Equities analysts expect Antero Midstream Partners LP (NYSE:AM) to announce earnings of $0.39 per share for the current quarter, according to Zacks. Three analysts have made estimates for Antero Midstream Partners’ earnings, with the highest EPS estimate coming in at $0.43 and the lowest estimate coming in at $0.35. Antero Midstream Partners posted earnings of $0.37 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 5.4%. The business is scheduled to report its next quarterly earnings report on Wednesday, October 25th.

On average, analysts expect that Antero Midstream Partners will report full year earnings of $1.54 per share for the current financial year, with EPS estimates ranging from $1.43 to $1.61. For the next fiscal year, analysts expect that the firm will post earnings of $1.88 per share, with EPS estimates ranging from $1.67 to $2.14. Zacks’ earnings per share averages are an average based on a survey of analysts that that provide coverage for Antero Midstream Partners.

Several analysts have commented on the stock. Stifel Nicolaus upgraded shares of Antero Midstream Partners from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research report on Tuesday. BidaskClub cut shares of Antero Midstream Partners from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Zacks Investment Research upgraded shares of Antero Midstream Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, July 26th. Scotiabank set a $44.00 target price on shares of Antero Midstream Partners and gave the company a “buy” rating in a research report on Saturday, July 22nd. Finally, Guggenheim assumed coverage on shares of Antero Midstream Partners in a report on Thursday, July 20th. They issued a “buy” rating and a $37.00 price target for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and thirteen have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $38.18.

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Several institutional investors have recently made changes to their positions in AM. Balentine LLC raised its position in shares of Antero Midstream Partners by 5.7% in the first quarter. Balentine LLC now owns 3,892 shares of the pipeline company’s stock worth $129,000 after buying an additional 210 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Antero Midstream Partners by 8.3% in the second quarter. The Manufacturers Life Insurance Company now owns 5,347 shares of the pipeline company’s stock worth $177,000 after buying an additional 410 shares during the last quarter. Penserra Capital Management LLC bought a new position in shares of Antero Midstream Partners during the first quarter worth $194,000. Signature Financial Management Inc. bought a new position in shares of Antero Midstream Partners during the first quarter worth $205,000. Finally, Proficio Capital Partners LLC bought a new position in shares of Antero Midstream Partners during the first quarter worth $230,000. 46.80% of the stock is owned by institutional investors.

Shares of Antero Midstream Partners (NYSE:AM) opened at 31.31 on Friday. Antero Midstream Partners has a 52-week low of $24.61 and a 52-week high of $35.74. The firm has a market capitalization of $5.84 billion, a PE ratio of 21.27 and a beta of 1.96. The company has a 50-day moving average price of $33.33 and a 200 day moving average price of $33.67.

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 16th. Stockholders of record on Thursday, August 3rd were issued a $0.32 dividend. This is a positive change from Antero Midstream Partners’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Tuesday, August 1st. This represents a $1.28 annualized dividend and a dividend yield of 4.09%. Antero Midstream Partners’s payout ratio is 86.49%.

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.

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Earnings History and Estimates for Antero Midstream Partners (NYSE:AM)

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