Maple-brown Abbott Ltd Exits Position in Questar Corporation (STR)

Questar Corporation (STR) : Maple-brown Abbott Ltd has sold out all of its stake in Questar Corporation during the most recent quarter, according to the disclosure filed by the company on Aug 9, 2016 with the SEC. The investment management company has sold out 276,397 shares of Questar Corporation which is valued at $6,956,912.

Other Hedge Funds, Including , Maple-brown Abbott Ltd sold out all of its stake in STR during the most recent quarter. The investment firm sold 276,397 shares of STR which is valued $6,956,912.Huntington National Bank reduced its stake in STR by selling 100,426 shares or 66.57% in the most recent quarter. The Hedge Fund company now holds 50,428 shares of STR which is valued at $1,265,743. Questar Corporation makes up approx 0.03% of Huntington National Bank’s portfolio.Farmers Merchants Investments Inc boosted its stake in STR in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 139,164 shares of Questar Corporation which is valued at $3,506,933. Questar Corporation makes up approx 0.38% of Farmers Merchants Investments Inc’s portfolio.Fenimore Asset Management Inc reduced its stake in STR by selling 4,250 shares or 1.06% in the most recent quarter. The Hedge Fund company now holds 398,291 shares of STR which is valued at $9,997,104. Questar Corporation makes up approx 0.48% of Fenimore Asset Management Inc’s portfolio.

Questar Corporation opened for trading at $25.02 and hit $25.1 on the upside on Wednesday, eventually ending the session at $25.02, with a gain of 0.12% or 0.03 points. The heightened volatility saw the trading volume jump to 6,73,948 shares. Company has a market cap of $4,390 M.

On the company’s financial health, Questar Corporation reported $0.20 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.22. The company had revenue of $174.10 million for the quarter, compared to analysts expectations of $219.64 million. The company’s revenue was down -12.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.23 EPS.

Questar Corporation (Questar) is an integrated natural gas holding company that develops produces and delivers clean energy in the Rockies North America. The company through its subsidiaries is principally engaged in three line of business: Questar Gas Company (Questar Gas) which provides retail natural gas distribution in Utah Wyoming and Idaho; Wexpro Company (Wexpro) that develops and produces natural gas from cost-of-service reserves for Questar Gas customers and Questar Pipeline Company which operates interstate natural gas pipelines and storage facilities in the western United States and provides other energy services. The Company also operates through Questar Fueling Company (Questar Fueling) which builds owns and operates compressed natural gas (CNG) fueling stations for fleet operators with medium- and heavy-duty trucks and tractors.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Questar Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on Questar Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.