Signaturefd LLC Has $315,000 Stock Position in Antero Midstream Co. (NYSE:AM)

Signaturefd LLC cut its stake in shares of Antero Midstream Co. (NYSE:AM) by 19.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,907 shares of the pipeline company’s stock after selling 4,889 shares during the period. Signaturefd LLC’s holdings in Antero Midstream were worth $315,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. State Street Corp boosted its holdings in shares of Antero Midstream by 1.5% in the 3rd quarter. State Street Corp now owns 11,086,787 shares of the pipeline company’s stock valued at $166,856,000 after buying an additional 160,593 shares during the last quarter. Geode Capital Management LLC lifted its stake in Antero Midstream by 4.3% in the 3rd quarter. Geode Capital Management LLC now owns 6,081,501 shares of the pipeline company’s stock valued at $91,549,000 after purchasing an additional 251,987 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Antero Midstream by 1.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,828,315 shares of the pipeline company’s stock worth $57,769,000 after purchasing an additional 37,787 shares during the period. JPMorgan Chase & Co. increased its position in Antero Midstream by 12.0% during the third quarter. JPMorgan Chase & Co. now owns 1,906,052 shares of the pipeline company’s stock worth $28,686,000 after buying an additional 203,967 shares during the last quarter. Finally, FMR LLC raised its stake in Antero Midstream by 121.9% in the third quarter. FMR LLC now owns 1,092,755 shares of the pipeline company’s stock valued at $16,446,000 after buying an additional 600,208 shares during the period. 53.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. StockNews.com lowered Antero Midstream from a “buy” rating to a “hold” rating in a report on Saturday, March 15th. Wells Fargo & Company upped 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.

Antero Midstream Stock Performance

Shares of NYSE:AM opened at $17.79 on Friday. The company has a quick ratio of 1.17, a current 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 $17.98. The company’s 50 day moving average price is $16.51 and its two-hundred day moving average price is $15.62. The firm has a market cap of $8.51 billion, a PE ratio of 21.43 and a beta of 2.33.

Antero Midstream (NYSE:AM) last posted its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.23 EPS 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 research analysts predict that Antero Midstream Co. will post 0.95 earnings per share for the current year.

Antero Midstream Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were paid a dividend of $0.225 per share. The ex-dividend date was Wednesday, January 29th. This represents a $0.90 dividend on an annualized basis and a yield of 5.06%. Antero Midstream’s payout ratio is 108.43%.

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.