Antero Midstream Co. (NYSE:AM) Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership lowered its position in Antero Midstream Co. (NYSE:AM - Free Report) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,328,555 shares of the pipeline company's stock after selling 42,480 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.48% of Antero Midstream worth $35,138,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Guild Investment Management Inc. purchased a new position in Antero Midstream during the 4th quarter valued at about $1,883,000. JPMorgan Chase & Co. raised its position in shares of Antero Midstream by 12.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,906,052 shares of the pipeline company's stock worth $28,686,000 after purchasing an additional 203,967 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Antero Midstream by 45.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 124,701 shares of the pipeline company's stock valued at $1,882,000 after buying an additional 39,048 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in Antero Midstream during the 4th quarter valued at $226,000. Finally, Empowered Funds LLC increased its position in Antero Midstream by 4.3% during the fourth quarter. Empowered Funds LLC now owns 42,139 shares of the pipeline company's stock worth $636,000 after buying an additional 1,751 shares in the last quarter. Institutional investors and hedge funds own 53.97% of the company's stock.

Wall Street Analyst Weigh In

AM has been the topic of several recent research reports. StockNews.com raised Antero Midstream from a "hold" rating to a "buy" rating in a research note on Thursday. Wells Fargo & Company raised their price target on shares of 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 Trading Down 1.2 %

Shares of AM stock traded down $0.20 during mid-day trading on Monday, hitting $16.14. 5,887,780 shares of the company's stock were exchanged, compared to its average volume of 2,880,535. The stock has a market cap of $7.72 billion, a price-to-earnings ratio of 19.44 and a beta of 1.99. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.47. Antero Midstream Co. has a fifty-two week low of $13.12 and a fifty-two week high of $18.49. The stock has a 50-day simple moving average of $16.83 and a two-hundred day simple moving average of $15.88.

Antero Midstream (NYSE:AM - Get Free Report) last issued 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%. Equities analysts expect that Antero Midstream Co. will post 0.95 EPS for the current fiscal year.

Antero Midstream Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date was Wednesday, January 29th. Antero Midstream's dividend payout ratio is currently 108.43%.

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.