EnTrustPermal Management LLC maintained its stake in shares of Antero Midstream Partners LP (NYSE:AM) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 94,200 shares of the pipeline company’s stock at the end of the second quarter. Antero Midstream Partners accounts for about 1.3% of EnTrustPermal Management LLC’s investment portfolio, making the stock its 24th biggest position. EnTrustPermal Management LLC owned 0.05% of Antero Midstream Partners worth $3,126,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Tortoise Capital Advisors L.L.C. raised its position in Antero Midstream Partners by 2.4% during the 2nd quarter. Tortoise Capital Advisors L.L.C. now owns 8,890,510 shares of the pipeline company’s stock worth $294,987,000 after purchasing an additional 212,003 shares during the last quarter. Alps Advisors Inc. raised its position in Antero Midstream Partners by 3.6% during the 2nd quarter. Alps Advisors Inc. now owns 5,631,289 shares of the pipeline company’s stock worth $186,846,000 after purchasing an additional 197,826 shares during the last quarter. Neuberger Berman Group LLC raised its position in Antero Midstream Partners by 1.1% during the 2nd quarter. Neuberger Berman Group LLC now owns 5,358,560 shares of the pipeline company’s stock worth $177,797,000 after purchasing an additional 56,646 shares during the last quarter. OppenheimerFunds Inc. raised its position in Antero Midstream Partners by 50.3% during the 1st quarter. OppenheimerFunds Inc. now owns 1,921,960 shares of the pipeline company’s stock worth $63,732,000 after purchasing an additional 643,340 shares during the last quarter. Finally, Atlantic Trust Group LLC raised its position in Antero Midstream Partners by 4.8% during the 2nd quarter. Atlantic Trust Group LLC now owns 1,658,090 shares of the pipeline company’s stock worth $55,015,000 after purchasing an additional 76,412 shares during the last quarter. 43.18% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently issued reports on AM. Citigroup Inc. reaffirmed a “buy” rating and set a $41.00 target price on shares of Antero Midstream Partners in a research report on Wednesday, May 31st. Zacks Investment Research raised Antero Midstream Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, July 26th. Scotiabank set a $44.00 price objective on Antero Midstream Partners and gave the stock a “buy” rating in a research report on Saturday, July 22nd. Guggenheim initiated coverage on Antero Midstream Partners in a research report on Thursday, July 20th. They issued a “buy” rating and a $37.00 price objective for the company. Finally, Morgan Stanley reissued an “overweight” rating on shares of Antero Midstream Partners in a research report on Tuesday, September 5th. Two research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $38.50.

In other Antero Midstream Partners news, major shareholder Resources Corp Antero sold 10,000,000 shares of the business’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $31.11, for a total value of $311,100,000.00. Following the completion of the sale, the insider now directly owns 98,870,335 shares of the company’s stock, valued at approximately $3,075,856,121.85. The transaction was disclosed in a filing with the SEC, which is available through this link. 7.91% of the stock is owned by insiders.

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Antero Midstream Partners LP (AM) traded down 0.99% during trading on Thursday, reaching $30.98. The company’s stock had a trading volume of 89,327 shares. Antero Midstream Partners LP has a one year low of $25.49 and a one year high of $35.74. The company has a 50-day moving average of $32.37 and a 200 day moving average of $33.24. The firm has a market cap of $5.78 billion, a PE ratio of 21.05 and a beta of 1.96.

Antero Midstream Partners 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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