Quantbot Technologies LP Has $562,000 Stock Holdings in Antero Midstream Co. (NYSE:AM)

Quantbot Technologies LP lowered its stake in Antero Midstream Co. (NYSE:AM) by 68.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 37,373 shares of the pipeline company’s stock after selling 80,350 shares during the quarter. Quantbot Technologies LP’s holdings in Antero Midstream were worth $562,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Ashton Thomas Securities LLC bought a new stake in Antero Midstream in the third quarter valued at approximately $38,000. Blue Trust Inc. increased its position in shares of Antero Midstream by 149.4% in the 3rd quarter. Blue Trust Inc. now owns 3,100 shares of the pipeline company’s stock valued at $46,000 after buying an additional 1,857 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in Antero Midstream by 24.2% during the second quarter. First Horizon Advisors Inc. now owns 3,528 shares of the pipeline company’s stock worth $52,000 after acquiring an additional 688 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in Antero Midstream in the second quarter valued at about $55,000. Finally, CWM LLC increased its holdings in shares of Antero Midstream by 10.5% in the third quarter. CWM LLC now owns 8,115 shares of the pipeline company’s stock worth $122,000 after acquiring an additional 768 shares in the last quarter. 53.97% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Antero Midstream

In other news, Director Brooks J. Klimley sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $14.66, for a total value of $146,600.00. Following the completion of the transaction, the director now owns 74,100 shares in the company, valued at $1,086,306. This trade represents a 11.89 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.61% of the company’s stock.

Antero Midstream Stock Down 4.0 %

AM stock opened at $15.33 on Tuesday. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market capitalization of $7.38 billion, a P/E ratio of 18.93 and a beta of 2.35. Antero Midstream Co. has a fifty-two week low of $11.58 and a fifty-two week high of $16.00. The business has a 50-day moving average of $15.28 and a 200-day moving average of $14.81.

Antero Midstream Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Wednesday, October 23rd were given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 5.87%. The ex-dividend date of this dividend was Wednesday, October 23rd. Antero Midstream’s dividend payout ratio (DPR) is currently 111.11%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on AM shares. Morgan Stanley boosted their price objective on Antero Midstream from $15.00 to $16.00 and gave the company an “underweight” rating in a research report on Tuesday, August 27th. StockNews.com upgraded shares of Antero Midstream from a “hold” rating to a “buy” rating in a report on Thursday, November 28th.

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.