Inside Stories

Evaluating Insider Trading And Ownership For QEP Resources, Inc. (QEP)

QEP Resources, Inc. (NYSE:QEP) has seen its stock price gain 1.41, or +14.73%, so far in 2017. In the past 3-month period alone, shares of QEP have appreciated +1.95 – or +21.59%. The stock’s 52-week range is $7.02 to $18.92, and its 3-month range is $7.30 to $11.21.

The average Wall Street analyst rating for QEP Resources, Inc. is Strong Buy, according to the average of 14 analyst scores. Of those analysts, 9 rate stock as a Strong Buy, 5 rate it as Hold, and just no analyst rates it as a Moderate Sell.

Insider Trading Activity for QEP Resources, Inc.

Looking at insider trading can give great insight into how QEP Resources, Inc. (NYSE:QEP) is performing. QEP Resources, Inc. has had 0 insider trades in the last 3 months, including 0 open market buys and 0 sells. Of those insider trades, 0 shares of QEP Resources, Inc. were purchased and 0 shares were sold. The total number of shares traded in the last 90-day period is 0.

Insider trading over the last 12 months, however, paints a different picture. In the last year there have been a total of 18 insider trades, including 11 open market buys and 7 sells. Of those transactions, there were 265,279 shares of QEP bought and 122,771 shares sold. The total number of shares traded in the last 12 months is 388,050.

The most recent open market insider trade was Buy of 25,000 shares on a day where the closing price was 7.2. The insider, TRICE DAVID A, now holds 40,000 shares of QEP.

The most recent non open market insider trade was completed by LEY ALICE B on 09/05/2017, and was a disposition of 289 shares with a final price of $7.53. The insider now holds 38,747 shares of QEP Resources, Inc. (QEP).

Examining Institutional Ownership at QEP Resources, Inc. (NYSE:QEP)

According to QEP Resources, Inc.’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 93.31%. The total amount of shares outstanding is 241.17 million, giving the company a market capitalization of about 2.65 billion.

There are 323 institutional holders with active positions, accounting for 224.82 million shares in total. Of those holders, 152 had increased positions amounting to 44.69 million shares, 132 had decreased positions amounting to 43.35 million shares, and 39 holders have a held position accounting for 136.78 million shares.

The top 5 institutional holders, in ascending order, are as follows: BLACKROCK INC. with 20.78 million shares, VANGUARD GROUP INC with 20.2 million shares, MILLENNIUM MANAGEMENT LLC with 12.95 million shares, STATE STREET CORP with 11.41 million shares, and WELLINGTON MANAGEMENT GROUP LLP with 10.49 million shares.

According to QEP Resources, Inc. (QEP) most recent 13F filing, the company has 45 new institutional holders – accounting for 8.5 million shares of its common stock. There were 45 sold out positions, amounting to 6.25 million shares.

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