Equities research analysts expect that Antero Midstream Partners LP (NYSE:AM) will announce sales of $209.39 million for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Antero Midstream Partners’ earnings. The lowest sales estimate is $200.70 million and the highest is $225.47 million. Antero Midstream Partners reported sales of $166.85 million during the same quarter last year, which indicates a positive year over year growth rate of 25.5%. The company is scheduled to report its next earnings report on Tuesday, February 27th.

On average, analysts expect that Antero Midstream Partners will report full-year sales of $209.39 million for the current year, with estimates ranging from $747.57 million to $799.32 million. For the next year, analysts forecast that the firm will report sales of $896.26 million per share, with estimates ranging from $823.40 million to $1.05 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Antero Midstream Partners.

Several equities research analysts have recently commented on AM shares. Morgan Stanley reissued an “overweight” rating on shares of Antero Midstream Partners in a research report on Tuesday, September 5th. Scotiabank set a $44.00 price target on shares of Antero Midstream Partners and gave the stock a “buy” rating in a report on Saturday, July 22nd. BidaskClub upgraded shares of Antero Midstream Partners from a “sell” rating to a “hold” rating in a report on Saturday, August 26th. ValuEngine cut shares of Antero Midstream Partners from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Finally, Zacks Investment Research cut shares of Antero Midstream Partners from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 25th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $39.25.

In other news, major shareholder Resources Corp Antero sold 10,000,000 shares of the company’s stock in a transaction on 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 owns 98,870,335 shares of the company’s stock, valued at approximately $3,075,856,121.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 7.91% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of the stock. Tortoise Capital Advisors L.L.C. increased its stake 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 valued at $294,987,000 after purchasing an additional 212,003 shares in the last quarter. Alps Advisors Inc. boosted its holdings in shares of Antero Midstream Partners by 12.2% during the 3rd quarter. Alps Advisors Inc. now owns 6,318,188 shares of the pipeline company’s stock valued at $199,212,000 after acquiring an additional 686,899 shares during the last quarter. Neuberger Berman Group LLC boosted its holdings in shares of Antero Midstream Partners by 1.1% in the second quarter. Neuberger Berman Group LLC now owns 5,358,560 shares of the pipeline company’s stock worth $177,797,000 after buying an additional 56,646 shares during the last quarter. Atlantic Trust Group LLC boosted its holdings in shares of Antero Midstream Partners by 4.8% in the second quarter. Atlantic Trust Group LLC now owns 1,658,090 shares of the pipeline company’s stock worth $55,015,000 after buying an additional 76,412 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Antero Midstream Partners by 15.3% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 1,598,201 shares of the pipeline company’s stock worth $53,028,000 after buying an additional 212,350 shares during the last quarter. Institutional investors own 43.01% of the company’s stock.

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Shares of Antero Midstream Partners (NYSE AM) opened at $27.78 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.03 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $5.16 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 0.74 and a beta of 1.86.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 23rd. Stockholders of record on Wednesday, November 1st will be paid a $0.059 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.85%. Antero Midstream Partners’s dividend payout ratio (DPR) is 94.44%.

About Antero Midstream Partners

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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