SG Americas Securities LLC Sells 7,010 Shares of Antero Midstream Partners LP (AM)

SG Americas Securities LLC cut its stake in shares of Antero Midstream Partners LP (NYSE:AM) by 13.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,958 shares of the pipeline company’s stock after selling 7,010 shares during the quarter. SG Americas Securities LLC’s holdings in Antero Midstream Partners were worth $1,260,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Tortoise Index Solutions LLC grew its holdings in shares of Antero Midstream Partners by 16.2% during the second quarter. Tortoise Index Solutions LLC now owns 13,282 shares of the pipeline company’s stock valued at $392,000 after purchasing an additional 1,855 shares during the last quarter. LVW Advisors LLC boosted its position in shares of Antero Midstream Partners by 27.5% during the third quarter. LVW Advisors LLC now owns 9,050 shares of the pipeline company’s stock worth $259,000 after buying an additional 1,950 shares during the period. Keybank National Association OH boosted its position in shares of Antero Midstream Partners by 16.1% during the second quarter. Keybank National Association OH now owns 15,493 shares of the pipeline company’s stock worth $457,000 after buying an additional 2,143 shares during the period. US Bancorp DE boosted its position in shares of Antero Midstream Partners by 23.0% during the second quarter. US Bancorp DE now owns 12,778 shares of the pipeline company’s stock worth $377,000 after buying an additional 2,387 shares during the period. Finally, MAI Capital Management boosted its position in shares of Antero Midstream Partners by 2.1% during the third quarter. MAI Capital Management now owns 169,450 shares of the pipeline company’s stock worth $4,856,000 after buying an additional 3,491 shares during the period. 49.74% of the stock is owned by institutional investors.

Several equities analysts have recently issued reports on AM shares. ValuEngine upgraded Antero Midstream Partners from a “hold” rating to a “buy” rating in a research report on Tuesday, October 9th. Credit Suisse Group reduced their price objective on Antero Midstream Partners from $36.00 to $28.00 and set a “hold” rating for the company in a research report on Wednesday, November 21st. Raymond James reiterated a “market perform” rating on shares of Antero Midstream Partners in a research report on Wednesday, October 10th. Wells Fargo & Co boosted their price objective on Antero Midstream Partners from $38.00 to $39.00 and gave the stock an “outperform” rating in a research report on Thursday, October 11th. Finally, Stifel Nicolaus upgraded Antero Midstream Partners from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Tuesday, August 28th. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Antero Midstream Partners has a consensus rating of “Hold” and an average target price of $33.35.

AM opened at $27.23 on Friday. The company has a market capitalization of $5.11 billion, a price-to-earnings ratio of 19.45 and a beta of 1.43. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.24 and a quick ratio of 1.24. Antero Midstream Partners LP has a 1-year low of $24.20 and a 1-year high of $34.53.

Antero Midstream Partners (NYSE:AM) last released its earnings results on Wednesday, October 31st. The pipeline company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The firm had revenue of $266.21 million during the quarter, compared to the consensus estimate of $247.91 million. Antero Midstream Partners had a return on equity of 21.74% and a net margin of 32.54%. On average, analysts predict that Antero Midstream Partners LP will post 1.7 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 16th. Shareholders of record on Friday, November 2nd were given a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 6.46%. This is an increase from Antero Midstream Partners’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Thursday, November 1st. Antero Midstream Partners’s dividend payout ratio is 125.71%.

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Antero Midstream Partners Company Profile

Antero Midstream Partners LP owns, operates, and develops midstream energy assets. The company operates in two segments, Gathering and Processing, and Water Handling and Treatment. Its assets include 8-, 12-, 16-, 20-, 24-, and 30-inch high and low pressure gathering pipelines, compressor stations, and processing and fractionation plants that collect and process natural gas, natural gas liquids, and crude oil from wells in the Marcellus Shale in West Virginia and the Utica Shale in Ohio; and water handling and treatment assets, which comprise two independent fresh water delivery systems that deliver fresh water from the Ohio River and several regional waterways, as well as wastewater handling services for well completion operations.

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Institutional Ownership by Quarter for Antero Midstream Partners (NYSE:AM)

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