Qep Res (QEP) Holder Caymus Capital Partners LP Has Decreased Holding by $14.12 Million; Metlife (MET) Stock Price Declined While Gyroscope Capital Management Group Has Increased by $737,307 Its Holding

January 14, 2018 - By Hazel Jackson

Caymus Capital Partners Lp decreased its stake in Qep Res Inc (QEP) by 22.26% based on its latest 2017Q3 regulatory filing with the SEC. Caymus Capital Partners Lp sold 1.77M shares as the company’s stock declined 33.02% while stock markets rallied. The hedge fund held 6.17 million shares of the energy company at the end of 2017Q3, valued at $52.84M, down from 7.93 million at the end of the previous reported quarter. Caymus Capital Partners Lp who had been investing in Qep Res Inc for a number of months, seems to be less bullish one the $2.67 billion market cap company. The stock increased 1.00% or $0.11 during the last trading session, reaching $11.09. About 4.87M shares traded. QEP Resources, Inc. (NYSE:QEP) has declined 34.57% since January 14, 2017 and is downtrending. It has underperformed by 51.27% the S&P500.

Gyroscope Capital Management Group Llc increased its stake in Metlife Inc (MET) by 14.18% based on its latest 2017Q3 regulatory filing with the SEC. Gyroscope Capital Management Group Llc bought 14,457 shares as the company’s stock declined 4.70% while stock markets rallied. The institutional investor held 116,392 shares of the finance company at the end of 2017Q3, valued at $6.05 million, up from 101,935 at the end of the previous reported quarter. Gyroscope Capital Management Group Llc who had been investing in Metlife Inc for a number of months, seems to be bullish on the $56.12B market cap company. The stock decreased 0.30% or $0.16 during the last trading session, reaching $53.33. About 5.48 million shares traded or 27.99% up from the average. MetLife, Inc. (NYSE:MET) has risen 13.92% since January 14, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.

Analysts await QEP Resources, Inc. (NYSE:QEP) to report earnings on February, 28. They expect $-0.07 earnings per share, up 53.33% or $0.08 from last year’s $-0.15 per share. After $-0.10 actual earnings per share reported by QEP Resources, Inc. for the previous quarter, Wall Street now forecasts -30.00% EPS growth.

Investors sentiment decreased to 1.23 in 2017 Q3. Its down 0.07, from 1.3 in 2017Q2. It is negative, as 37 investors sold QEP shares while 74 reduced holdings. 46 funds opened positions while 90 raised stakes. 219.29 million shares or 0.85% less from 221.16 million shares in 2017Q2 were reported. Gamco Et Al holds 0% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 60,000 shares. Price T Rowe Associates Md invested in 0% or 144,541 shares. Voya Invest Management Ltd Liability has 0.03% invested in QEP Resources, Inc. (NYSE:QEP). Citadel Ltd Llc accumulated 696,232 shares or 0% of the stock. Tortoise Capital Ltd Liability accumulated 68 shares or 0% of the stock. Chicago Equity Ptnrs invested in 165,870 shares. Klingenstein Fields And Ltd Com has invested 0.01% in QEP Resources, Inc. (NYSE:QEP). Northern Corp has invested 0% in QEP Resources, Inc. (NYSE:QEP). D E Shaw And reported 8.35M shares stake. Reilly Fincl Advsr Limited Liability Com reported 150 shares. Brinker Cap Inc holds 0.01% in QEP Resources, Inc. (NYSE:QEP) or 26,313 shares. Profund Advsrs Limited Com reported 33,795 shares or 0.01% of all its holdings. Creative Planning stated it has 290,794 shares. Advisors Asset Mgmt Incorporated owns 0% invested in QEP Resources, Inc. (NYSE:QEP) for 1,517 shares. Farmers Merchants Invs stated it has 2,314 shares.

Among 23 analysts covering QEP Resources (NYSE:QEP), 14 have Buy rating, 1 Sell and 8 Hold. Therefore 61% are positive. QEP Resources had 54 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, August 25 by Cowen & Co. The firm has “Buy” rating given on Thursday, January 11 by BMO Capital Markets. The stock of QEP Resources, Inc. (NYSE:QEP) has “Outperform” rating given on Friday, August 7 by Imperial Capital. The firm has “Neutral” rating by Goldman Sachs given on Thursday, October 6. The company was initiated on Thursday, July 21 by FBR Capital. The rating was initiated by Cantor Fitzgerald with “Buy” on Wednesday, December 23. The rating was maintained by BMO Capital Markets with “Buy” on Monday, June 26. The firm has “Hold” rating given on Friday, October 7 by Evercore. Credit Suisse initiated the shares of QEP in report on Monday, December 11 with “Sell” rating. The stock of QEP Resources, Inc. (NYSE:QEP) has “Overweight” rating given on Monday, September 18 by PiperJaffray.

Caymus Capital Partners Lp, which manages about $377.99 million and $794.30 million US Long portfolio, upped its stake in Cabot Oil & Gas Corp (NYSE:COG) by 135,050 shares to 626,550 shares, valued at $16.76 million in 2017Q3, according to the filing. It also increased its holding in Callon Pete Co Del (NYSE:CPE) by 261,400 shares in the quarter, for a total of 5.12M shares, and has risen its stake in Parsley Energy Inc (NYSE:PE).

Gyroscope Capital Management Group Llc, which manages about $127.73 million and $198.17 million US Long portfolio, decreased its stake in Johnson & Johnson (NYSE:JNJ) by 5,303 shares to 2,878 shares, valued at $374,000 in 2017Q3, according to the filing. It also reduced its holding in Leucadia Natl Corp (NYSE:LUK) by 24,750 shares in the quarter, leaving it with 107,265 shares, and cut its stake in Oracle Corp (NYSE:ORCL).

Among 16 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. MetLife had 46 analyst reports since July 31, 2015 according to SRatingsIntel. Deutsche Bank downgraded the stock to “Hold” rating in Wednesday, July 13 report. FBR Capital upgraded the stock to “Outperform” rating in Thursday, May 25 report. Barclays Capital maintained the stock with “Overweight” rating in Friday, August 11 report. On Friday, November 3 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. On Tuesday, October 10 the stock rating was downgraded by FBR Capital to “Neutral”. RBC Capital Markets maintained MetLife, Inc. (NYSE:MET) rating on Monday, June 5. RBC Capital Markets has “Buy” rating and $6200 target. Morgan Stanley downgraded the shares of MET in report on Wednesday, November 11 to “Equal-Weight” rating. The firm has “Buy” rating given on Monday, July 10 by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, June 28 by Wells Fargo. Keefe Bruyette & Woods maintained it with “Buy” rating and $58.0 target in Thursday, December 21 report.

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