Natixis Advisors LLC Buys 44,993 Shares of Antero Midstream Co. (NYSE:AM)

Natixis Advisors LLC boosted its stake in shares of Antero Midstream Co. (NYSE:AM) by 89.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,440 shares of the pipeline company’s stock after purchasing an additional 44,993 shares during the quarter. Natixis Advisors LLC’s holdings in Antero Midstream were worth $1,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AM. Empowered Funds LLC boosted its holdings in Antero Midstream by 89.1% in the third quarter. Empowered Funds LLC now owns 40,388 shares of the pipeline company’s stock worth $608,000 after acquiring an additional 19,027 shares in the last quarter. ING Groep NV purchased a new stake in Antero Midstream during the 3rd quarter worth approximately $1,108,000. Metis Global Partners LLC increased its stake in Antero Midstream by 33.5% during the 3rd quarter. Metis Global Partners LLC now owns 18,952 shares of the pipeline company’s stock valued at $285,000 after purchasing an additional 4,754 shares in the last quarter. KBC Group NV raised its holdings in shares of Antero Midstream by 36.2% in the third quarter. KBC Group NV now owns 13,017 shares of the pipeline company’s stock worth $196,000 after buying an additional 3,460 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in shares of Antero Midstream by 74.5% during the third quarter. Oppenheimer & Co. Inc. now owns 686,933 shares of the pipeline company’s stock worth $10,338,000 after buying an additional 293,238 shares during the period. Hedge funds and other institutional investors own 53.97% of the company’s stock.

Insider Buying and Selling at Antero Midstream

In other news, Director Brooks J. Klimley sold 10,000 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $14.66, for a total value of $146,600.00. Following the sale, the director now directly owns 74,100 shares in the company, valued at approximately $1,086,306. This trade represents a 11.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.61% of the stock is currently owned by company insiders.

Antero Midstream Trading Up 1.2 %

AM stock opened at $15.87 on Wednesday. The business’s 50-day moving average is $15.20 and its 200 day moving average is $14.77. Antero Midstream Co. has a 12-month low of $11.58 and a 12-month high of $15.90. The stock has a market cap of $7.64 billion, a price-to-earnings ratio of 19.59 and a beta of 2.35. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.49.

Antero Midstream Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Wednesday, October 23rd were paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date of this dividend was Wednesday, October 23rd. Antero Midstream’s dividend payout ratio (DPR) is presently 111.11%.

Wall Street Analysts Forecast Growth

AM has been the subject of a number of research analyst reports. StockNews.com lowered Antero Midstream from a “buy” rating to a “hold” rating in a research note on Monday, August 5th. Morgan Stanley raised their price objective on Antero Midstream from $15.00 to $16.00 and gave the stock an “underweight” rating in a research note on Tuesday, August 27th.

About Antero Midstream

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.