Antero Midstream (NYSE:AM) Sets New 12-Month High – Here’s Why

Antero Midstream Co. (NYSE:AM – Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $15.90 and last traded at $15.87, with a volume of 112734 shares changing hands. The stock had previously closed at $15.78. Analysts Set New Price Targets AM has been [...]

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Antero Midstream Co. ( NYSE:AM – Get Free Report ) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $15.

90 and last traded at $15.87, with a volume of 112734 shares changing hands. The stock had previously closed at $15.



78. Analysts Set New Price Targets 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 report on Monday, August 5th. Morgan Stanley upped their target price on shares of Antero Midstream from $15.00 to $16.

00 and gave the company an “underweight” rating in a research note on Tuesday, August 27th. Check Out Our Latest Report on Antero Midstream Antero Midstream Stock Down 0.1 % Antero Midstream Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Wednesday, November 6th.

Investors of record on Wednesday, October 23rd were given a $0.225 dividend. The ex-dividend date was Wednesday, October 23rd.

This represents a $0.90 annualized dividend and a yield of 5.71%.

Antero Midstream’s dividend payout ratio (DPR) is currently 111.11%. Insider Buying and Selling at Antero Midstream In other news, Director Brooks J.

Klimley sold 10,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 74,100 shares of the company’s stock, valued at approximately $1,086,306. This represents a 11.

89 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website . Insiders own 0.

61% of the company’s stock. Institutional Trading of Antero Midstream Large investors have recently bought and sold shares of the stock. Millennium Management LLC increased its holdings in shares of Antero Midstream by 314.

6% during the second quarter. Millennium Management LLC now owns 1,862,900 shares of the pipeline company’s stock worth $27,459,000 after buying an additional 1,413,606 shares in the last quarter. Westwood Holdings Group Inc.

increased its holdings in Antero Midstream by 46.6% during the 1st quarter. Westwood Holdings Group Inc.

now owns 3,174,399 shares of the pipeline company’s stock valued at $44,632,000 after purchasing an additional 1,008,515 shares in the last quarter. FMR LLC raised its position in Antero Midstream by 121.9% in the 3rd quarter.

FMR LLC now owns 1,092,755 shares of the pipeline company’s stock valued at $16,446,000 after purchasing an additional 600,208 shares during the last quarter. SIR Capital Management L.P.

acquired a new position in Antero Midstream in the second quarter worth $8,251,000. Finally, SG Americas Securities LLC grew its holdings in shares of Antero Midstream by 1,141.2% during the third quarter.

SG Americas Securities LLC now owns 470,743 shares of the pipeline company’s stock worth $7,085,000 after purchasing an additional 432,817 shares during the last quarter. 53.97% of the stock is currently owned by institutional investors.

About Antero Midstream ( Get Free Report ) 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.

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