Antero Midstream Co. (NYSE:AM) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its position in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 74.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 686,933 shares of the pipeline company's stock after buying an additional 293,238 shares during the quarter. Oppenheimer & Co. Inc. owned 0.14% of Antero Midstream worth $10,338,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. First Horizon Advisors Inc. raised its holdings in shares of Antero Midstream by 24.2% in the second quarter. First Horizon Advisors Inc. now owns 3,528 shares of the pipeline company's stock valued at $52,000 after acquiring an additional 688 shares in the last quarter. Wedmont Private Capital raised its holdings in shares of Antero Midstream by 4.7% in the third quarter. Wedmont Private Capital now owns 16,862 shares of the pipeline company's stock valued at $264,000 after acquiring an additional 759 shares in the last quarter. CWM LLC raised its holdings in shares of Antero Midstream by 10.5% in the third quarter. CWM LLC now owns 8,115 shares of the pipeline company's stock valued at $122,000 after acquiring an additional 768 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Antero Midstream by 1.0% in the second quarter. Nations Financial Group Inc. IA ADV now owns 78,573 shares of the pipeline company's stock valued at $1,158,000 after acquiring an additional 798 shares in the last quarter. Finally, Abich Financial Wealth Management LLC raised its holdings in shares of Antero Midstream by 21.9% in the third quarter. Abich Financial Wealth Management LLC now owns 4,545 shares of the pipeline company's stock valued at $68,000 after acquiring an additional 818 shares in the last quarter. 53.97% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on AM shares. StockNews.com downgraded 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 company an "underweight" rating in a research note on Tuesday, August 27th.

Insider Transactions at Antero Midstream

In related news, insider Sheri Pearce sold 23,518 shares of the company's stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $14.59, for a total value of $343,127.62. Following the sale, the insider now owns 130,349 shares in the company, valued at $1,901,791.91. This represents a 15.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Brooks J. Klimley sold 10,000 shares of the company's stock in a transaction that occurred 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 approximately $1,086,306. This represents a 11.89 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company's stock.

Antero Midstream Stock Up 0.4 %

Shares of AM stock traded up $0.06 during trading hours on Thursday, reaching $15.10. 1,892,410 shares of the company's stock were exchanged, compared to its average volume of 2,669,377. Antero Midstream Co. has a 1 year low of $11.58 and a 1 year high of $15.87. The stock has a market cap of $7.27 billion, a PE ratio of 18.64 and a beta of 2.35. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.49. The stock's fifty day moving average price is $15.04 and its two-hundred day moving average price is $14.69.

Antero Midstream Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Wednesday, October 23rd were paid a dividend of $0.225 per share. The ex-dividend date of this dividend was Wednesday, October 23rd. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.96%. Antero Midstream's payout ratio is 111.11%.

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.