XTX Topco Ltd increased its position in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 126.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,420 shares of the pipeline company's stock after acquiring an additional 21,432 shares during the period. XTX Topco Ltd's holdings in Antero Midstream were worth $580,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of AM. Stifel Financial Corp boosted its stake 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. World Investment Advisors LLC acquired a new position in Antero Midstream during the third quarter valued at approximately $680,000. JPMorgan Chase & Co. raised its position in shares of Antero Midstream by 12.0% in the third quarter. JPMorgan Chase & Co. now owns 1,906,052 shares of the pipeline company's stock valued at $28,686,000 after purchasing an additional 203,967 shares during the period. GAMMA Investing LLC raised its holdings in Antero Midstream by 44.5% in the 4th quarter. GAMMA Investing LLC now owns 6,372 shares of the pipeline company's stock worth $96,000 after acquiring an additional 1,962 shares during the period. Finally, Everence Capital Management Inc. acquired a new position in Antero Midstream during the 4th quarter worth $451,000. Hedge funds and other institutional investors own 53.97% of the company's stock.
Antero Midstream Trading Up 1.8 %
AM stock traded up $0.30 during trading on Thursday, hitting $16.97. The company had a trading volume of 1,393,746 shares, compared to its average volume of 2,941,015. The firm has a 50-day moving average price of $16.93 and a 200-day moving average price of $15.99. The stock has a market cap of $8.12 billion, a price-to-earnings ratio of 20.45 and a beta of 1.99. Antero Midstream Co. has a 12 month low of $13.12 and a 12 month high of $18.49. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.47.
Antero Midstream (NYSE:AM - Get Free Report) last announced 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 net margin of 36.24% and a return on equity of 18.82%. As a group, analysts predict that Antero Midstream Co. will post 0.95 earnings per share for the current year.
Antero Midstream Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd will be given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date is Wednesday, April 23rd. Antero Midstream's dividend payout ratio is presently 108.43%.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on AM shares. StockNews.com raised Antero Midstream from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. Wells Fargo & Company upped 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.
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About Antero Midstream
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Free Report)
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.
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