Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Antero Midstream Partners LP (NYSE:AM) by 15.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,598,201 shares of the pipeline company’s stock after buying an additional 212,350 shares during the period. Antero Midstream Partners comprises about 0.8% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s investment portfolio, making the stock its 17th largest position. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned approximately 0.86% of Antero Midstream Partners worth $53,028,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. State of New Jersey Common Pension Fund D boosted its stake in shares of Antero Midstream Partners by 23.7% in the first quarter. State of New Jersey Common Pension Fund D now owns 97,200 shares of the pipeline company’s stock valued at $3,223,000 after buying an additional 18,600 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Antero Midstream Partners during the first quarter valued at approximately $3,702,000. Jennison Associates LLC boosted its stake in shares of Antero Midstream Partners by 41.4% in the first quarter. Jennison Associates LLC now owns 502,616 shares of the pipeline company’s stock valued at $16,667,000 after buying an additional 147,082 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Antero Midstream Partners by 89.8% in the first quarter. First Trust Advisors LP now owns 230,332 shares of the pipeline company’s stock valued at $7,638,000 after buying an additional 108,975 shares during the last quarter. Finally, BNP Paribas Arbitrage SA purchased a new stake in shares of Antero Midstream Partners during the first quarter valued at approximately $330,000. 43.25% of the stock is owned by institutional investors and hedge funds.

Antero Midstream Partners LP (NYSE AM) opened at 33.55 on Friday. The stock’s 50 day moving average price is $33.14 and its 200-day moving average price is $33.51. The firm has a market capitalization of $6.26 billion, a price-to-earnings ratio of 22.79 and a beta of 1.97. Antero Midstream Partners LP has a one year low of $24.61 and a one year high of $35.74.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 16th. Stockholders of record on Thursday, August 3rd were paid a dividend of $0.32 per share. This is an increase from Antero Midstream Partners’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend was Tuesday, August 1st. Antero Midstream Partners’s payout ratio is currently 86.49%.

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Several equities research analysts recently commented on AM shares. Scotiabank set a $44.00 price target on Antero Midstream Partners and gave the company a “buy” rating in a research note on Monday, May 22nd. Goldman Sachs Group, Inc. (The) assumed coverage on Antero Midstream Partners in a report on Monday, May 29th. They issued a “buy” rating and a $45.00 target price for the company. Mitsubishi UFJ Financial Group assumed coverage on Antero Midstream Partners in a report on Monday, May 29th. They issued a “buy” rating and a $30.00 target price for the company. Credit Suisse Group assumed coverage on Antero Midstream Partners in a report on Tuesday, May 30th. They issued an “outperform” rating and a $44.00 target price for the company. Finally, Morgan Stanley restated an “overweight” rating and issued a $40.00 target price on shares of Antero Midstream Partners in a report on Tuesday, May 30th. Two analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target 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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