Cohen & Steers Inc. purchased a new stake in Altus Midstream (NYSE:ALTM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,275 shares of the company’s stock, valued at approximately $126,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Kayne Anderson Capital Advisors LP acquired a new stake in Altus Midstream during the 4th quarter valued at $118,970,000. HITE Hedge Asset Management LLC acquired a new stake in Altus Midstream during the 4th quarter valued at $27,938,000. State Treasurer State of Michigan acquired a new stake in Altus Midstream during the 4th quarter valued at $27,055,000. Tortoise Capital Advisors L.L.C. acquired a new stake in Altus Midstream during the 4th quarter valued at $26,268,000. Finally, Citigroup Inc. acquired a new stake in Altus Midstream during the 4th quarter valued at $8,282,000.

Shares of NYSE:ALTM opened at $6.44 on Friday. Altus Midstream has a 12-month low of $5.08 and a 12-month high of $10.48.

In other Altus Midstream news, major shareholder Kayne Anderson Capital Advisor sold 107,114 shares of the business’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $7.09, for a total transaction of $759,438.26. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Several analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Altus Midstream from a “buy” rating to a “hold” rating in a research note on Friday, February 8th. Credit Suisse Group assumed coverage on shares of Altus Midstream in a research note on Friday, January 4th. They set an “outperform” rating and a $11.00 target price on the stock. Finally, Barclays assumed coverage on shares of Altus Midstream in a research note on Friday, December 7th. They set an “overweight” rating and a $10.00 target price on the stock.

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Institutional Ownership by Quarter for Altus Midstream (NYSE:ALTM)

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