Susquehanna Fundamental Investments LLC Makes New $5.63 Million Investment in Antero Midstream Co. (NYSE:AM)

Susquehanna Fundamental Investments LLC bought a new position in shares of Antero Midstream Co. (NYSE:AM - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 372,893 shares of the pipeline company's stock, valued at approximately $5,627,000. Susquehanna Fundamental Investments LLC owned 0.08% of Antero Midstream as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of AM. Financial Management Professionals Inc. boosted its position in shares of Antero Midstream by 58.6% during the 4th quarter. Financial Management Professionals Inc. now owns 2,706 shares of the pipeline company's stock worth $41,000 after acquiring an additional 1,000 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake 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 purchasing an additional 963 shares in the last quarter. Blue Trust Inc. increased its position in shares of Antero Midstream by 84.3% during the fourth quarter. Blue Trust Inc. now owns 5,712 shares of the pipeline company's stock worth $86,000 after acquiring an additional 2,612 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Antero Midstream by 44.5% during the 4th quarter. GAMMA Investing LLC now owns 6,372 shares of the pipeline company's stock worth $96,000 after buying an additional 1,962 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of Antero Midstream by 17.8% during the fourth quarter. Allworth Financial LP now owns 6,305 shares of the pipeline company's stock valued at $104,000 after acquiring an additional 951 shares during the last quarter. 53.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AM. Wells Fargo & Company boosted their price objective on Antero Midstream from $16.00 to $17.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th. StockNews.com upgraded Antero Midstream from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd.

Antero Midstream Stock Performance

Shares of AM stock traded down $0.40 during trading hours on Wednesday, reaching $16.52. 3,094,427 shares of the company traded hands, compared to its average volume of 2,933,880. Antero Midstream Co. has a 12-month low of $13.12 and a 12-month high of $18.49. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market cap of $7.91 billion, a P/E ratio of 19.90 and a beta of 1.99. The firm has a 50-day moving average price of $16.95 and a 200 day moving average price of $16.03.

Antero Midstream (NYSE:AM - Get Free Report) last released its earnings results on Wednesday, April 30th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.25. Antero Midstream had a net margin of 36.24% and a return on equity of 18.82%. During the same period last year, the firm posted $0.21 earnings per share. The firm's revenue for the quarter was up 4.3% compared to the same quarter last year. As a group, sell-side analysts predict that Antero Midstream Co. will post 0.95 earnings per share for the current fiscal year.

Antero Midstream Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Investors of record on Wednesday, April 23rd will be given a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 5.45%. The ex-dividend date of this dividend is Wednesday, April 23rd. Antero Midstream's payout ratio is 108.43%.

Antero Midstream 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.