Coldstream Capital Management Inc. Increases Holdings in Antero Midstream Co. (NYSE:AM)

Coldstream Capital Management Inc. boosted its position in Antero Midstream Co. (NYSE:AM) by 6.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,263 shares of the pipeline company’s stock after buying an additional 705 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Antero Midstream were worth $185,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Ashton Thomas Securities LLC bought a new position in shares of Antero Midstream during the 3rd quarter valued at $38,000. Blue Trust Inc. boosted its position in Antero Midstream by 149.4% during the third 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 during the period. Brooklyn Investment Group purchased a new stake in Antero Midstream during the third quarter valued at about $48,000. First Horizon Advisors Inc. grew its stake in shares of Antero Midstream by 24.2% during the second quarter. First Horizon Advisors Inc. now owns 3,528 shares of the pipeline company’s stock valued at $52,000 after buying an additional 688 shares during the last quarter. Finally, Abich Financial Wealth Management LLC bought a new stake in shares of Antero Midstream in the 2nd quarter valued at about $55,000. 53.97% of the stock is currently owned by institutional investors.

Antero Midstream Stock Performance

Antero Midstream stock opened at $14.78 on Wednesday. Antero Midstream Co. has a 1-year low of $11.58 and a 1-year high of $16.00. The firm has a market cap of $7.11 billion, a P/E ratio of 18.25 and a beta of 2.39. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.49. The firm has a 50-day moving average of $15.24 and a 200-day moving average of $14.85.

Antero Midstream Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Wednesday, October 23rd were given a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, October 23rd. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.09%. Antero Midstream’s dividend payout ratio is currently 111.11%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Morgan Stanley raised their price target on Antero Midstream from $15.00 to $16.00 and gave the stock 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 Wednesday, December 11th.

Insider Activity

In other news, Director Brooks J. Klimley sold 10,000 shares of Antero Midstream stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $14.66, for a total transaction of $146,600.00. Following the sale, the director now owns 74,100 shares of the company’s stock, valued at approximately $1,086,306. The trade was a 11.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.61% of the company’s stock.

Antero Midstream Company 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.