Natixis Advisors LLC increased its position in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 15.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 110,411 shares of the pipeline company's stock after buying an additional 14,971 shares during the period. Natixis Advisors LLC's holdings in Antero Midstream were worth $1,666,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Victory Capital Management Inc. increased its stake in shares of Antero Midstream by 30.9% in the 3rd quarter. Victory Capital Management Inc. now owns 135,230 shares of the pipeline company's stock valued at $2,035,000 after purchasing an additional 31,915 shares in the last quarter. Pathstone Holdings LLC raised its position in shares of Antero Midstream by 8.7% during the 3rd quarter. Pathstone Holdings LLC now owns 164,178 shares of the pipeline company's stock worth $2,471,000 after purchasing an additional 13,176 shares during the last quarter. Commerce Bank lifted its stake in Antero Midstream by 12.0% in the 3rd quarter. Commerce Bank now owns 15,434 shares of the pipeline company's stock valued at $232,000 after buying an additional 1,650 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Antero Midstream by 0.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,790,528 shares of the pipeline company's stock worth $57,047,000 after buying an additional 22,936 shares in the last quarter. Finally, Citigroup Inc. lifted its position in shares of Antero Midstream by 1.2% in the third quarter. Citigroup Inc. now owns 670,894 shares of the pipeline company's stock valued at $10,097,000 after acquiring an additional 7,790 shares in the last quarter. Institutional investors and hedge funds own 53.97% of the company's stock.
Analyst Ratings Changes
Several 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 report on Tuesday, February 18th. StockNews.com cut shares of Antero Midstream from a "buy" rating to a "hold" rating in a research report on Saturday, March 15th.
Check Out Our Latest Stock Report on Antero Midstream
Antero Midstream Trading Up 0.2 %
Antero Midstream stock traded up $0.04 during trading on Friday, reaching $17.95. 2,573,252 shares of the company were exchanged, compared to its average volume of 2,836,807. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.17 and a quick ratio of 1.17. The stock's 50 day simple moving average is $16.66 and its two-hundred day simple moving average is $15.72. The company has a market capitalization of $8.59 billion, a P/E ratio of 21.62 and a beta of 2.33. Antero Midstream Co. has a 52-week low of $13.12 and a 52-week high of $18.30.
Antero Midstream (NYSE:AM - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.01). Antero Midstream had a net margin of 36.24% and a return on equity of 18.82%. On average, equities research analysts expect that Antero Midstream Co. will post 0.95 earnings per share for the current fiscal year.
Antero Midstream Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Wednesday, January 29th were issued a dividend of $0.225 per share. 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 5.02%. Antero Midstream's dividend payout ratio is currently 108.43%.
About Antero Midstream
(
Free Report)
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.
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