thursday, January 11 the firm has “Buy” rating given by BMO Capital Markets. In Tuesday, January 9 report Piper Jaffray maintained the stock with “Buy” rating. On Tuesday, November 21 Mizuho upgraded the shares of QEP in report to “Buy” rating. The company rating was maintained by Stifel Nicolaus on Monday, April 23. On Thursday, April 26 the company was maintained by Williams Capital Group. On Tuesday, May 1 the stock of QEP Resources, Inc. (NYSE:QEP) has “Neutral” rating given by PiperJaffray. In Monday, April 16 report SunTrust maintained it with “Hold” rating and $1200 target.

QEP Resources, Inc., through its subsidiaries, operates as a natural gas and crude oil exploration and production firm in the United States.The firm is valued at $3.09 billion. The firm conducts exploration and production activities in the Williston Basin in North Dakota, Permian Basin in western Texas; Pinedale Anticline in western Wyoming; Uinta Basin in eastern Utah; Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado.Last it reported negative earnings. As of December 31, 2016, it had estimated proved reserves of 731.4 MMboe.

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

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