SBI Securities Co. Ltd. Makes New $226,000 Investment in Antero Midstream Co. (NYSE:AM)

SBI Securities Co. Ltd. bought a new position in Antero Midstream Co. (NYSE:AM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 14,974 shares of the pipeline company’s stock, valued at approximately $226,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in shares of Antero Midstream in the third quarter valued at about $38,000. Financial Management Professionals Inc. increased its stake in shares of Antero Midstream by 58.6% in the fourth quarter. Financial Management Professionals Inc. now owns 2,706 shares of the pipeline company’s stock valued at $41,000 after buying an additional 1,000 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Antero Midstream in the third quarter valued at about $48,000. Blue Trust Inc. increased 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 during the period. Finally, GAMMA Investing LLC increased its stake in shares of Antero Midstream by 44.5% in the fourth quarter. GAMMA Investing LLC now owns 6,372 shares of the pipeline company’s stock valued at $96,000 after buying an additional 1,962 shares during the period. Institutional investors and hedge funds own 53.97% of the company’s stock.

Wall Street Analysts Forecast Growth

AM has been the subject of several recent research reports. Wells Fargo & Company increased their price target on Antero Midstream from $16.00 to $17.00 and gave the company an “overweight” rating in a research note on Tuesday, February 18th. StockNews.com raised Antero Midstream from a “hold” rating to a “buy” rating in a research note on Tuesday, February 4th.

Antero Midstream Stock Up 1.4 %

Shares of Antero Midstream stock opened at $16.99 on Thursday. Antero Midstream Co. has a one year low of $13.12 and a one year high of $17.19. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.17 and a quick ratio of 1.17. The stock’s 50-day moving average is $16.06 and its 200 day moving average is $15.41. The firm has a market cap of $8.13 billion, a price-to-earnings ratio of 20.47 and a beta of 2.31.

Antero Midstream (NYSE:AM) last announced its earnings results 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 anticipate that Antero Midstream Co. will post 0.95 EPS for the current year.

Antero Midstream Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 12th. Shareholders of record on Wednesday, January 29th were issued a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.90 annualized dividend and a yield of 5.30%. Antero Midstream’s payout ratio is currently 108.43%.

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.