Nomura Holdings Inc. Makes New Investment in Antero Midstream Co. (NYSE:AM)

Nomura Holdings Inc. purchased a new position in shares of Antero Midstream Co. (NYSE:AM - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 44,706 shares of the pipeline company's stock, valued at approximately $675,000.

Several other institutional investors have also made changes to their positions in the stock. TD Waterhouse Canada Inc. increased its position in Antero Midstream by 20.5% in the 4th quarter. TD Waterhouse Canada Inc. now owns 5,657 shares of the pipeline company's stock worth $85,000 after purchasing an additional 963 shares during the last quarter. Blue Trust Inc. increased its holdings in 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 buying an additional 2,612 shares during the last quarter. Allworth Financial LP increased its holdings in 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 buying an additional 951 shares during the last quarter. Brown Brothers Harriman & Co. bought a new position in Antero Midstream during the fourth quarter valued at approximately $119,000. Finally, Harvest Fund Management Co. Ltd lifted its stake in Antero Midstream by 5,787.1% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 8,242 shares of the pipeline company's stock valued at $124,000 after acquiring an additional 8,102 shares during the last quarter. 53.97% of the stock is currently owned by institutional investors and hedge funds.

Antero Midstream Stock Performance

AM stock traded up $0.15 during midday trading on Monday, hitting $18.65. 1,636,366 shares of the company traded hands, compared to its average volume of 2,937,780. Antero Midstream Co. has a twelve month low of $13.12 and a twelve month high of $19.04. The business has a 50 day simple moving average of $17.46 and a 200-day simple moving average of $16.43. 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 stock has a market capitalization of $8.94 billion, a price-to-earnings ratio of 22.46 and a beta of 0.99.

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

Antero Midstream Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd were given a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 4.83%. The ex-dividend date of this dividend was Wednesday, April 23rd. Antero Midstream's dividend payout ratio is currently 103.45%.

Analyst Ratings Changes

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

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.