Antero Midstream Co. (NYSE:AM) Stock Holdings Raised by Cinctive Capital Management LP

Cinctive Capital Management LP boosted its holdings in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 15.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,488,840 shares of the pipeline company's stock after buying an additional 337,330 shares during the period. Antero Midstream makes up about 1.9% of Cinctive Capital Management LP's holdings, making the stock its 2nd largest holding. Cinctive Capital Management LP owned 0.52% of Antero Midstream worth $37,557,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AM. Geode Capital Management LLC increased its stake in shares of Antero Midstream by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 6,106,502 shares of the pipeline company's stock worth $92,174,000 after buying an additional 25,001 shares during the period. Franklin Resources Inc. boosted its holdings in Antero Midstream by 18.5% in the fourth quarter. Franklin Resources Inc. now owns 251,813 shares of the pipeline company's stock valued at $3,800,000 after acquiring an additional 39,340 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new position in Antero Midstream during the 4th quarter valued at $163,000. Brandywine Global Investment Management LLC raised its holdings in Antero Midstream by 36.9% in the 4th quarter. Brandywine Global Investment Management LLC now owns 692,373 shares of the pipeline company's stock worth $10,448,000 after purchasing an additional 186,693 shares in the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of Antero Midstream in the 4th quarter worth about $119,000. 53.97% of the stock is currently owned by hedge funds and other institutional investors.

Antero Midstream Stock Down 2.7 %

NYSE:AM traded down $0.44 during mid-day trading on Monday, hitting $15.89. 2,129,500 shares of the company's stock were exchanged, compared to its average volume of 3,538,732. The company has a market cap of $7.60 billion, a PE ratio of 19.19 and a beta of 1.99. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.17 and a quick ratio of 1.17. Antero Midstream Co. has a one year low of $13.12 and a one year high of $18.49. The business has a fifty day moving average price of $16.82 and a 200 day moving average price of $15.87.

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 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 predict that Antero Midstream Co. will post 0.95 EPS for the current year.

Antero Midstream Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Wednesday, January 29th were paid a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.67%. Antero Midstream's dividend payout ratio is currently 108.43%.

Analyst Ratings Changes

Several analysts have weighed in on AM shares. StockNews.com raised Antero Midstream from a "hold" rating to a "buy" rating in a research report on Thursday. Wells Fargo & Company upped 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.

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.