EQT Reports Lower-Than-Expected EPS as Analysts Adjust Price Targets
Mitsubishi UFJ Trust & Banking bought an additional 48,587 EQT shares, bringing its stake to 583,072 shares valued at about $31.25 million. Cullen Frost Bankers also increased its position. Several analysts adjusted EQT price targets and maintained buy/overweight ratings. EQT reported $0.39 EPS for the quarter, missing the $0.41 consensus, and its dividend payout ratio is 15.31%.