Pring Turner Capital Group Inc Lowers stake in Questar Corporation (STR)

Questar Corporation (STR) : Pring Turner Capital Group Inc reduced its stake in Questar Corporation by 0.29% during the most recent quarter end. The investment management company now holds a total of 119,055 shares of Questar Corporation which is valued at $3 Million after selling 350 shares in Questar Corporation , the firm said in a disclosure report filed with the SEC on May 11, 2016.Questar Corporation makes up approximately 4.33% of Pring Turner Capital Group Inc’s portfolio.

Other Hedge Funds, Including , New Amsterdam Partnersny sold out all of its stake in STR during the most recent quarter. The investment firm sold 681,769 shares of STR which is valued $17.1 Million. Richard C. Young Ltd. added STR to its portfolio by purchasing 10,962 company shares during the most recent quarter which is valued at $275,256. Questar Corporation makes up approx 0.06% of Richard C. Young Ltd.’s portfolio.Woodstock Corp reduced its stake in STR by selling 2,800 shares or 1.75% in the most recent quarter. The Hedge Fund company now holds 156,769 shares of STR which is valued at $3.9 Million. Questar Corporation makes up approx 0.83% of Woodstock Corp’s portfolio. Indexiq Advisors added STR to its portfolio by purchasing 46,966 company shares during the most recent quarter which is valued at $1.2 Million. Questar Corporation makes up approx 0.08% of Indexiq Advisors’s portfolio.Bright Rock Capital Management reduced its stake in STR by selling 47,100 shares or 16.94% in the most recent quarter. The Hedge Fund company now holds 230,900 shares of STR which is valued at $5.8 Million. Questar Corporation makes up approx 1.96% of Bright Rock Capital Management’s portfolio.

Questar Corporation opened for trading at $25.09 and hit $25.21 on the upside on Monday, eventually ending the session at $25.21, with a gain of 0.40% or 0.1 points. The heightened volatility saw the trading volume jump to 10,89,549 shares. Company has a market cap of $4,422 M.

On the company’s financial health, Questar Corporation reported $0.50 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus of $0.51. The company had revenue of $456.30 million for the quarter, compared to analysts expectations of $460.41 million. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS.

Investors should note that on Apr 25, 2016, Questar Corporation announced a cash dividend of $0.2200. The company’s management has announced Jun 1, 2016 as the ex-dividend date and fixed the record date on Jun 3, 2016. The payable date has been fixed on Jun 20, 2016.

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.

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