Center Coast Capital Advisors LP lifted its holdings in Antero Midstream Partners LP (NYSE:AM) by 56.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 134,757 shares of the pipeline company’s stock after purchasing an additional 48,618 shares during the quarter. Center Coast Capital Advisors LP owned 0.07% of Antero Midstream Partners worth $1,512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of AM. Ameriprise Financial Inc. purchased a new position in shares of Antero Midstream Partners in the first quarter worth $484,000. Alliancebernstein L.P. raised its stake in shares of Antero Midstream Partners by 40.6% in the first quarter. Alliancebernstein L.P. now owns 15,002 shares of the pipeline company’s stock worth $497,000 after purchasing an additional 4,332 shares during the last quarter. Creative Planning raised its stake in shares of Antero Midstream Partners by 29.1% in the second quarter. Creative Planning now owns 13,095 shares of the pipeline company’s stock worth $434,000 after purchasing an additional 2,950 shares during the last quarter. Spirit of America Management Corp NY raised its stake in shares of Antero Midstream Partners by 1.8% in the second quarter. Spirit of America Management Corp NY now owns 743,384 shares of the pipeline company’s stock worth $24,665,000 after purchasing an additional 13,350 shares during the last quarter. Finally, Diversified Trust Co raised its stake in shares of Antero Midstream Partners by 3.5% in the second quarter. Diversified Trust Co now owns 25,190 shares of the pipeline company’s stock worth $836,000 after purchasing an additional 842 shares during the last quarter. Hedge funds and other institutional investors own 43.69% of the company’s stock.

Shares of Antero Midstream Partners LP (NYSE AM) traded down $0.59 on Tuesday, hitting $26.81. The company had a trading volume of 405,200 shares, compared to its average volume of 442,919. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.70. Antero Midstream Partners LP has a one year low of $26.81 and a one year high of $35.74. The company has a market capitalization of $5,113.61, a price-to-earnings ratio of 19.03, a P/E/G ratio of 0.91 and a beta of 1.86.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 23rd. Investors of record on Wednesday, November 1st will be issued a $0.059 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.88%. Antero Midstream Partners’s payout ratio is currently 94.44%.

AM has been the subject of several recent analyst reports. Zacks Investment Research cut Antero Midstream Partners from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. ValuEngine cut Antero Midstream Partners from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Guggenheim initiated coverage on Antero Midstream Partners in a research note on Thursday, July 20th. They issued a “buy” rating and a $37.00 price target for the company. Robert W. Baird set a $42.00 price target on Antero Midstream Partners and gave the stock a “buy” rating in a research note on Sunday, September 10th. Finally, Scotiabank set a $44.00 price target on Antero Midstream Partners and gave the stock a “buy” rating in a research note on Saturday, July 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $39.25.

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 stock was sold at an average price of $31.11, for a total transaction of $311,100,000.00. Following the completion of the sale, the insider now owns 98,870,335 shares of the company’s stock, valued at $3,075,856,121.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 7.91% of the company’s stock.

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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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