From MarketBeat:



Wedge Capital Management L L P NC has reduced its holdings in Equitrans Midstream Co. by 59.5% in the third quarter, now owning 170,152 shares worth $1,594,000. A number of other institutional investors and hedge funds have also made changes to their positions in ETRN. ETRN stock opened at $10.19, with a market capitalization of $4.41 billion. They last released their quarterly earnings, reporting $0.28 EPS and a net margin of 26.09%. The company also announced a quarterly dividend of $0.15 per share. Several analysts have issued ratings on ETRN stock, with an average rating of “Hold” and a consensus target price of $10.42. Equitrans Midstream Corporation owns, operates, acquires, and develops midstream assets in the Appalachian Basin. This article was generated by narrative science technology and financial data from MarketBeat for fast and accurate reporting. It is suggested that investors may want to consider other stocks, as Equitrans Midstream was not on the list of top stocks recommended by top-rated analysts, despite currently having a “Hold” rating.



Original: Wedge Capital Management L L P NC Trims Position in Equitrans Midstream Co. (NYSE:ETRN)