Raymond James Financial Services Advisors Inc. grew its position in shares of Antero Midstream Partners LP (NYSE:AM) by 57.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,851 shares of the pipeline company’s stock after buying an additional 12,028 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Antero Midstream Partners were worth $1,036,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Alliancebernstein L.P. increased its stake in shares of Antero Midstream Partners by 40.6% in the 1st 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 in the last quarter. US Bancorp DE increased its stake in shares of Antero Midstream Partners by 6.4% in the 2nd quarter. US Bancorp DE now owns 8,108 shares of the pipeline company’s stock worth $269,000 after purchasing an additional 488 shares in the last quarter. State of New Jersey Common Pension Fund D increased its stake in shares of Antero Midstream Partners by 31.0% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 127,300 shares of the pipeline company’s stock worth $4,224,000 after purchasing an additional 30,100 shares in the last quarter. Tortoise Capital Advisors L.L.C. increased its stake in shares of Antero Midstream Partners by 2.4% in 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 in the last quarter. Finally, Global X Management Co. LLC increased its stake in shares of Antero Midstream Partners by 28.3% in the 2nd quarter. Global X Management Co. LLC now owns 473,420 shares of the pipeline company’s stock worth $15,708,000 after purchasing an additional 104,297 shares in the last quarter. 49.39% of the stock is currently owned by hedge funds and other institutional investors.

AM has been the subject of several analyst reports. BidaskClub lowered Antero Midstream Partners from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Stifel Nicolaus upgraded Antero Midstream Partners from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research note on Tuesday, August 15th. TheStreet lowered Antero Midstream Partners from a “b” rating to a “c+” rating in a research note on Tuesday, August 22nd. Morgan Stanley reiterated an “overweight” rating on shares of Antero Midstream Partners in a research note on Tuesday, September 5th. Finally, ValuEngine upgraded Antero Midstream Partners from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. One equities research 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 has a consensus rating of “Buy” and a consensus price target of $39.25.

Shares of Antero Midstream Partners LP (AM) opened at $28.58 on Friday. Antero Midstream Partners LP has a 12 month low of $25.71 and a 12 month high of $35.74. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.70. The stock has a market capitalization of $5,141.61, a price-to-earnings ratio of 19.13, a price-to-earnings-growth ratio of 0.94 and a beta of 1.80.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 23rd. Shareholders of record on Wednesday, November 1st were paid a $0.059 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.83%. Antero Midstream Partners’s payout ratio is presently 94.44%.

In other Antero Midstream Partners news, major shareholder Resources Corp Antero sold 10,000,000 shares of the stock in a transaction on Monday, September 11th. The stock was 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 owns 98,870,335 shares in the company, valued at approximately $3,075,856,121.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 7.91% of the company’s stock.

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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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