State of New Jersey Common Pension Fund D boosted its position in shares of Antero Midstream GP LP (NASDAQ:AMGP) by 38.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 104,100 shares of the company’s stock after purchasing an additional 29,100 shares during the period. State of New Jersey Common Pension Fund D owned 0.06% of Antero Midstream GP worth $2,131,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new position in Antero Midstream GP during the 2nd quarter worth approximately $462,000. Artisan Partners Limited Partnership purchased a new position in Antero Midstream GP during the 2nd quarter worth approximately $12,415,000. Russell Investments Group Ltd. purchased a new position in Antero Midstream GP during the 2nd quarter worth approximately $3,535,000. Balyasny Asset Management LLC purchased a new position in Antero Midstream GP during the 2nd quarter worth approximately $3,310,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Antero Midstream GP during the 2nd quarter worth approximately $6,876,000.

Antero Midstream GP LP (NASDAQ AMGP) opened at $18.32 on Friday.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 23rd. Stockholders of record on Wednesday, November 1st will be issued a dividend of $0.059 per share. This is a boost from Antero Midstream GP’s previous quarterly dividend of $0.03. This represents a $0.24 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Tuesday, October 31st.

Several equities analysts have weighed in on the stock. Robert W. Baird reiterated a “buy” rating and set a $28.00 price objective on shares of Antero Midstream GP in a research report on Friday. Zacks Investment Research cut shares of Antero Midstream GP from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Scotiabank set a $25.00 price objective on shares of Antero Midstream GP and gave the stock a “hold” rating in a research report on Friday, July 21st. Stifel Nicolaus upgraded shares of Antero Midstream GP from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research report on Monday, August 14th. They noted that the move was a valuation call. Finally, Goldman Sachs Group, Inc. (The) cut shares of Antero Midstream GP from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $29.00 to $23.00 in a research report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $26.25.

ILLEGAL ACTIVITY WARNING: “Antero Midstream GP LP (AMGP) Shares Bought by State of New Jersey Common Pension Fund D” was originally published by Watch List News and is owned by of Watch List News. If you are viewing this story on another domain, it was stolen and reposted in violation of US & international copyright and trademark law. The legal version of this story can be read at https://www.watchlistnews.com/antero-midstream-gp-lp-amgp-shares-bought-by-state-of-new-jersey-common-pension-fund-d/1677719.html.

Antero Midstream GP Company Profile

Antero Midstream GP LP, formerly Antero Resources Midstream Management LLC, owns, operates and develops midstream energy infrastructure. The Company’s segments include gathering and processing and water handling and treatment. The gathering and processing segment consist of long-term, fee-based activities including low-pressure gathering, compression, high-pressure gathering, processing, fractionation, and condensate gathering.

Institutional Ownership by Quarter for Antero Midstream GP (NASDAQ:AMGP)

Receive News & Ratings for Antero Midstream GP LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antero Midstream GP LP and related companies with Analyst Ratings Network's FREE daily email newsletter.