Jefferies Financial Group Inc. Acquires New Holdings in Antero Midstream Co. (NYSE:AM)

Jefferies Financial Group Inc. bought a new position in shares of Antero Midstream Co. (NYSE:AM - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 50,073 shares of the pipeline company's stock, valued at approximately $756,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AM. Blue Trust Inc. raised its position in 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 during the last quarter. KBC Group NV raised its position in shares of Antero Midstream by 14.2% in the fourth quarter. KBC Group NV now owns 14,871 shares of the pipeline company's stock valued at $224,000 after buying an additional 1,854 shares during the last quarter. SeaBridge Investment Advisors LLC raised its position in shares of Antero Midstream by 0.7% in the fourth quarter. SeaBridge Investment Advisors LLC now owns 134,819 shares of the pipeline company's stock valued at $2,034,000 after buying an additional 878 shares during the last quarter. KPP Advisory Services LLC raised its position in shares of Antero Midstream by 3.0% in the fourth quarter. KPP Advisory Services LLC now owns 23,893 shares of the pipeline company's stock valued at $361,000 after buying an additional 700 shares during the last quarter. Finally, Jennison Associates LLC raised its position in shares of Antero Midstream by 128.0% in the fourth quarter. Jennison Associates LLC now owns 1,031,526 shares of the pipeline company's stock valued at $15,566,000 after buying an additional 579,191 shares during the last quarter. Institutional investors and hedge funds own 53.97% of the company's stock.

Antero Midstream Trading Down 0.5%

Shares of Antero Midstream stock traded down $0.09 during trading hours on Friday, hitting $18.77. The company's stock had a trading volume of 3,362,863 shares, compared to its average volume of 2,927,985. Antero Midstream Co. has a 1-year low of $13.12 and a 1-year high of $19.06. The company has a market capitalization of $8.99 billion, a PE ratio of 22.61 and a beta of 0.99. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.47. The business has a fifty day moving average of $17.56 and a 200 day moving average of $16.55.

Antero Midstream (NYSE:AM - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The pipeline company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The company had revenue of $291.13 million for the quarter, compared to analyst estimates of $277.79 million. Antero Midstream had a return on equity of 18.82% and a net margin of 36.24%. The firm's revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company posted $0.21 earnings per share. As a group, equities analysts forecast that Antero Midstream Co. will post 0.95 EPS for the current year.

Antero Midstream Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd were paid a dividend of $0.225 per share. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a $0.90 dividend on an annualized basis and a yield of 4.79%. Antero Midstream's dividend payout ratio (DPR) is 103.45%.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at Antero Midstream

In other news, Director Brooks J. Klimley sold 5,000 shares of the firm's stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $18.88, for a total value of $94,400.00. Following the transaction, the director now directly owns 73,645 shares in the company, valued at approximately $1,390,417.60. This trade represents a 6.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.61% of the stock is currently owned by insiders.

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.