Antero Midstream Target of Unusually Large Options Trading (NYSE:AM)

Antero Midstream Co. (NYSE:AM - Get Free Report) was the target of unusually large options trading on Monday. Stock investors acquired 9,113 put options on the company. This represents an increase of approximately 141% compared to the typical daily volume of 3,775 put options.

Institutional Trading of Antero Midstream

A number of large investors have recently made changes to their positions in the company. Hancock Whitney Corp increased its position in shares of Antero Midstream by 1.5% in the 4th quarter. Hancock Whitney Corp now owns 43,085 shares of the pipeline company's stock valued at $650,000 after purchasing an additional 624 shares during the last quarter. Birch Capital Management LLC lifted its holdings in Antero Midstream by 1.8% during 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 during the last quarter. Stifel Financial Corp boosted its position in shares of Antero Midstream by 0.8% during the 3rd quarter. Stifel Financial Corp now owns 83,452 shares of the pipeline company's stock worth $1,256,000 after acquiring an additional 685 shares in the last quarter. KPP Advisory Services LLC increased its holdings in shares of Antero Midstream by 3.0% in the 4th quarter. KPP Advisory Services LLC now owns 23,893 shares of the pipeline company's stock valued at $361,000 after acquiring an additional 700 shares during the last quarter. Finally, Coldstream Capital Management Inc. raised its position in shares of Antero Midstream by 6.1% during the 3rd quarter. Coldstream Capital Management Inc. now owns 12,263 shares of the pipeline company's stock worth $185,000 after acquiring an additional 705 shares in the last quarter. 53.97% of the stock is currently owned by hedge funds and other institutional investors.

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Antero Midstream Trading Down 0.2 %

Shares of AM stock traded down $0.04 on Friday, hitting $17.88. The stock had a trading volume of 504,121 shares, compared to its average volume of 3,543,600. The company's 50 day moving average price is $16.66 and its 200-day moving average price is $15.72. Antero Midstream has a 1 year low of $13.12 and a 1 year high of $18.30. The firm has a market capitalization of $8.56 billion, a P/E ratio of 21.54 and a beta of 2.33. 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 (NYSE:AM - Get Free Report) last released its earnings results on Wednesday, February 12th. The pipeline company reported $0.23 earnings per share (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%. Analysts anticipate that Antero Midstream will post 0.95 earnings per share for the current year.

Antero Midstream Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders of record on Wednesday, January 29th were paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 5.03%. The ex-dividend date was Wednesday, January 29th. Antero Midstream's payout ratio is presently 108.43%.

Analyst Ratings Changes

Several analysts have weighed in on the company. StockNews.com downgraded Antero Midstream from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Wells Fargo & Company upped their target price on shares of Antero Midstream from $16.00 to $17.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th.

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.