Antero Midstream Co. (NYSE:AM) Shares Bought by American Century Companies Inc.

American Century Companies Inc. grew its position in Antero Midstream Co. (NYSE:AM - Free Report) by 3.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,085,697 shares of the pipeline company's stock after purchasing an additional 73,496 shares during the quarter. American Century Companies Inc. owned approximately 0.43% of Antero Midstream worth $31,473,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. HUB Investment Partners LLC lifted its holdings in Antero Midstream by 15.5% during the 4th quarter. HUB Investment Partners LLC now owns 60,465 shares of the pipeline company's stock worth $912,000 after buying an additional 8,095 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its position in shares of Antero Midstream by 5,787.1% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 8,242 shares of the pipeline company's stock worth $124,000 after buying an additional 8,102 shares during the last quarter. Xponance Inc. boosted its holdings in shares of Antero Midstream by 12.2% in the 4th quarter. Xponance Inc. now owns 53,886 shares of the pipeline company's stock valued at $813,000 after buying an additional 5,874 shares in the last quarter. Intech Investment Management LLC grew its position in shares of Antero Midstream by 153.6% in the 4th quarter. Intech Investment Management LLC now owns 233,957 shares of the pipeline company's stock valued at $3,530,000 after buying an additional 141,689 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in Antero Midstream by 22.4% during the 4th quarter. Advisors Asset Management Inc. now owns 439,387 shares of the pipeline company's stock worth $6,630,000 after acquiring an additional 80,459 shares in the last quarter. 53.97% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Several equities analysts have issued reports on the company. StockNews.com lowered Antero Midstream from a "buy" rating to a "hold" rating in a report on Saturday, March 15th. Wells Fargo & Company raised their price target on Antero Midstream from $16.00 to $17.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th.

Antero Midstream Stock Performance

NYSE:AM traded up $0.07 during trading hours on Monday, reaching $18.01. 2,895,792 shares of the company's stock were exchanged, compared to its average volume of 2,837,288. Antero Midstream Co. has a 1-year low of $13.12 and a 1-year high of $18.75. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $8.62 billion, a price-to-earnings ratio of 21.70 and a beta of 2.33. The company has a 50-day moving average of $16.69 and a 200 day moving average of $15.77.

Antero Midstream (NYSE:AM - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by ($0.01). Antero Midstream had a return on equity of 18.82% and a net margin of 36.24%. Research analysts anticipate that Antero Midstream Co. will post 0.95 EPS for the current year.

Antero Midstream Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Investors of record on Wednesday, January 29th were issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 5.00%. The ex-dividend date of this dividend was Wednesday, January 29th. Antero Midstream's dividend payout ratio is presently 108.43%.

About Antero Midstream

Antero Midstream Corporation owns, operates, and develops midstream energy assets in the Appalachian Basin. It operates in two segments, Gathering and Processing, and Water Handling. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collects and processes production from Antero Resources' wells in West Virginia and Ohio.