Miller Howard Investments Inc. NY Has $25.93 Million Stock Holdings in Antero Midstream Co. (NYSE:AM)

Miller Howard Investments Inc. NY lessened its holdings in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 20.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,718,027 shares of the pipeline company's stock after selling 437,100 shares during the quarter. Miller Howard Investments Inc. NY owned approximately 0.36% of Antero Midstream worth $25,925,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of AM. State Street Corp increased its position in Antero Midstream by 1.5% during the 3rd quarter. State Street Corp now owns 11,086,787 shares of the pipeline company's stock worth $166,856,000 after buying an additional 160,593 shares during the period. Geode Capital Management LLC increased its position in Antero Midstream by 4.3% during the third quarter. Geode Capital Management LLC now owns 6,081,501 shares of the pipeline company's stock worth $91,549,000 after acquiring an additional 251,987 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Antero Midstream by 0.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,790,528 shares of the pipeline company's stock worth $57,047,000 after purchasing an additional 22,936 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Antero Midstream by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 1,906,052 shares of the pipeline company's stock valued at $28,686,000 after buying an additional 203,967 shares in the last quarter. Finally, FMR LLC grew its position in Antero Midstream by 121.9% during the third quarter. FMR LLC now owns 1,092,755 shares of the pipeline company's stock worth $16,446,000 after buying an additional 600,208 shares in the last quarter. Institutional investors own 53.97% of the company's stock.

Antero Midstream Price Performance

Shares of AM stock traded down $0.26 on Wednesday, hitting $15.85. 3,011,838 shares of the company's stock were exchanged, compared to its average volume of 2,619,966. The company has a 50 day moving average of $15.63 and a 200 day moving average of $15.16. The stock has a market cap of $7.63 billion, a P/E ratio of 19.57 and a beta of 2.31. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.09. Antero Midstream Co. has a 12 month low of $11.58 and a 12 month high of $16.86.

Antero Midstream (NYSE:AM - Get Free Report) last released its quarterly earnings data 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 18.91% and a net margin of 36.16%. On average, equities research analysts predict that Antero Midstream Co. will post 0.83 EPS for the current year.

Antero Midstream Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Wednesday, January 29th will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 5.68%. The ex-dividend date is Wednesday, January 29th. Antero Midstream's dividend payout ratio (DPR) is 111.11%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on AM shares. StockNews.com raised Antero Midstream from a "hold" rating to a "buy" rating in a report on Tuesday, February 4th. Wells Fargo & Company cut shares of Antero Midstream from an "overweight" rating to an "equal weight" rating and set a $16.00 price objective for the company. in a research report on Wednesday, December 18th.

Antero Midstream Profile

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.