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

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

Other large investors also recently bought and sold shares of the company. Guild Investment Management Inc. acquired a new position in shares of Antero Midstream during the fourth quarter worth $1,883,000. JPMorgan Chase & Co. increased its stake in 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 buying an additional 203,967 shares during the period. SBI Securities Co. Ltd. acquired a new position in Antero Midstream in the 4th quarter worth $226,000. Commonwealth Equity Services LLC boosted its position 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 during the last quarter. Finally, Empowered Funds LLC grew its stake in shares of Antero Midstream by 4.3% during the fourth quarter. Empowered Funds LLC now owns 42,139 shares of the pipeline company's stock valued at $636,000 after acquiring an additional 1,751 shares in the last quarter. Institutional investors and hedge funds own 53.97% of the company's stock.

Antero Midstream Stock Down 9.0 %

NYSE AM traded down $1.63 during trading hours on Friday, reaching $16.35. 5,803,691 shares of the company traded hands, compared to its average volume of 2,862,239. The stock has a market capitalization of $7.82 billion, a PE ratio of 19.69 and a beta of 2.33. 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 12 month low of $13.12 and a 12 month high of $18.49. The company has a 50 day moving average of $16.82 and a two-hundred day moving average of $15.86.

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

Antero Midstream Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date of this dividend was Wednesday, January 29th. Antero Midstream's dividend payout ratio is presently 108.43%.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Wells Fargo & Company boosted 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. StockNews.com upgraded Antero Midstream from a "hold" rating to a "buy" rating in a report on Thursday.

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.