News stories about American Midstream Partners (NYSE:AMID) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Midstream Partners earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the pipeline company an impact score of 46.0195556492219 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of American Midstream Partners (AMID) opened at $12.25 on Tuesday. The company has a current ratio of 1.13, a quick ratio of 1.08 and a debt-to-equity ratio of 2.38. American Midstream Partners has a 1 year low of $11.10 and a 1 year high of $18.45.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Tuesday, November 7th were given a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a dividend yield of 13.47%. This is an increase from American Midstream Partners’s previous quarterly dividend of $0.41. The ex-dividend date was Monday, November 6th. American Midstream Partners’s payout ratio is presently -217.11%.

Several equities research analysts have issued reports on AMID shares. Zacks Investment Research upgraded shares of American Midstream Partners from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. ValuEngine downgraded shares of American Midstream Partners from a “hold” rating to a “sell” rating in a research report on Thursday, August 17th. Royal Bank Of Canada restated a “hold” rating and set a $14.00 price objective (down from $18.00) on shares of American Midstream Partners in a research report on Monday, August 28th. BidaskClub downgraded shares of American Midstream Partners from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 30th. Finally, Citigroup Inc. downgraded shares of American Midstream Partners from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $18.00 to $16.00 in a research report on Tuesday, October 10th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $16.60.

In other American Midstream Partners news, Chairman Lynn L. Bourdon III purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The stock was bought at an average cost of $12.49 per share, for a total transaction of $124,900.00. Following the completion of the transaction, the chairman now owns 150,842 shares in the company, valued at $1,884,016.58. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 5.40% of the stock is currently owned by insiders.

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About American Midstream Partners

American Midstream Partners, LP owns, operates, develops and acquires a portfolio of midstream energy assets. The Company provides midstream infrastructure that links producers of natural gas, crude oil, natural gas liquids (NGLs), condensate and specialty chemicals to numerous intermediate and end-use markets.

Insider Buying and Selling by Quarter for American Midstream Partners (NYSE:AMID)

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