Tudor Investment Corp ET AL Sells 119,748 Shares of Antero Midstream Co. (NYSE:AM)

Tudor Investment Corp ET AL cut its stake in Antero Midstream Co. (NYSE:AM) by 11.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 968,910 shares of the pipeline company’s stock after selling 119,748 shares during the quarter. Tudor Investment Corp ET AL owned about 0.20% of Antero Midstream worth $14,621,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Hancock Whitney Corp lifted its position in shares of Antero Midstream by 1.5% during the fourth quarter. Hancock Whitney Corp now owns 43,085 shares of the pipeline company’s stock worth $650,000 after purchasing an additional 624 shares during the last quarter. Birch Capital Management LLC lifted its position in shares of Antero Midstream by 1.8% during the fourth quarter. Birch Capital Management LLC now owns 37,482 shares of the pipeline company’s stock worth $566,000 after purchasing an additional 655 shares during the last quarter. KPP Advisory Services LLC lifted its position in shares of Antero Midstream by 3.0% during the fourth quarter. KPP Advisory Services LLC now owns 23,893 shares of the pipeline company’s stock worth $361,000 after purchasing an additional 700 shares during the last quarter. CIBC Asset Management Inc increased its stake in shares of Antero Midstream by 5.1% during the fourth quarter. CIBC Asset Management Inc now owns 15,050 shares of the pipeline company’s stock valued at $227,000 after buying an additional 724 shares during the period. Finally, Metis Global Partners LLC raised its holdings in shares of Antero Midstream by 4.3% in the fourth quarter. Metis Global Partners LLC now owns 19,773 shares of the pipeline company’s stock valued at $298,000 after acquiring an additional 821 shares in the last quarter. 53.97% of the stock is currently owned by institutional investors.

Antero Midstream Trading Up 0.9 %

NYSE AM opened at $17.03 on Tuesday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.47. The firm has a market cap of $8.15 billion, a PE ratio of 20.52 and a beta of 1.99. The company has a 50 day moving average price of $16.94 and a 200 day moving average price of $16.02. Antero Midstream Co. has a 52 week low of $13.12 and a 52 week high of $18.49.

Antero Midstream (NYSE:AM) last issued its quarterly 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 net margin of 36.24% and a return on equity of 18.82%. As a group, sell-side analysts forecast that Antero Midstream Co. will post 0.95 EPS for the current fiscal year.

Antero Midstream Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 5.28%. The ex-dividend date of this dividend is Wednesday, April 23rd. Antero Midstream’s payout ratio is 108.43%.

Wall Street Analysts Forecast Growth

AM has been the topic of a number of research reports. Wells Fargo & Company raised their target price on shares of Antero Midstream from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Tuesday, February 18th. StockNews.com upgraded shares of Antero Midstream from a “hold” rating to a “buy” rating in a report on Thursday, April 3rd.

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.