Y Intercept Hong Kong Ltd Has $476,000 Stock Holdings in Antero Midstream Co. (NYSE:AM)

Y Intercept Hong Kong Ltd trimmed its position in Antero Midstream Co. (NYSE:AM - Free Report) by 55.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,554 shares of the pipeline company's stock after selling 39,946 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Antero Midstream were worth $476,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Birch Capital Management LLC boosted its holdings in Antero Midstream by 1.8% during the fourth quarter. Birch Capital Management LLC now owns 37,482 shares of the pipeline company's stock valued at $566,000 after purchasing an additional 655 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Antero Midstream by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 83,452 shares of the pipeline company's stock worth $1,256,000 after buying an additional 685 shares during the period. KPP Advisory Services LLC boosted its stake in Antero Midstream by 3.0% in the 4th quarter. KPP Advisory Services LLC now owns 23,893 shares of the pipeline company's stock valued at $361,000 after buying an additional 700 shares in the last quarter. Coldstream Capital Management Inc. grew its position in Antero Midstream by 6.1% in the third quarter. Coldstream Capital Management Inc. now owns 12,263 shares of the pipeline company's stock valued at $185,000 after acquiring an additional 705 shares during the period. Finally, CIBC Asset Management Inc raised its stake in Antero Midstream by 5.1% during the fourth quarter. CIBC Asset Management Inc now owns 15,050 shares of the pipeline company's stock worth $227,000 after acquiring an additional 724 shares in the last quarter. 53.97% of the stock is owned by institutional investors.

Antero Midstream Price Performance

AM stock traded down $0.18 during midday trading on Monday, reaching $16.77. 5,662,416 shares of the company's stock traded hands, compared to its average volume of 3,006,073. 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 company has a market cap of $8.03 billion, a price-to-earnings ratio of 20.21 and a beta of 2.31. The company has a 50-day simple moving average of $15.99 and a two-hundred day simple moving average of $15.38. Antero Midstream Co. has a 1-year low of $13.12 and a 1-year high of $17.19.

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 net margin of 36.24% and a return on equity of 18.82%. On average, analysts anticipate that Antero Midstream Co. will post 0.95 earnings per share for the current year.

Antero Midstream Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.37%. The ex-dividend date of this dividend was Wednesday, January 29th. Antero Midstream's dividend payout ratio is presently 108.43%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. StockNews.com upgraded shares of Antero Midstream from a "hold" rating to a "buy" rating in a research note on Tuesday, February 4th. Wells Fargo & Company lifted their price target on shares of Antero Midstream from $16.00 to $17.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th.

Antero Midstream Company 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.