19 hours Ago By Defense World Staff
Steward Partners Investment Advisory LLC boosted its holdings in shares of Antero Midstream Co. ( NYSE:AM – Free Report ) by 67.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The firm owned 61,451 shares of the pipeline company’s stock after buying an additional 24,840 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Antero Midstream were worth $927,000 at the end of the most recent quarter. Other large investors also recently added to or reduced their stakes in the company.
Ashton Thomas Securities LLC bought a new stake in Antero Midstream during the third quarter valued at approximately $38,000. Financial Management Professionals Inc. boosted its position in shares of Antero Midstream by 58.
6% in 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 during the period.
Brooklyn Investment Group bought a new position in shares of Antero Midstream in the third quarter worth approximately $48,000. Blue Trust Inc. boosted its position 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 purchasing an additional 2,612 shares during the period.
Finally, Allworth Financial LP boosted its position in shares of Antero Midstream by 17.8% in the fourth quarter. Allworth Financial LP now owns 6,305 shares of the pipeline company’s stock worth $104,000 after purchasing an additional 951 shares during the period.
53.97% of the stock is currently owned by institutional investors. Analyst Ratings Changes A number of equities analysts have weighed in on AM shares.
Wells Fargo & Company upped their price target on shares of Antero Midstream from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 18th.
StockNews.com lowered shares of Antero Midstream from a “buy” rating to a “hold” rating in a research report on Thursday, March 6th. Antero Midstream Price Performance Shares of NYSE:AM opened at $16.
73 on Tuesday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.
17 and a current ratio of 1.17. The firm has a fifty day moving average price of $16.
17 and a 200 day moving average price of $15.47. Antero Midstream Co.
has a fifty-two week low of $13.12 and a fifty-two week high of $17.19.
The firm has a market cap of $8.00 billion, a price-to-earnings ratio of 20.15 and a beta of 2.
33. Antero Midstream ( NYSE:AM – Get Free Report ) last issued 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 return on equity of 18.82% and a net margin of 36.24%.
As a group, sell-side analysts expect that Antero Midstream Co. will post 0.95 earnings per share for the current fiscal year.
Antero Midstream Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Wednesday, February 12th. Investors of record on Wednesday, January 29th were given 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 dividend yield of 5.
38%. Antero Midstream’s dividend payout ratio is 108.43%.
Antero Midstream Profile ( 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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