BB&T Securities LLC grew its holdings in shares of Antero Midstream Partners LP (NYSE:AM) by 11.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,219 shares of the pipeline company’s stock after buying an additional 4,765 shares during the period. BB&T Securities LLC’s holdings in Antero Midstream Partners were worth $1,425,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its stake in Antero Midstream Partners by 8.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,347 shares of the pipeline company’s stock worth $177,000 after purchasing an additional 410 shares in the last quarter. Proficio Capital Partners LLC boosted its stake in Antero Midstream Partners by 6.4% in the 2nd quarter. Proficio Capital Partners LLC now owns 7,055 shares of the pipeline company’s stock worth $247,000 after purchasing an additional 424 shares in the last quarter. Carnick & Kubik Group LLC bought a new position in Antero Midstream Partners in the 3rd quarter worth about $227,000. Northern Trust Corp bought a new position in Antero Midstream Partners in the 2nd quarter worth about $245,000. Finally, Guild Investment Management Inc. bought a new position in Antero Midstream Partners in the 3rd quarter worth about $236,000. Hedge funds and other institutional investors own 49.39% of the company’s stock.

In other news, major shareholder Resources Corp Antero sold 10,000,000 shares of the company’s stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $31.11, for a total transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 7.91% of the stock is owned by corporate insiders.

A number of equities analysts have weighed in on the company. Zacks Investment Research lowered Antero Midstream Partners from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. ValuEngine lowered Antero Midstream Partners from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Robert W. Baird set a $42.00 target price on Antero Midstream Partners and gave the stock a “buy” rating in a research report on Sunday, September 10th. BidaskClub raised Antero Midstream Partners from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. Finally, TheStreet lowered Antero Midstream Partners from a “b” rating to a “c+” rating in a research report on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $39.25.

Shares of Antero Midstream Partners LP (NYSE AM) opened at $28.28 on Thursday. Antero Midstream Partners LP has a 52-week low of $25.71 and a 52-week high of $35.74. The company has a market cap of $5,317.04, a PE ratio of 19.78, a PEG ratio of 0.98 and a beta of 1.79. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.00 and a current ratio of 1.00.

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

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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.

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

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