Investors Purchase Large Volume of Put Options on Antero Midstream (NYSE:AM)

Antero Midstream Co. (NYSE:AM) was the recipient of some unusual options trading on Monday. Investors bought 9,113 put options on the company. This is an increase of 141% compared to the average volume of 3,775 put options.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Wells Fargo & Company raised their price objective 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. StockNews.com downgraded shares of Antero Midstream from a “buy” rating to a “hold” rating in a research note on Saturday, March 15th.

Antero Midstream Trading Up 1.0 %

Shares of AM stock opened at $17.99 on Tuesday. Antero Midstream has a 1-year low of $13.12 and a 1-year high of $18.11. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.47. The stock has a market cap of $8.61 billion, a price-to-earnings ratio of 21.67 and a beta of 2.33. The stock has a 50-day moving average of $16.55 and a 200-day moving average of $15.66.

Antero Midstream (NYSE:AM) last released its earnings results on Wednesday, February 12th. The pipeline company reported $0.23 earnings per share 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%. On average, equities research analysts forecast that Antero Midstream will post 0.95 earnings per share for the current year.

Antero Midstream Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Investors of record on Wednesday, January 29th were issued a $0.225 dividend. The ex-dividend date was Wednesday, January 29th. This represents a $0.90 annualized dividend and a yield of 5.00%. Antero Midstream’s payout ratio is 108.43%.

Institutional Trading of Antero Midstream

Institutional investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Antero Midstream by 7.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 23,434 shares of the pipeline company’s stock worth $354,000 after buying an additional 1,660 shares in the last quarter. Comprehensive Money Management Services LLC acquired a new position in shares of Antero Midstream during the 4th quarter valued at $229,000. Jefferies Financial Group Inc. acquired a new position in shares of Antero Midstream during the 4th quarter valued at $756,000. Forum Financial Management LP boosted its stake in Antero Midstream by 23.0% during the fourth quarter. Forum Financial Management LP now owns 18,833 shares of the pipeline company’s stock worth $284,000 after acquiring an additional 3,519 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Antero Midstream by 3.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 902,747 shares of the pipeline company’s stock worth $13,622,000 after purchasing an additional 32,713 shares during the period. Institutional investors own 53.97% of the company’s stock.

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.