Antero Midstream Co. (NYSE:AM) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its holdings in shares of Antero Midstream Co. (NYSE:AM) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,828,315 shares of the pipeline company’s stock after acquiring an additional 37,787 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.80% of Antero Midstream worth $57,769,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Birch Capital Management LLC boosted its position in shares of Antero Midstream by 1.8% during the 4th quarter. Birch Capital Management LLC now owns 37,482 shares of the pipeline company’s stock worth $566,000 after acquiring an additional 655 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of Antero Midstream by 0.8% in the 3rd quarter. Stifel Financial Corp now owns 83,452 shares of the pipeline company’s stock valued at $1,256,000 after purchasing an additional 685 shares during the last quarter. KPP Advisory Services LLC lifted its holdings in shares of Antero Midstream by 3.0% in the 4th quarter. KPP Advisory Services LLC now owns 23,893 shares of the pipeline company’s stock valued at $361,000 after purchasing an additional 700 shares during the last quarter. Coldstream Capital Management Inc. lifted its holdings in shares of Antero Midstream by 6.1% in the 3rd quarter. Coldstream Capital Management Inc. now owns 12,263 shares of the pipeline company’s stock valued at $185,000 after purchasing an additional 705 shares during the last quarter. Finally, CIBC Asset Management Inc lifted its holdings in shares of Antero Midstream by 5.1% in the 4th quarter. CIBC Asset Management Inc now owns 15,050 shares of the pipeline company’s stock valued at $227,000 after purchasing an additional 724 shares during the last quarter. 53.97% of the stock is owned by institutional investors and hedge funds.

Antero Midstream Stock Up 0.6 %

Antero Midstream stock opened at $16.96 on Thursday. The stock has a 50-day simple moving average of $16.25 and a 200-day simple moving average of $15.50. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.17 and a current ratio of 1.17. The company has a market capitalization of $8.12 billion, a P/E ratio of 20.43 and a beta of 2.32. Antero Midstream Co. has a fifty-two week low of $13.12 and a fifty-two week high of $17.19.

Antero Midstream (NYSE:AM) last posted its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.01). Antero Midstream had a net margin of 36.24% and a return on equity of 18.82%. Equities research analysts expect that Antero Midstream Co. will post 0.95 earnings per share for the current year.

Antero Midstream Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 5.31%. The ex-dividend date was Wednesday, January 29th. Antero Midstream’s dividend payout ratio is presently 108.43%.

Wall Street Analysts Forecast Growth

AM has been the subject of several research reports. StockNews.com downgraded Antero Midstream from a “buy” rating to a “hold” rating in a report on Thursday, March 6th. Wells Fargo & Company boosted their target price on Antero Midstream from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Tuesday, February 18th.

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.