Renaissance Technologies LLC cut its position in Antero Midstream Partners LP (NYSE:AM) by 88.9% during the first quarter, according to its most recent disclosure with the SEC. The firm owned 35,285 shares of the pipeline company’s stock after selling 282,000 shares during the period. Renaissance Technologies LLC’s holdings in Antero Midstream Partners were worth $1,170,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of AM. Neuberger Berman Group LLC raised its position in Antero Midstream Partners by 2.3% in the first quarter. Neuberger Berman Group LLC now owns 5,301,914 shares of the pipeline company’s stock worth $175,811,000 after buying an additional 119,171 shares during the period. Kayne Anderson Capital Advisors LP raised its position in Antero Midstream Partners by 30.7% in the first quarter. Kayne Anderson Capital Advisors LP now owns 2,969,700 shares of the pipeline company’s stock worth $98,460,000 after buying an additional 697,000 shares during the last quarter. OppenheimerFunds Inc. raised its position in Antero Midstream Partners by 50.3% in the first quarter. OppenheimerFunds Inc. now owns 1,921,960 shares of the pipeline company’s stock worth $63,732,000 after buying an additional 643,340 shares during the last quarter. Atlantic Trust Group LLC raised its position in Antero Midstream Partners by 33.9% in the first quarter. Atlantic Trust Group LLC now owns 1,581,678 shares of the pipeline company’s stock worth $52,448,000 after buying an additional 400,139 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in Antero Midstream Partners by 26.8% in the first quarter. JPMorgan Chase & Co. now owns 1,526,482 shares of the pipeline company’s stock worth $50,618,000 after buying an additional 322,457 shares during the last quarter. Institutional investors and hedge funds own 46.80% of the company’s stock.

Antero Midstream Partners LP (NYSE:AM) traded up 1.28% during mid-day trading on Friday, hitting $32.41. 35,652 shares of the stock were exchanged. Antero Midstream Partners LP has a 52-week low of $24.61 and a 52-week high of $35.74. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of 22.02 and a beta of 1.96. The stock has a 50 day moving average of $33.12 and a 200-day moving average of $33.60.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 16th. Stockholders of record on Thursday, August 3rd were issued a $0.32 dividend. The ex-dividend date of this dividend was Tuesday, August 1st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.00%. This is an increase from Antero Midstream Partners’s previous quarterly dividend of $0.30. Antero Midstream Partners’s dividend payout ratio is presently 86.49%.

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A number of analysts recently issued reports on AM shares. BidaskClub upgraded shares of Antero Midstream Partners from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) started coverage on shares of Antero Midstream Partners in a report on Monday, May 29th. They set a “buy” rating and a $45.00 price objective for the company. Zacks Investment Research upgraded shares of Antero Midstream Partners from a “sell” rating to a “hold” rating in a report on Wednesday, July 26th. Guggenheim assumed coverage on shares of Antero Midstream Partners in a report on Thursday, July 20th. They set a “buy” rating and a $37.00 price objective for the company. Finally, Citigroup Inc. reiterated a “buy” rating and issued a $41.00 target price on shares of Antero Midstream Partners in a research note on Wednesday, May 31st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $38.18.

Antero Midstream Partners Company Profile

Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero Resources) to own, operate and develop midstream energy assets to service Antero Resources’ production. The Company’s segments include gathering and compression, and water handling and treatment. The gathering and compression segment includes a network of gathering pipelines, compressor stations, and processing and fractionation plants that collect and process natural gas, natural gas liquids (NGLs) and oil from Antero Resources’ wells in West Virginia and Ohio.

Institutional Ownership by Quarter for Antero Midstream Partners (NYSE:AM)

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