Cohen & Steers Inc. acquired a new stake in shares of American Midstream Partners LP (NYSE:AMID) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 217,892 shares of the pipeline company’s stock, valued at approximately $660,000.

A number of other institutional investors have also recently made changes to their positions in the business. Arrow Investment Advisors LLC lifted its position in American Midstream Partners by 70.8% during the fourth quarter. Arrow Investment Advisors LLC now owns 78,819 shares of the pipeline company’s stock valued at $239,000 after buying an additional 32,667 shares during the period. Wiley BROS. Aintree Capital LLC purchased a new position in shares of American Midstream Partners in the 4th quarter worth about $55,000. Citigroup Inc. purchased a new position in shares of American Midstream Partners in the 4th quarter worth about $196,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of American Midstream Partners in the 4th quarter worth about $199,000. Finally, Gabelli Funds LLC purchased a new position in shares of American Midstream Partners in the 4th quarter worth about $232,000. 41.95% of the stock is owned by institutional investors and hedge funds.

AMID opened at $4.00 on Friday. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.36 and a current ratio of 0.37. American Midstream Partners LP has a 1 year low of $2.75 and a 1 year high of $11.88.

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American Midstream Partners Profile

American Midstream Partners, LP provides midstream infrastructure that links the producers of natural gas, crude oil, natural gas liquids (NGLs), condensate, and specialty chemicals to various intermediate and end-use markets in the United States and Mexico. Its Gas Gathering and Processing Services segment offers services to producers of natural gas and crude oil, including transporting raw natural gas and crude oil from various receipt points through gathering systems, treating the raw natural gas, processing raw natural gas to separate the NGLs from the natural gas, fractionating NGLs, and selling or delivering pipeline-quality natural gas and NGLs.

Further Reading: Sell-Side Analysts

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Institutional Ownership by Quarter for American Midstream Partners (NYSE:AMID)

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