Vanguard Group Inc. Has $541.25 Million Position in Antero Midstream Co. (NYSE:AM)

Vanguard Group Inc. grew its position in Antero Midstream Co. (NYSE:AM - Free Report) by 0.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,868,153 shares of the pipeline company's stock after buying an additional 96,788 shares during the quarter. Vanguard Group Inc. owned 7.45% of Antero Midstream worth $541,250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Management Professionals Inc. boosted its stake in Antero Midstream by 58.6% in the fourth quarter. Financial Management Professionals Inc. now owns 2,706 shares of the pipeline company's stock valued at $41,000 after buying an additional 1,000 shares in the last quarter. Blue Trust Inc. boosted its position in Antero Midstream by 84.3% in the fourth quarter. Blue Trust Inc. now owns 5,712 shares of the pipeline company's stock valued at $86,000 after buying an additional 2,612 shares in the last quarter. Allworth Financial LP grew its stake in shares of Antero Midstream by 17.8% during the fourth quarter. Allworth Financial LP now owns 6,305 shares of the pipeline company's stock worth $104,000 after buying an additional 951 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Antero Midstream by 44.5% during the fourth quarter. GAMMA Investing LLC now owns 6,372 shares of the pipeline company's stock worth $96,000 after buying an additional 1,962 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd boosted its holdings in shares of Antero Midstream by 5,787.1% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 8,242 shares of the pipeline company's stock valued at $124,000 after acquiring an additional 8,102 shares in the last quarter. 53.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AM. StockNews.com raised Antero Midstream from a "hold" rating to a "buy" rating in a report on Thursday. Wells Fargo & Company upped their price objective on Antero Midstream from $16.00 to $17.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th.

Antero Midstream Trading Down 9.0 %

Shares of Antero Midstream stock traded down $1.63 during trading on Friday, hitting $16.35. The company's stock had a trading volume of 5,803,691 shares, compared to its average volume of 2,868,503. The stock has a market cap of $7.82 billion, a price-to-earnings ratio of 19.69 and a beta of 1.99. 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 Co. has a 52 week low of $13.12 and a 52 week high of $18.49. The stock has a 50-day moving average price of $16.82 and a two-hundred day moving average price of $15.86.

Antero Midstream (NYSE:AM - Get Free Report) last issued 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%. Equities research analysts anticipate that Antero Midstream Co. will post 0.95 EPS for the current fiscal year.

Antero Midstream Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were issued a dividend of $0.225 per share. The ex-dividend date was Wednesday, January 29th. This represents a $0.90 annualized dividend and a yield of 5.51%. Antero Midstream's payout ratio is 108.43%.

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.