Antero Midstream Co. (NYSE:AM) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in Antero Midstream Co. (NYSE:AM - Free Report) by 1.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,828,315 shares of the pipeline company's stock after purchasing an additional 37,787 shares during the period. Charles Schwab Investment Management Inc. owned about 0.80% of Antero Midstream worth $57,769,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AM. Ashton Thomas Securities LLC bought a new position in Antero Midstream in the 3rd quarter worth approximately $38,000. Financial Management Professionals Inc. increased its stake in Antero Midstream by 58.6% in the 4th quarter. Financial Management Professionals Inc. now owns 2,706 shares of the pipeline company's stock worth $41,000 after acquiring an additional 1,000 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Antero Midstream in the 3rd quarter valued at about $48,000. Blue Trust Inc. grew its holdings in shares of Antero Midstream by 84.3% during the fourth quarter. Blue Trust Inc. now owns 5,712 shares of the pipeline company's stock worth $86,000 after purchasing an additional 2,612 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Antero Midstream by 44.5% in the fourth quarter. GAMMA Investing LLC now owns 6,372 shares of the pipeline company's stock worth $96,000 after purchasing an additional 1,962 shares during the last quarter. Hedge funds and other institutional investors own 53.97% of the company's stock.

Antero Midstream Stock Performance

NYSE:AM traded down $0.06 during trading hours on Thursday, reaching $16.89. The company had a trading volume of 3,880,242 shares, compared to its average volume of 2,612,327. The firm has a market cap of $8.08 billion, a price-to-earnings ratio of 20.34 and a beta of 2.32. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.47. Antero Midstream Co. has a 52 week low of $13.12 and a 52 week high of $17.26. The firm's 50 day moving average price is $16.25 and its 200-day moving average price is $15.50.

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

Antero Midstream Dividend Announcement

The company 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. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.90 annualized dividend and a yield of 5.33%. Antero Midstream's payout ratio is 108.43%.

Wall Street Analyst Weigh In

AM has been the subject of several research reports. Wells Fargo & Company increased their target price on Antero Midstream from $16.00 to $17.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. StockNews.com cut Antero Midstream from a "buy" rating to a "hold" rating in a report on Thursday, March 6th.

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.