Versor Investments LP Makes New Investment in Antero Midstream Co. (NYSE:AM)

Versor Investments LP bought a new position in shares of Antero Midstream Co. (NYSE:AM - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 45,300 shares of the pipeline company's stock, valued at approximately $684,000.

Several other large investors also recently modified their holdings of the business. Ashton Thomas Securities LLC bought a new position in Antero Midstream during the 3rd quarter worth about $38,000. Financial Management Professionals Inc. boosted its position in shares of Antero Midstream by 58.6% during the fourth quarter. Financial Management Professionals Inc. now owns 2,706 shares of the pipeline company's stock worth $41,000 after buying an additional 1,000 shares during the period. Blue Trust Inc. grew its holdings in shares of Antero Midstream by 149.4% during the third quarter. Blue Trust Inc. now owns 3,100 shares of the pipeline company's stock worth $46,000 after buying an additional 1,857 shares in the last quarter. Brooklyn Investment Group acquired a new stake in Antero Midstream in the 3rd quarter valued at approximately $48,000. Finally, GAMMA Investing LLC lifted its stake in Antero Midstream by 44.5% in the 4th quarter. GAMMA Investing LLC now owns 6,372 shares of the pipeline company's stock valued at $96,000 after acquiring an additional 1,962 shares in the last quarter. 53.97% of the stock is currently owned by institutional investors.

Antero Midstream Stock Up 0.6 %

Shares of Antero Midstream stock traded up $0.10 on Tuesday, reaching $16.90. 1,760,007 shares of the company were exchanged, compared to its average volume of 2,973,275. The company has a market capitalization of $8.09 billion, a price-to-earnings ratio of 20.46 and a beta of 2.31. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.47. Antero Midstream Co. has a one year low of $13.12 and a one year high of $17.19. The company has a 50-day moving average of $16.03 and a 200 day moving average of $15.40.

Antero Midstream (NYSE:AM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate 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, equities research analysts forecast that Antero Midstream Co. will post 0.95 earnings per share for the current year.

Antero Midstream Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Investors of record on Wednesday, January 29th were issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.33%. The ex-dividend date of this dividend was Wednesday, January 29th. Antero Midstream's payout ratio is currently 108.43%.

Wall Street Analyst Weigh In

AM has been the subject of several research reports. Wells Fargo & Company raised their price target 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 shares of Antero Midstream from a "hold" rating to a "buy" rating in a research note on Tuesday, February 4th.

Antero Midstream 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.