Sei Investments Co. Has $514,000 Stock Holdings in Antero Midstream Co. (NYSE:AM)

Sei Investments Co. reduced its position in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 41.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,058 shares of the pipeline company's stock after selling 24,179 shares during the period. Sei Investments Co.'s holdings in Antero Midstream were worth $514,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of Antero Midstream by 121.9% during the third quarter. FMR LLC now owns 1,092,755 shares of the pipeline company's stock valued at $16,446,000 after acquiring an additional 600,208 shares during the period. Jennison Associates LLC boosted its position in Antero Midstream by 128.0% during the 4th quarter. Jennison Associates LLC now owns 1,031,526 shares of the pipeline company's stock worth $15,566,000 after acquiring an additional 579,191 shares during the period. Columbus Macro LLC acquired a new position in Antero Midstream in the 4th quarter valued at approximately $6,977,000. Raymond James Financial Inc. acquired a new position in shares of Antero Midstream in the fourth quarter worth $5,722,000. Finally, Geode Capital Management LLC increased its position in Antero Midstream by 4.3% in the 3rd quarter. Geode Capital Management LLC now owns 6,081,501 shares of the pipeline company's stock worth $91,549,000 after purchasing an additional 251,987 shares during the last quarter. 53.97% of the stock is owned by hedge funds and other institutional investors.

Antero Midstream Trading Up 1.7 %

Antero Midstream stock traded up $0.29 during trading hours on Tuesday, reaching $16.82. 172,926 shares of the company's stock traded hands, compared to its average volume of 2,930,782. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of 20.26 and a beta of 1.99. The firm's 50 day moving average is $16.84 and its 200-day moving average is $15.93. Antero Midstream Co. has a fifty-two week low of $13.12 and a fifty-two week high of $18.49.

Antero Midstream (NYSE:AM - Get Free Report) last announced its quarterly earnings data 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%. On average, analysts predict that Antero Midstream Co. will post 0.95 earnings per share for the current year.

Antero Midstream Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd will be given 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 dividend yield of 5.35%. Antero Midstream's dividend payout ratio is 108.43%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of Antero Midstream from $16.00 to $17.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 18th. StockNews.com upgraded Antero Midstream from a "hold" rating to a "buy" rating in a research note on Thursday, April 3rd.

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.