Quantinno Capital Management LP Has $711,000 Stock Position in Antero Midstream Co. (NYSE:AM)

Quantinno Capital Management LP grew its position in shares of Antero Midstream Co. (NYSE:AM - Free Report) by 114.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,149 shares of the pipeline company's stock after acquiring an additional 25,150 shares during the quarter. Quantinno Capital Management LP's holdings in Antero Midstream were worth $711,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AM. Atomi Financial Group Inc. boosted its position in Antero Midstream by 7.9% during the 4th quarter. Atomi Financial Group Inc. now owns 33,787 shares of the pipeline company's stock worth $510,000 after acquiring an additional 2,465 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in shares of Antero Midstream by 22.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 928,015 shares of the pipeline company's stock valued at $14,004,000 after buying an additional 171,730 shares during the last quarter. First Citizens Bank & Trust Co. grew its stake in shares of Antero Midstream by 15.3% in the fourth quarter. First Citizens Bank & Trust Co. now owns 20,294 shares of the pipeline company's stock valued at $306,000 after buying an additional 2,689 shares in the last quarter. Blue Trust Inc. grew its stake in shares of Antero Midstream by 84.3% in the fourth quarter. Blue Trust Inc. now owns 5,712 shares of the pipeline company's stock valued at $86,000 after buying an additional 2,612 shares in the last quarter. Finally, KBC Group NV grew its stake 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 in the last quarter. Institutional investors and hedge funds own 53.97% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts 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 note on Thursday, April 3rd. Wells Fargo & Company raised their target price 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 Stock Up 1.8%

Shares of NYSE:AM traded up $0.34 during midday trading on Tuesday, hitting $18.99. The stock had a trading volume of 1,808,545 shares, compared to its average volume of 2,933,263. Antero Midstream Co. has a 12 month low of $13.12 and a 12 month high of $19.04. 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's 50-day simple moving average is $17.48 and its 200-day simple moving average is $16.46. The company has a market cap of $9.10 billion, a P/E ratio of 22.88 and a beta of 0.99.

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

Antero Midstream Announces Dividend

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

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.