Deutsche Bank AG Boosts Position in Antero Midstream Partners LP (AM)

Deutsche Bank AG increased its position in Antero Midstream Partners LP (NYSE:AM) by 15.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 597,234 shares of the pipeline company’s stock after purchasing an additional 79,115 shares during the period. Deutsche Bank AG’s holdings in Antero Midstream Partners were worth $12,774,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Tortoise Capital Advisors L.L.C. lifted its holdings in Antero Midstream Partners by 22.3% in the third quarter. Tortoise Capital Advisors L.L.C. now owns 12,811,090 shares of the pipeline company’s stock worth $367,166,000 after acquiring an additional 2,333,845 shares during the last quarter. Alps Advisors Inc. lifted its holdings in Antero Midstream Partners by 12.6% in the fourth quarter. Alps Advisors Inc. now owns 8,720,902 shares of the pipeline company’s stock worth $186,540,000 after acquiring an additional 974,888 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in Antero Midstream Partners by 30.1% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,702,656 shares of the pipeline company’s stock worth $57,810,000 after acquiring an additional 626,056 shares during the last quarter. Chickasaw Capital Management LLC lifted its holdings in Antero Midstream Partners by 4.7% in the fourth quarter. Chickasaw Capital Management LLC now owns 5,224,644 shares of the pipeline company’s stock worth $111,755,000 after acquiring an additional 234,350 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan bought a new position in Antero Midstream Partners in the fourth quarter worth about $4,701,000. Institutional investors and hedge funds own 50.22% of the company’s stock.

A number of equities analysts have issued reports on AM shares. Zacks Investment Research cut shares of Antero Midstream Partners from a “hold” rating to a “strong sell” rating in a report on Thursday, January 3rd. Capital One Financial cut shares of Antero Midstream Partners from an “overweight” rating to an “equal weight” rating in a report on Friday, February 1st. Finally, ValuEngine cut shares of Antero Midstream Partners from a “hold” rating to a “sell” rating in a report on Friday, March 1st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. Antero Midstream Partners presently has a consensus rating of “Hold” and a consensus target price of $34.28.

AM opened at $14.16 on Tuesday. The company has a market cap of $2.66 billion, a PE ratio of 43.24 and a beta of 1.82. Antero Midstream Partners LP has a twelve month low of $10.12 and a twelve month high of $19.91.

Antero Midstream Partners (NYSE:AM) last released its quarterly earnings results on Wednesday, February 13th. The pipeline company reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.10. The company had revenue of $281.75 million for the quarter, compared to analysts’ expectations of $264.71 million. Antero Midstream Partners had a return on equity of 246.65% and a net margin of 43.36%. On average, sell-side analysts forecast that Antero Midstream Partners LP will post 0.89 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 8th. Stockholders of record on Friday, April 26th will be issued a dividend of $0.3025 per share. The ex-dividend date is Thursday, April 25th. This represents a $1.21 dividend on an annualized basis and a dividend yield of 8.55%. Antero Midstream Partners’s dividend payout ratio (DPR) is presently 200.00%.

In other news, insider Michael N. Kennedy sold 210,000 shares of Antero Midstream Partners stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $12.45, for a total transaction of $2,614,500.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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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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