Antero Midstream Co. (NYSE:AM) Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL cut its holdings in Antero Midstream Co. (NYSE:AM) by 11.0% during the fourth quarter, HoldingsChannel reports. The fund owned 968,910 shares of the pipeline company’s stock after selling 119,748 shares during the period. Tudor Investment Corp ET AL’s holdings in Antero Midstream were worth $14,621,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. 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 worth $41,000 after purchasing an additional 1,000 shares in the last quarter. TD Waterhouse Canada Inc. increased its holdings in Antero Midstream by 20.5% in the fourth quarter. TD Waterhouse Canada Inc. now owns 5,657 shares of the pipeline company’s stock valued at $85,000 after buying an additional 963 shares during the last quarter. Blue Trust Inc. increased its holdings in Antero Midstream by 84.3% in the fourth quarter. Blue Trust Inc. now owns 5,712 shares of the pipeline company’s stock valued at $86,000 after buying an additional 2,612 shares during the last quarter. Allworth Financial LP increased its holdings in Antero Midstream by 17.8% in the fourth 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 during the last quarter. Finally, GAMMA Investing LLC increased its holdings in Antero Midstream by 44.5% in the fourth 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 during the last quarter. 53.97% of the stock is currently owned by institutional investors and hedge funds.

Antero Midstream Trading Up 0.9 %

NYSE:AM opened at $17.03 on Tuesday. The stock’s 50 day simple moving average is $16.94 and its 200-day simple moving average is $16.02. Antero Midstream Co. has a 12-month low of $13.12 and a 12-month high of $18.49. The firm has a market cap of $8.15 billion, a P/E ratio of 20.52 and a beta of 1.99. 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 (NYSE:AM) last announced its quarterly earnings data 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 return on equity of 18.82% and a net margin of 36.24%. Equities analysts anticipate that Antero Midstream Co. will post 0.95 EPS for the current year.

Antero Midstream Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. StockNews.com raised Antero Midstream from a “hold” rating to a “buy” rating in a report on Thursday, April 3rd. Wells Fargo & Company raised their price objective on Antero Midstream from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th.

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.