Moors & Cabot Inc. grew its position in Antero Midstream Co. (NYSE:AM – Get Rating) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,226 shares of the pipeline company’s stock after buying an additional 1,050 shares during the period. Moors & Cabot Inc.’s holdings in Antero Midstream were worth $251,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in the stock. Captrust Financial Advisors boosted its position in shares of Antero Midstream by 11.5% during the 1st quarter. Captrust Financial Advisors now owns 9,651 shares of the pipeline company’s stock worth $105,000 after purchasing an additional 994 shares during the period. American Financial Group Inc. raised its holdings in shares of Antero Midstream by 5.0% in the 3rd quarter. American Financial Group Inc. now owns 21,000 shares of the pipeline company’s stock valued at $193,000 after purchasing an additional 1,000 shares in the last quarter. PDT Partners LLC raised its holdings in shares of Antero Midstream by 9.7% in the 1st quarter. PDT Partners LLC now owns 13,600 shares of the pipeline company’s stock valued at $148,000 after purchasing an additional 1,200 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Antero Midstream by 5.1% in the 3rd quarter. Royal Bank of Canada now owns 28,252 shares of the pipeline company’s stock valued at $259,000 after purchasing an additional 1,371 shares in the last quarter. Finally, United Capital Financial Advisers LLC raised its holdings in shares of Antero Midstream by 1.5% in the 1st quarter. United Capital Financial Advisers LLC now owns 101,050 shares of the pipeline company’s stock valued at $1,098,000 after purchasing an additional 1,528 shares in the last quarter. Hedge funds and other institutional investors own 52.21% of the company’s stock.
Antero Midstream Stock Up 0.9 %
Shares of NYSE:AM opened at $10.69 on Monday. The company has a market cap of $5.13 billion, a price-to-earnings ratio of 15.49 and a beta of 2.36. The firm’s 50-day simple moving average is $10.35 and its 200-day simple moving average is $10.67. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.53. Antero Midstream Co. has a fifty-two week low of $8.56 and a fifty-two week high of $11.61.
Antero Midstream Announces Dividend
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on AM shares. UBS Group assumed coverage on shares of Antero Midstream in a report on Wednesday, May 10th. They issued a “buy” rating and a $14.00 price objective on the stock. StockNews.com began coverage on shares of Antero Midstream in a research note on Thursday. They issued a “hold” rating on the stock. Finally, Capital One Financial restated an “equal weight” rating on shares of Antero Midstream in a research note on Thursday, April 20th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Antero Midstream has a consensus rating of “Hold” and an average target price of $12.33.
Insider Buying and Selling
In related news, insider Michael N. Kennedy sold 300,000 shares of the business’s stock in a transaction dated Friday, May 5th. The shares were sold at an average price of $10.47, for a total transaction of $3,141,000.00. Following the sale, the insider now owns 1,060,730 shares of the company’s stock, valued at $11,105,843.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Antero Midstream news, insider Michael N. Kennedy sold 300,000 shares of Antero Midstream stock in a transaction dated Friday, May 5th. The shares were sold at an average price of $10.47, for a total transaction of $3,141,000.00. Following the completion of the transaction, the insider now owns 1,060,730 shares in the company, valued at $11,105,843.10. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David H. Keyte bought 10,000 shares of the business’s stock in a transaction on Wednesday, March 15th. The shares were acquired at an average price of $10.01 per share, with a total value of $100,100.00. Following the transaction, the director now owns 79,373 shares of the company’s stock, valued at approximately $794,523.73. The disclosure for this purchase can be found here. 0.80% of the stock is owned by insiders.
Antero Midstream Company Profile
Antero Midstream Corp. is a growth-oriented midstream energy company, which owns, operates, and develops midstream energy assets to service Antero Resources production and completion activity. It operates through the Gathering and Processing and Water Handling segments. The Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio.
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