Natixis Advisors LLC Boosts Position in Antero Midstream Co. (NYSE:AM)

Natixis Advisors LLC boosted its position in Antero Midstream Co. (NYSE:AM) by 15.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 110,411 shares of the pipeline company’s stock after purchasing an additional 14,971 shares during the period. Natixis Advisors LLC’s holdings in Antero Midstream were worth $1,666,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in AM. Financial Management Professionals Inc. increased its stake in shares of Antero Midstream by 58.6% in the 4th quarter. Financial Management Professionals Inc. now owns 2,706 shares of the pipeline company’s stock worth $41,000 after purchasing an additional 1,000 shares in the last quarter. Brooklyn Investment Group bought a new stake in Antero Midstream during the third quarter valued at about $48,000. Blue Trust Inc. raised its stake in shares of Antero Midstream by 84.3% in the fourth quarter. Blue Trust Inc. now owns 5,712 shares of the pipeline company’s stock worth $86,000 after buying an additional 2,612 shares during the period. GAMMA Investing LLC lifted its position in shares of Antero Midstream by 44.5% during the 4th quarter. GAMMA Investing LLC now owns 6,372 shares of the pipeline company’s stock valued at $96,000 after buying an additional 1,962 shares in the last quarter. Finally, Allworth Financial LP lifted its position in shares of Antero Midstream by 17.8% during the 4th quarter. Allworth Financial LP now owns 6,305 shares of the pipeline company’s stock valued at $104,000 after buying an additional 951 shares in the last quarter. 53.97% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on AM. StockNews.com cut shares of Antero Midstream from a “buy” rating to a “hold” rating in a research note on Saturday, March 15th. 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 research report on Tuesday, February 18th.

Antero Midstream Stock Up 1.0 %

Shares of AM opened at $17.99 on Tuesday. The business’s 50 day moving average is $16.55 and its 200 day moving average is $15.66. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.47. Antero Midstream Co. has a 12-month low of $13.12 and a 12-month high of $18.11. The company has a market capitalization of $8.61 billion, a PE ratio of 21.67 and a beta of 2.33.

Antero Midstream (NYSE:AM) last released its earnings results on Wednesday, February 12th. The pipeline company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.01). Antero Midstream had a return on equity of 18.82% and a net margin of 36.24%. Research analysts expect that Antero Midstream Co. will post 0.95 earnings per share for the current fiscal year.

Antero Midstream Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Stockholders 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 dividend yield of 5.00%. Antero Midstream’s dividend payout ratio (DPR) is 108.43%.

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.