Antero Midstream Co. (NYSE:AM) Shares Sold by NBW Capital LLC

NBW Capital LLC reduced its stake in Antero Midstream Co. (NYSE:AM) by 10.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 461,765 shares of the pipeline company’s stock after selling 55,809 shares during the period. Antero Midstream accounts for approximately 1.3% of NBW Capital LLC’s holdings, making the stock its 29th biggest position. NBW Capital LLC’s holdings in Antero Midstream were worth $6,968,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AM. Ashton Thomas Securities LLC acquired a new stake in Antero Midstream during the third quarter valued at approximately $38,000. Financial Management Professionals Inc. lifted its stake in Antero Midstream by 58.6% during the fourth quarter. Financial Management Professionals Inc. now owns 2,706 shares of the pipeline company’s stock valued at $41,000 after purchasing an additional 1,000 shares during the last quarter. Brooklyn Investment Group acquired a new stake in Antero Midstream during the third quarter valued at approximately $48,000. Blue Trust Inc. lifted its stake in Antero Midstream by 84.3% during the fourth quarter. Blue Trust Inc. now owns 5,712 shares of the pipeline company’s stock valued at $86,000 after purchasing an additional 2,612 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Antero Midstream by 44.5% during the fourth quarter. GAMMA Investing LLC now owns 6,372 shares of the pipeline company’s stock valued at $96,000 after purchasing an additional 1,962 shares during the last quarter. 53.97% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Antero Midstream from a “hold” rating to a “buy” rating in a report on Tuesday, February 4th. Wells Fargo & Company boosted their price target on shares of Antero Midstream from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th.

Antero Midstream Stock Down 1.1 %

AM stock opened at $16.77 on Tuesday. Antero Midstream Co. has a 52-week low of $13.12 and a 52-week high of $17.19. The company’s 50 day simple moving average is $16.03 and its 200-day simple moving average is $15.40. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a market capitalization of $8.03 billion, a P/E ratio of 20.21 and a beta of 2.31.

Antero Midstream (NYSE:AM) last released its quarterly earnings data 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%. As a group, equities research analysts anticipate that Antero Midstream Co. will post 0.95 EPS for the current year.

Antero Midstream Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were paid a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.90 annualized dividend and a yield of 5.37%. Antero Midstream’s dividend payout ratio is presently 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.