Antero Midstream Co. (NYSE:AM) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG lifted its holdings in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 16.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 182,608 shares of the pipeline company's stock after buying an additional 25,670 shares during the period. Deutsche Bank AG's holdings in Antero Midstream were worth $2,756,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Antero Midstream by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 35,868,153 shares of the pipeline company's stock valued at $541,250,000 after purchasing an additional 96,788 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Antero Midstream by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 9,112,929 shares of the pipeline company's stock valued at $137,516,000 after purchasing an additional 71,361 shares during the period. Tortoise Capital Advisors L.L.C. grew its position in Antero Midstream by 2.0% during the fourth quarter. Tortoise Capital Advisors L.L.C. now owns 7,069,598 shares of the pipeline company's stock worth $106,680,000 after buying an additional 135,886 shares during the period. Geode Capital Management LLC increased its holdings in Antero Midstream by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 6,106,502 shares of the pipeline company's stock valued at $92,174,000 after buying an additional 25,001 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Antero Midstream during the 4th quarter valued at approximately $62,578,000. Institutional investors and hedge funds own 53.97% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on the company. Wall Street Zen upgraded Antero Midstream from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. Wells Fargo & Company increased their price objective on shares of Antero Midstream from $16.00 to $17.00 and gave the company an "overweight" rating in a research note on Tuesday, February 18th.

Antero Midstream Price Performance

Shares of AM traded up $0.34 during mid-day trading on Tuesday, reaching $18.99. 1,808,545 shares of the company's stock were exchanged, compared to its average volume of 2,933,263. 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 52-week low of $13.12 and a 52-week high of $19.04. The company has a market cap of $9.10 billion, a price-to-earnings ratio of 22.88 and a beta of 0.99. The company has a 50-day simple moving average of $17.50 and a two-hundred day simple moving average of $16.47.

Antero Midstream (NYSE:AM - Get Free Report) last announced its earnings results on Wednesday, April 30th. The pipeline company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.02. Antero Midstream had a return on equity of 18.82% and a net margin of 36.24%. The firm had revenue of $291.13 million for the quarter, compared to analysts' expectations of $277.79 million. During the same quarter in the prior year, the firm earned $0.21 EPS. Antero Midstream's quarterly revenue was up 4.3% on a year-over-year basis. On average, sell-side analysts predict that Antero Midstream Co. will post 0.95 EPS for the current fiscal year.

Antero Midstream Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Investors of record on Wednesday, April 23rd were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date of this dividend was Wednesday, April 23rd. Antero Midstream's dividend payout ratio is presently 103.45%.

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.