Natixis Advisors LLC grew its holdings in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 89.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 95,440 shares of the pipeline company's stock after acquiring an additional 44,993 shares during the quarter. Natixis Advisors LLC's holdings in Antero Midstream were worth $1,436,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Linden Thomas Advisory Services LLC acquired a new stake in shares of Antero Midstream during the 2nd quarter valued at $526,000. Van ECK Associates Corp boosted its stake in shares of Antero Midstream by 98.6% during the third quarter. Van ECK Associates Corp now owns 173,266 shares of the pipeline company's stock valued at $2,564,000 after purchasing an additional 86,001 shares in the last quarter. Cetera Advisors LLC boosted its stake in shares of Antero Midstream by 608.8% during the first quarter. Cetera Advisors LLC now owns 150,842 shares of the pipeline company's stock valued at $2,121,000 after purchasing an additional 129,561 shares in the last quarter. Westwood Holdings Group Inc. grew its holdings in shares of Antero Midstream by 5.8% during the second quarter. Westwood Holdings Group Inc. now owns 3,359,310 shares of the pipeline company's stock worth $49,516,000 after purchasing an additional 184,911 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC increased its stake in shares of Antero Midstream by 23.0% in the second quarter. Susquehanna Fundamental Investments LLC now owns 457,121 shares of the pipeline company's stock valued at $6,738,000 after buying an additional 85,416 shares during the period. Institutional investors own 53.97% of the company's stock.
Antero Midstream Trading Down 0.7 %
Antero Midstream stock traded down $0.10 during mid-day trading on Wednesday, hitting $15.77. 2,005,286 shares of the stock were exchanged, compared to its average volume of 2,676,758. The stock has a market capitalization of $7.59 billion, a price-to-earnings ratio of 19.62 and a beta of 2.35. Antero Midstream Co. has a 12 month low of $11.58 and a 12 month high of $15.90. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. The firm's fifty day simple moving average is $15.22 and its two-hundred day simple moving average is $14.78.
Antero Midstream Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, November 6th. Investors of record on Wednesday, October 23rd were issued a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, October 23rd. This represents a $0.90 annualized dividend and a yield of 5.71%. Antero Midstream's payout ratio is 111.11%.
Insider Buying and Selling at Antero Midstream
In other news, Director Brooks J. Klimley sold 10,000 shares of Antero Midstream stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $14.66, for a total value of $146,600.00. Following the completion of the sale, the director now owns 74,100 shares in the company, valued at $1,086,306. The trade was a 11.89 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.61% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on AM shares. StockNews.com lowered shares of Antero Midstream from a "buy" rating to a "hold" rating in a report on Monday, August 5th. Morgan Stanley lifted their target price on Antero Midstream from $15.00 to $16.00 and gave the stock an "underweight" rating in a report on Tuesday, August 27th.
Get Our Latest Stock Analysis on Antero Midstream
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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