Barclays PLC Has $26.72 Million Stake in Antero Midstream Co. (NYSE:AM)

Barclays PLC increased its position in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 32.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,770,853 shares of the pipeline company's stock after purchasing an additional 436,091 shares during the period. Barclays PLC owned approximately 0.37% of Antero Midstream worth $26,722,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Birch Capital Management LLC boosted its position in shares of Antero Midstream by 1.8% in the 4th quarter. Birch Capital Management LLC now owns 37,482 shares of the pipeline company's stock worth $566,000 after purchasing an additional 655 shares in the last quarter. Stifel Financial Corp grew its position in Antero Midstream by 0.8% in the 3rd quarter. Stifel Financial Corp now owns 83,452 shares of the pipeline company's stock valued at $1,256,000 after acquiring an additional 685 shares in the last quarter. KPP Advisory Services LLC grew its position in shares of Antero Midstream by 3.0% during the fourth quarter. KPP Advisory Services LLC now owns 23,893 shares of the pipeline company's stock worth $361,000 after buying an additional 700 shares in the last quarter. CIBC Asset Management Inc grew its position in shares of 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 buying an additional 724 shares in the last quarter. Finally, Metis Global Partners LLC lifted its stake in Antero Midstream by 4.3% during the fourth quarter. Metis Global Partners LLC now owns 19,773 shares of the pipeline company's stock worth $298,000 after purchasing an additional 821 shares during the last quarter. 53.97% of the stock is owned by hedge funds and other institutional investors.

Antero Midstream Price Performance

AM traded up $0.33 during trading on Thursday, reaching $17.00. The stock had a trading volume of 516,391 shares, compared to its average volume of 2,936,472. The firm has a market capitalization of $8.13 billion, a price-to-earnings ratio of 20.41 and a beta of 1.99. Antero Midstream Co. has a 1-year low of $13.12 and a 1-year high of $18.49. The stock has a 50 day moving average of $16.93 and a two-hundred day moving average of $15.99. 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 (NYSE:AM - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.23 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%. As a group, equities analysts anticipate 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 will be paid on Wednesday, May 7th. Investors of record on Wednesday, April 23rd will be paid a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 5.30%. The ex-dividend date of this dividend is Wednesday, April 23rd. Antero Midstream's dividend payout ratio is 108.43%.

Wall Street Analysts Forecast Growth

AM has been the subject of a number of research reports. Wells Fargo & Company boosted their price objective 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 raised shares of Antero Midstream from a "hold" rating to a "buy" rating in a research note on Thursday, April 3rd.

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.