Mariner LLC Grows Position in Antero Midstream Co. (NYSE:AM)

Mariner LLC raised its holdings in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 28.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 105,514 shares of the pipeline company's stock after purchasing an additional 23,577 shares during the period. Mariner LLC's holdings in Antero Midstream were worth $1,592,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. World Investment Advisors LLC bought a new position in Antero Midstream in the 3rd quarter valued at approximately $680,000. JPMorgan Chase & Co. raised its stake in shares of Antero Midstream by 12.0% in the third 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. GAMMA Investing LLC lifted its holdings in shares of Antero Midstream by 44.5% during the fourth quarter. GAMMA Investing LLC now owns 6,372 shares of the pipeline company's stock valued at $96,000 after purchasing an additional 1,962 shares in the last quarter. Everence Capital Management Inc. purchased a new stake in shares of Antero Midstream during the fourth quarter valued at $451,000. Finally, Birch Capital Management LLC increased its holdings in 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 buying an additional 655 shares in the last quarter. 53.97% of the stock is owned by hedge funds and other institutional investors.

Antero Midstream Stock Performance

Shares of AM traded up $0.15 during trading hours on Monday, hitting $17.03. The stock had a trading volume of 2,177,794 shares, compared to its average volume of 2,938,366. The firm has a market capitalization of $8.15 billion, a PE ratio of 20.52 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 12 month low of $13.12 and a 12 month high of $18.49. The stock has a fifty day moving average price of $16.93 and a 200 day moving average price of $16.01.

Antero Midstream (NYSE:AM - Get Free Report) last announced its earnings results on Wednesday, February 12th. The pipeline company reported $0.23 earnings per share (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%. Analysts anticipate that Antero Midstream Co. will post 0.95 EPS for the current year.

Antero Midstream Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $0.90 dividend on an annualized basis and a yield of 5.28%. Antero Midstream's dividend payout ratio is currently 108.43%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. StockNews.com upgraded shares of Antero Midstream from a "hold" rating to a "buy" rating in a research note on Thursday, April 3rd. Wells Fargo & Company increased their price objective on shares of Antero Midstream from $16.00 to $17.00 and gave the company an "overweight" rating in a research 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.